The owners of Evonik are offering by private placement two percent of its shares before its eventual IPO days later.
Investors
WellTok Raises Series B Funding
WellTok Completes new series B round funding. The developer of CafeWell, the top Social Health Management Platform has announced the completion of its Series B funding activities.
Indian private equity deals decline in Q1 2013
Indian private equity investments decreased by a quarter in Q1 2013, according to the latest Quarterly Deal Report of VCCEdge.
Renaissance Offshore LLC Acquires Black Elk Energy Assets
Renaissance has acquired three oil wells from Black Elk Energy. A privately held oil and gas company based in Houston has completed the acquisition of select Black Elk Energy assets.
Private Equity Firm Carlyle Buys Shanghai Office Tower
Private equity firm Carlyle Group is the new owner of Central Plaza, an office building in Shanghai, China, acquiring it for $267 million from Forterra Trust, a Singapore-listed real estate fund.
Latest News
Nomos Bank would offer a dollar denominated Eurobond through a roadshow. The Russian financial institution Nomos Bank is one of the few banks in Russia listed in the country's stock exchange.
SunTech exploring options with investors and buyers of assets. Beleaguered Chinese solar panel manufacturer Suntech Power Holdings Co Ltd is now seeking to sell off some of its assets.
Intelstat would undertake an IPO worth about US $500 million. A proposed IPO worth US $500 million would test the resolve of investors for financial leverage in Intelsat Global Holdings SA.
Qatar has finalized payment and transfer terms for Printemps. Qatar has finalized its agreement to acquire French retailer Printemps for Eur 1. 6 billion or US $2.
The initial public offering of Taylor Morrison Home Corp, which is the latest for companies tied to the housing sector, has raised $628.3 million.
Aid in the form of bond deposits is what Qatar has given to Egypt in the latest round of assistance.
KKR appoints Hirofumi Hirano as CEO and MD while former CEO and MD Shusaku Minoda becomes chairman.
Telecom Italia's investors meet to discuss future moves Telecom Italia SpA's stockholders are meeting today to discuss its future moves on votes to be made at the annual shareholders meeting of the largest phone company of Italy.
First Solar's shares jumped 45 percent with its announcement that it will acquire a new solar technology and that revenue in the next three years will be above Wall Street estimates.
