Bencis Capital Partners revealed that it is buying Punch Graphics' majority stake in Xeikon for about EUR110.3 million
Sectors
WP Carey to expand its property holding through acquisition of CPA 16
WP Carey announced that they are set to acquire Corporate Property Associates 16-Global Inc. W. P Carey Inc. said that they have agreed to acquire one of the companies that they manage as part of the expansion of its property holdings.
Sovereign wealth fund from Saudi Arabia along with Korean firm to establish venture firm in West Africa
The Islamic Corporation for the Development of the Private Sector and Kolon Group from South Korea has signed an agreement to invest in a pharmaceutical plant in Côte d'Ivoire.
CBS set to buyback US$5.1 billion worth of stocks
Media leader, CBS Corp, said that they are set to buyback US$5.1 billion worth of shares CBS Corp announced that that its board of directors approved the repurchase of US$5.
KKR Group may have to salvage US$48 billion TXU investment with junior bonds
KKR & Co. and TPG may have to rely on US$1.48 billion junior bonds to offset failing TXU investment.
Latest News
Librato concludes Series A funding round with US$3.8 million. San Francisco-based Librato, which provides cloud-based monitoring services for operations and development units, reported a US$3.
Alco Store and Argonne Capital Group revealed that the private equity firm have offered to acquire the retail chain company for US$47 million.
Rapid Pathogen Screening revealed that it had collected US$6.25 million from Mallitz Investment Group.
Distressed debt investor, Oaktree Capital Group said that they hired Goldman Sachs Group to look for a buyer for Tekni-Plex.
Nakumatt Holdings announced that they are in talks with foreign equity investors. Nakumatt Holdings Ltd announced that they are in talks to sell close to 25% of its shares to investors abroad.
Generac Holdings purchases Tower Light in line with global expansion goals. Generator manufacturer Generac Holdings Inc. announced the finalization of a purchase deal with Ambienta I for the acquisition of Tower Light Srl and its wholly-owned subsidiaries earlier today.
Publisher Axel Springer signs a deal with Funke for printed media following announcement to go completely digital.
United Petroleum announced that they are considering offers for possible acquisition or joint venture deals.
Statoil ASA announced a profit decline for the second quarter of 2013. Norwegian energy company Statoil ASA experienced an unexpected drop in profit in the second quarter, a backlash of the declining gas and oil production and prices.
