Simply Business completed a management buyout from Brit Group. Simply Business announced the completion of a management buy-out from Brit Group, which held 37% stake in the firm.
Sectors
Nigerian Minister Aganga: “We want to build a new sector called venture capital”
Nigerian Minister Aganga said the government wanted to build a venture capital sector. "We want to build a new sector called Venture Capital and private equity sector to support small and growing businesses in Nigeria," said Olusegun Aganga.
Silver Oaks acquires Tranzonic through Babson Capital’s backing
Babson Capital backs Silver Oak to acquire cleaning and safety products distributor The Tranzonic Cos.
Diamond Resorts International to sell shares at US$14 each in IPO
Diamond Resorts International planned to sell shares at US$14 each in IPO. Diamond Resorts International, Inc. announced the price of the shares to be sold in its initial public offering.
TransMontaigne Partners prices IPO
TransMontaigne Partners announced the US$43.32 per unit pricing for their public offering. TransMontaigne Partners L. P. announced pricing of the company's underwritten public offering for 1,450,000 common units.
Latest News
Informa is divesting its interest in its five corporate training businesses in favor of Providence Equity Partners.
NeoStem Inc announced the pricing of US$16,500,000 IPO. NeoStem, Inc. announced the pricing of their underwritten public offering for 13,750,000 units priced at US$1.
Sheik Mansour's stake in Barclays was sold last month. Sheik Mansour bin Zayed al-Nahyan of Abu Dhabi sold his shares in Barclays. In a regulatory filing last month, the bank said that the Sheik's investment vehicle, PCP Gulf Invest 3, sold its 758.
Grano Retail Holdings, owner of the menswear brand Samuelsohn, announced that they have acquired assets of Hickey Freeman.
RTI Biologics acquired Pharos Capital's stake in Pioneer Surgical Technology Inc. in the amount of US $ 130 million.
The UK Government said that they are weighing all of their options for the Lloyds Banking Group deal.
Private equity companies Blackstone and MBK Partners are seeking for Singapore IPOs for the properties they individually own in Taiwan and India.
China's central bank announced interest rate reform. The central bank of China, the People's Bank of China (PBOC), announced that the floor on commercial banks' lending rates was removed.
Bill Foley acquired the majority stake in Touring & Tasting Marketing & Media. Bill Foley announced Friday his acquisition of a controlling stake in Touring & Tasting Marketing and Media.
