Katara Hospitality is set to acquire an unnamed hotel in London. Katara Hospitality of Qatar is nearing the completion of the acquisition of its first hotel property in London.
Regions
Consulting Firms Put Together by Alacrita
Canopus and Transentia joined by Alacrita to form a new company. The consulting firm on transatlantic life science, Alacrita combined the expertise of two consulting firms on life science performance and named Dr.
SMBC Acquires 40% of BTPN
SMBC formalizes acquisition of 40% of BTPN. Sumitomo Mitsui Banking Corp has agreed to acquire nearly 40% of BTPN the Indonesian financial institution.
Inviragen acquired by Takeda
Takeda purchases Inviragen for a total of US$250 million. In a joint statement of Inviragen, Inc and Takeda Pharmaceutical Company Limited, it disclosed that Takeda's fully owned company,Takeda America Holdings, Inc, have entered into a final acquisition agreement.
ING complies with bailout provisions
ING is now divesting assets and undertaking cost cutting measures in order to comply with bailout requirements.
Latest News
Qatar Petroleum would do IPO for four companies it now owns. In a statement, Executive Board Member of Qatar Holding said the state owned Qatar Petroleum would be offering shares in four of its units in the next few years.
Statkraft AS sells interest in German power producer EON SE. The biggest utility company in Norway, Statkraft AS has sold off its 4. 2% shareholdings in EON SE, the largest power producer in Germany.
Almarai Co is to offer nearly US$500 million debt bonds for its expansion program. Almarai Co is a Saudi Arabian food conglomerate that is currently operating a joint venture project with PepsiCo Inc.
Reconstituted tobacco leaf related companies from Norway's portfolio fund. The sovereign wealth fund of Norway, which is also the world's largest, has excluded Schweitzer-Mauduit International Inc and Huabao International Holdings Ltd from its corporate portfolio due to their involvement with tobacco production.
Health Care REIT acquires 75% of shareholdings, including debt and prepares for the IPO. Health Care REIT has agreed to pay Revera Inc, the Canadian senior housing operator, the amount of US$697 million in cash in exchange for a majority ownership in the 47 senior housing communities it operates.
PT Pembangunan Deltamas to do IPO for the third quarter of the year. PT Pembangunan Deltamas, the Indonesian industrial parks operator, is seeking to raise nearly US$250 million through an initial public offer scheduled for the third quarter of 2013.
Yahoo's Marissa Meyer sought to end the search ad agreement with Microsoft and opt for Google's very own.
China Mengniu Dairy Co Ltd purchases shareholdings in China Modern Dairy Holdings. The China Mengniu Dairy Co. Ltd has recently entered into an agreement to purchase US$410 million shareholdings in the largest unpasteurized milk producer in China.
Petronas of Malaysia has purchased a stake in a Brazilian oil field owned by Eike Bautista. Petronas, the state backed Malaysian oil company Petronas has entered into an agreement to pay US$850 million for a stake in an oil field located offshore in Brazil.
