Sectors

Beijing Enterprises Holdings announced that they are set to acquire a 22.01% stake claim in China Gas Holdings Limited from their parent company, Beijing Enterprises Group Company Limited.

Teck Resources Ltd was tagged as one of the remaining interested companies set to acquire the Rio Tinto Group's 59% stake claim in Iron Ore Co.

Foundation had filed its official IPO documents with the Securities and Exchange Commission as it plans to raise US$86.25 million in equity funding.

The New South Wales state government announced that bidders for Macquarie Generation will have until August 19 to file expressions of interest.

Latest News

Alexander Forbes stated in its latest annual report that it is mulling further expansion in African countries.

MVC Capital revealed that it had appointed Scott J. Schuenke as chief financial officer replacing Peter Seidenberg.

Global Analytics Holding announced that they have gathered an additional US$30 million in debt financing from Crystal Financial LLC.

RoundTable Healthcare Partner stated that it had acquired Santa Cruz Nutritionals from Levine Leichtman Capital Partners.

Richard Baker, CEO for Hudson's Bay, said that he is doubling his efforts for the Saks Inc bid.

Summer Street Capital revealed that it had appointed Amy Standing as the firm's chief financial officer as current CFO, Ron Fleissner, retires.

Plains All American Pipeline affiliate, Plains GP Holdings LP, said that they plain to raise US$1 billion through an initial public offering.

Pearl Capital Partners announced the launch of their new fund worth around KES2.2 billion with the primary purpose of investing into small East African agricultural based businesses.

Isagen Energia Productiva, the Andean nation's third-largest electricity generator, is set to raise funding from an initial public offering.

Khosla Ventures brings up energy software specialist Bidgely's total funding to US$8 million with latest investment.