Private investors acquire Bennett Tool and Die Co. A conglomerate of private equity funds acquired Bennett Tool and Die Co. , Inc. The conglomerate was comprised of private investors like InvestAsia, Jefferson Capital Partners, Capital for Business and Kansas Venture Capital.
Sectors
CBRE Reports Growth in 1Q of 2013
CBRE announced a 12% profit realized from increased revenues from global property sales demand surge.
US investments in Overseas Real Property on the Upswing
Recent research indicate US investors are again looking to snap up real estate ventures and investments located overseas.
SEC Chair Caught Between Rock and Hard Place
SEC Chair Jo White is caught between a promise made during her confirmation hearings and the ire of consumer advocates she has sworn to protect.
Inflows Surprise Many Despite Gold Price Tumble
Analysts and traders saw great fund inflows despite tumbling prices of gold and other commodities. Despite record losses for gold and other precious metals, many hedge funds and speculators continued to pour money into these investments.
Latest News
Greenbriar Equity provides deadlines for shares of stock purchase bids. Greenbriar Equity Group disclosed through an announcement released today that the subsidiary corporation of GB Aero Engine LLC and a partner of Briar, GB Aero Engine Merger will give interested acquirers of EDAC Technology's outstanding shares of common stock until 5:00pm EDT of May 6, 2013 to finalize their offers.
Horizon Tech provides New Haven Pharma a US$2 million loan. It was announced today that New Haven Pharma was able to secure a US$2 million venture loan from Horizon Technology Finance.
Iconic Hostess Brands to return to the market after bankruptcy issues were resolved. Hostess Brands LLC disclosed plans to reopen its bakery in Kansas by summer.
Quintiles set for IPO worth an estimated at US$748.6 million. The largest service provider of testing services to pharmaceutical companies, Quintiles Transnational Holdings is expecting to price its shares between US$36 and US$40 for its public listing.
A judge of the New York State Supreme Court is set to decide on whether the buyout provision for opposing investors is legal in the Empire State REIT case.
Klovern AB issues new bonds pegged at three months STIBOR plus 4% due on 2017 with a volume of SEK 500 million.
Orkla Brands SA has purchased 90.11% shareholdings in Riber and Son ASA and is required to purchase all other outstanding shares.
Escrow.com and Artprice jointly develop processing of transactions for global online escrows in purchases using the system.
Major equity firms such as Carlyle, Pantheon and Victoria are setting up shop in Peru and Colombia. Three major private equity firms are opening up offices in the emerging markets of Peru and Colombia to ride the crest of deals that rate higher than the economic growth of Brazil.
