Several private equity firms are making investments in wineries. Several private equity firms are making investment in wineries. These investments seemed to contradict these investors' expectation of a swift return.
Sectors
Mitsui & Co wants Thailand to become their Asean base
Mitsui CEO stated they plan to invest more in Thailand making it their base for Asean operations Mitsui & Co Ltd is returning to Thailand to invest in the country with a vow to work with its Thai partners Siam Cement Group and PTT Plc to make investments overseas in joint ventures when opportunities arise.
Sika acquires JMTexsa and Texsa India Ltd
Sika acquires leading manufacturers of waterproofing membranes, JMTexsa and Texsa India Ltd. Sika acquired JMTexsa, S. A. de C. V. of Mexico and Texsa India Ltd.
Actis to acquire 25% stake in Symbiotec Pharmalab
Actis planned to acquire 25% stake in Symbiotec Pharmalab. Actis, a private equity firm based in London, was looking to acquire a stake in Symbiotec Pharmalab.
Sources: GEA to target sale of private equity unit worth Eur1.3 billion
GEA would target private equity groups with its heat exchanger unit sale worth more than Eur1.3 billion.
Latest News
Desire2Learn Inc. decided to setup in Boston for its US operations. Desire2Learn Inc. decided to base its US operations in Boston. Desire2Learn Inc. is a Canadian company that assists schools and their teachers handle instructional material by using cloud data storage systems.
Business Growth Fund has achieved minority stake in York Mailing by investing GBP10 million into the company.
ChelseaFC owner Abramovich bought a 23.5% stake in Truphone for EUR81 million. Roman Abramovich had attached himself with Independent News & Media as an investor of the cutting-edge telecommunications firm, Truphone.
Greece's bank rescue fund approved of Eurobank to acquire the New Hellenic Postbank. Greece's bank rescue fund approved of Eurobank's acquisition of the New Hellenic Postbank.
Crown Castle announced the contractual terms related to AT&T's acquisition of Leap Wireless. Crown Castle International Corp. announced contractual terms regarding leasing agreements, in light of recent AT&T acquisition of Leap Wireless International, Inc.
The San Francisco International Airport announced plans to sell US$483 million worth of bonds. The San Francisco International Airport announced plans to sell US$483 million worth of bonds.
Canadian REITs, led by Choice Properties, helped IPOs rise above SPTSX this year. Canadian real estate investment trusts (REITs) helped initial public offerings in the country to rise above the benchmark index.
Thailand's MK Restaurants Group planned to raise the second-biggest IPO in the country. MK Restaurants Group planned to raise an initial public offering that would be Thailand's second-biggest IPO offering this year.
EMC Corporation said it would acquire data storage developer ScaleIO for US$200 million. ScaleIO founders are expected to earn around US$60 million from a deal that will see the company being acquired by EMC Corporation.
