General Lighting Co would be doing IPO at Saudi Arabian bourse. General Lighting Co is planning to sell off shares in the Saudi Arabian stock market. The company is a Saudi Arabian firm partly owned by the Carlyle Group and the sale would be the way that the private equity firm would be exiting its shareholdings in the firm.
Investors
Ghana to Issue Eurobond Worth US$1 Billion
Ghana, similar to its issue in 2007, is planning to sell Eurobond worth US$1 billion. Ghana is planning to issue a Eurobond worth up to US$1 billion in order to refinance its current debt and fund infrastructure projects, according to the country's Vice President.
OpenCoin Supported by Google Ventures and IDG Capital Partners
OpenCoin receives funding and support from IDG Capital Partners and Google Ventures. OpenCoin disclosed that it concluded another circle of angel funding from renowned investors IDG Capital Partners and Google Ventures.
J.C. Flowers Acquires Cabot Credit Management from AnaCap
Anacap Financial Partners announced the transfer of Cabot Credit Management to JC Flowers. Europe-based private equity consultant on financial services , AnaCap Financial Partners LLP was delighted to announce the sale of Cabot Credit Management to J.
Acacia Raised US$20 Million
Acacia raises US$20 million from its financing round. In an announcement today from Acacia Communications, it disclosed that it concluded its financing round with US$20 million additional finances.
Latest News
Sony Corp share activity may be related to ThirdPoint's Daniel Loeb call for the firm's restructuring.
The latest Actavis bid for Mylan has been rejected. In its latest move, Actavis had rejected the takover bid from Mylan last week. The bid was priced at US$15 billion, according to Reuters quoting an anonymous source familiar with the decision.
Central Pattana together with two of its shareholders undertakes share sale. Top Thailand department store operator Central Pattana Pcl together with two of its shareholders had raised a total of US$367 million in a share offer.
ICTSI announces secondary stock offer to Philippine market. International Container Terminal Services Inc, a port operator based in the Philippines, announced that it was seeking to raise US$200 million through a secondary stock offering.
Brazil's MEI SA will undertake share buyback a month after it floated shares on the market. Multiplan Empreendimentos Imobilarios SA, the renowned Brazilian mall operator, has announced that it would be repurchasing about 3.
CVC Credit would list CVC Credit Partners European Opportunities Ltd in the London Stock Exchange. Private equity firm the CVC Group is planning to raise Eur300 million or US$389 million from investors through flotation of one of its credit funds.
Catalyst Principal Partners invests in Yes Brands of Ethiopia. The East African-focused private equity firm, Catalyst Principal Partners pronounced today its purchase of a 50% shares in the Ethiopia’s Yes Brands Food & Beverage.
Five telecom firms bid for Saudi Arabian mobile virtual network operator licenses. Applications for virtual telecommunications licenses in Saudi Arabia have been submitted by five companies, amongst them Virgin Mobile Middle East & Africa.
China Galaxy Securities per share price range for its IPO narrowed down. China Galaxy Securities Co Ltd has announced the indicative price range for its US$1.
