Hochtief AG is expecting to sell off its airport assets for Eur1.2 billion. ACS Global of Spain's subsidiary Hochtief AG has received offers for its airport unit according to a report Monday from Reuters.
Sectors
Reorganization Plan for AMR Corp Bankruptcy Exit Submitted
AMR Corp, the parent of American Airlines, is nearing bankruptcy exit and with that, merger of the two air carriers is near.
Wilmar Purchases Consumar Stake
Wilmar pays out US$263 million for 54% controlling stake in Consumar. The largest sugar cane miller in Australia, Wilmar International Ltd has purchased 27.
Bain's New Fund nearing Completion
Bain Capital LLC's Capital Fund XI is in the process of finalizing its subscriptions from investors.
Nestle Disallowed to use Pfizer baby food brands
The Mexican Federal Competition Commission has disallowed Pfizer from using Pfizer baby food brands for twenty years.
Latest News
In a statement, Canadian asset manager Gluskin Sheff + Associates have taken off the for sale sign for the meantime.
The fourth batch of BTP Italia Retail Bonds raised Eur9 billion and was ended two days ahead of schedule.
ABVCAP is discussing with government regulators on means to expand investment means for venture capital and private equities.
Powerwave Technologies gets a shot in the arm in the form of a credit facility from P-Wave Holdings, an affiliate of The Gores Group.
Dysis Medical closes latest funding round at US$11 million. DySiS Medical Ltd was able to complete GBP7. 4 Million or US$11 million on a round of capital infusion.
The German consumers giant Henkel has a fund for new acquisitions. Henkel, the German consumer goods giant, has a fund worth between Eur3. 5 billion and 4 billion or US$4.
Rosneft, through two fronts would purchase 21% shareholdings in oil refiner Saras. The largest oil producer in Russia, Rosneft has agreed to purchase up to 21% shareholdings in Italian refining company Saras.
AIS completes refinancing through investor help. DH Capital was pleased to announce that American Internet Services LLC (AIS) was able to obtain an amount of $43,500,000 refinancing of its senior credit facilities with the assistance of Fortress Investment Corp and Fortress Credit Corp.
KT Corp, citing many issues, has formally withdrawn from the bidding for Vivendi's shareholdings in Maroc Telecom.
