Investors
Carlyle and Palamon Partner to Acquire DBG Ltd
Carlyle and Palamon acquires DBG Ltd from Synova Capital. Global asset manager The Carlyle Group in conjunction with Palamon Capital Partners have announced the acquisition of DBG Limited from Synova Capital.
China's Longyuan Power Group Withdraws from Wind Power Project Down Under
China's Longyuan Power Group would not be competing with Thai Egco PCL for the Boco Rock Wind Farm project in New South Wales, Australia.
Celltrion Founder Divests Shareholdings because of Market Speculation
Celltrion founder Seo Jung-jin is divesting his shareholdings because of speculative short selling. Last Wednesday, Celltrion Inc has named JP Morgan as advisor to assist the firm remove its linkages from its founder, Seo Jung-jin.
EFG-Hermes QInvest Merger Still in Limbo
Despite assurances by the Egyptian PM, there is still no approval as to the EFG-QInvest merger. The Middle East's largest investment bank, EFG-Hermes has been awaiting notice from Egypt's financial regulator for the approval of its merger with QInvest of Qatar.