Edwards Wildman to partner with Ismen Law Firm of Istanbul. The law firm of Edwards, Wildman and Palmer LLP, gladly unveiled to the public its plan to extend its office to Istanbul and work closely with Ismen Law Firm depending on the regulatory consent by the Istanbul Bar Association.
Sectors
Bayside Capital Invests in Consolis
Bayside Capital and LBO France invest in Consolis. In an announcement today by Bayside Capital, it disclosed that a venture fund administered by Bayside had concluded a venture in Consolis, a renowned European producer of assembled concrete products.
Larsen and Toubro to Sell Inflation Linked Bonds
Larsen and Toubro, following the lead of the Singh government, is selling inflation pegged bonds to the market.
Zoove Corp Secured US$15 Million from Current Investors
Zoove Corp secures another US$15 million from current investor pool. Zoove Corporation disclosed in an announcement that it was able to get a calculated investment of US$15 million from its current Series D investors Panorama Capital and Rogers Venture Partners.
Cipla Medpro Shareholders Approve Deal
A near unanimous vote of Cipla Medpro shareholders approved the tender offer by Cipla Ltd. Cipla Medpro of South Africa shareholders voted for the approval of US$488 million takeover bid from Cipla Ltd of India.
Latest News
Ghana, similar to its issue in 2007, is planning to sell Eurobond worth US$1 billion. Ghana is planning to issue a Eurobond worth up to US$1 billion in order to refinance its current debt and fund infrastructure projects, according to the country's Vice President.
OpenCoin receives funding and support from IDG Capital Partners and Google Ventures. OpenCoin disclosed that it concluded another circle of angel funding from renowned investors IDG Capital Partners and Google Ventures.
Anacap Financial Partners announced the transfer of Cabot Credit Management to JC Flowers. Europe-based private equity consultant on financial services , AnaCap Financial Partners LLP was delighted to announce the sale of Cabot Credit Management to J.
Acacia raises US$20 million from its financing round. In an announcement today from Acacia Communications, it disclosed that it concluded its financing round with US$20 million additional finances.
EFSF appoints BNP Paribas, JP Morgan and Deutsche Bank for unscheduled bond issue. The European Financial Stability Facility announced Wednesday that has appointed BNP Paribas, JP Morgan and Deutsche Bank as joint lead managers for a ten year Euro benchmark bond.
Suntech was able to obtain another deferment as to the loan obligations that would fall due on May 15.
General Lighting Co would be doing IPO at Saudi Arabian bourse. General Lighting Co is planning to sell off shares in the Saudi Arabian stock market. The company is a Saudi Arabian firm partly owned by the Carlyle Group and the sale would be the way that the private equity firm would be exiting its shareholdings in the firm.
Sony Corp share activity may be related to ThirdPoint's Daniel Loeb call for the firm's restructuring.
The latest Actavis bid for Mylan has been rejected. In its latest move, Actavis had rejected the takover bid from Mylan last week. The bid was priced at US$15 billion, according to Reuters quoting an anonymous source familiar with the decision.
