The Algerian government is seeking a re evaluation of Djezzy the telecommunications firm before its purchase from Vimpelcom.
Investors
Ouya Obtains US$15 million in venture financing
Ouya console gaming gets a boost with US$15 million from venture capitalists. The maker of a US$99 video game console that utilizes Google Inc's Android operating system, Ouya Inc has raised US$15 million in venture capitalist funding in expanding its operations.
Oaktree German Office to Merge with Competitor Prime Office
Oaktree is in discussion with the merger of its real estate unit with Prime Office, its competitor. Reuters reported that private equity investor, Oaktree Capital, is in discussion to merge the real estate unit of its German office with its competitor Prime Office.
Investec's Asset Management Team Set To Increase Shares
Investec's Asset Management Team led by Hendrik du Toit is seeking to increase its shareholdings in the company.
Slovakian Power Utility Discusses New Loan Terms
Slovenske Eletarne AS is in discussion with lenders as to renegotiation of a deal finalized back in 2007.
Latest News
Barclays Grants EuNetwork debt funding for its growth potential. The EuNetworks Group, a bandwidth communications provider, disclosed that it availed of a term loan funding agreement with Barclays Private Credit Partners Fund LP.
The IPO of the Nomura Real Estate Holdings REIT expects at least US$175 billion earnings. Nomura Real Estate Holdings is planning to undertake an initial public offer of shares that is said to be the largest one to date.
Dubai Group would become independent of Dubai Holding upon completion of a US$10 million infrastructure deal.
Billabong has just been in breach of debt payments as exclusivity period for bid lapsed without a formal offer.
Einhorn of Greenlight Capital gives advice and provides fearless forecast. David Einhorn is one of the most observed hedge fund managers in the industry.
Quintiles IPO sells US$947 million to pay off debts and other corporate activities. Pharmaceutical support firm Quintiles Transnational Holdings has raised US$947 million for its IPO.
IPO is the vehicle to be used by Sinarmas Land to sell off Kota Deltamas. One of the renowned land developers in Indonesia, with interests in subdivisions, shopping mals and golf courses has engaged the services of the Macquarie Group for an IPO.
Atlas Pipeline's acquisition of TEAK Midstream recently concluded. Atlas Pipeline Partners, L. P. disclosed today that the earlier announced acquisition of TEAK Midstream, LLC, has already concluded and effective date of purchase is 1st of April 2013.
Ashford Hospitality purchases the Pier House Resort for US$90 million cash. The Ashford Hospitality Trust, Inc. announced today that it has already inked a final contract to purchase the Pier House Resort and Caribbean Spa in Key West, Florida that has 142 rooms for an estimated amount of US$90 million cash.
