Private equity firms Bridgepoint and EQT express interest in purchasing refrigeration equipment company AHT Cooling.
Sectors
CRH Plc to acquire Sree JayaJothi Cements
Sources stated that CRH Plc could be acquiring the cement arm of Shriram Group. Sources have said that CRH Plc, an Ireland-headquartered cement manufacturer, wanted to acquire Sree JayaJothi Cements.
Brookfield announces that it has raised over US$14 billion in its latest initiative
Brookfield Asset Management stated that various international investors of one of their initiatives have now committed over US$14 billion.
TwinFocus establishes Private Equity unit
TwinFocus stated that it had established a Private Equity unit and brought in Orlando Mendoza to lead the newly formed unit.
Investel to buy Coastline Broadcasting
Investel Capital agreed to purchase British Columbia-based Coastline Broadcasting. Investel Capital Corp. , an investment fund with offices in Toronto and Vancouver, agreed to purchase British Columbia-based cable television provider Coastline Broadcasting of Black Creek for an unspecified amount.
Latest News
Richman Group closed a total of USD 291 million of tax credit funds. Richman Group Affordable Housing Corp, a top equity fund sponsor for housing, closed a USD 166 million fund that includes a portfolio of properties scattered in 18 states and USD 125 million fund in New York, bringing up the total to USD 291 million.
Telefonica's merger with German KPN unit has posed a dilemma to the European Commission. Telefonica SA (TEF) and Royal KPN NV are testing European regulatory stipulations with their upcoming merger of mobile-phone units in Germany.
NatureBox Inc received USD 8.5 billion from investors Softbank Capital and General Catalyst Partners.
Vivendi SA is in talks with Emirates Telecommunications concerning its 53 percent stake in Maroc Telecom.
Snow leopards are being threatened by global cashmere demand. In the last two decades, the demand for cashmere almost tripled. UK was one of the top importer of cashmere, which was a multi-million dollar industry.
Messaging service provider Hall received USD 5.5 million from new and existing investors in series A funding.
Raising a prince was basically like raising ordinary children, except much expensive. The Duchess of Cambridge finally gave birth to a son, the prince of Cambridge, who was third in line to the throne.
Investors have now raised their longer-dated Treasuries after Bernanke appeased their worries. After Federal Reserve Chairman Ben Bernanke appeased worries about increasing interest rates, investors have now raised their holdings of long-dated Treasuries.
The Bank of Cyprus is thinking of restructuring its operations into retail and asset management. The Bank of Cyprus is considering the possibility of splitting its operations as part of its restructuring scheme.
