Investors in CSPC Pharmaceutical Group Inc have offered shares for sale in order to raise funds. The affiliates of Hony Capital Ltd have sought to raise USD260 million through the sale of shares in CSPC Pharmaceutical Group Ltd.
Sectors
Fosun agrees to build a holiday resort on Hainan Island
Fosun International partnered with Kerzner for a hotel project worth nearly CNY 10 billion on China's Hainan Island.
Level receives USD 5 million in Series A funds from various investors
Mobile financial solutions provider Level initially closed its Series A funding round with USD 5 million.
CalCEF Clean Energy Angel Fund exits from Allopartis Biotechnologies
CalCEF Clean Energy Angel Fund sold Allopartis Biotechnologies to Novozymes. CaICEF Clean Energy Angel Fund I exited from its portfolio company Alloparties Biotechnologies Inc.
JPMorgan clients, other private equity investors take measures amid possible US default
Clients of private banks and private equity firms had taken steps to ensure themselves just in case the government shutdown would result to a US default.
Latest News
Peabody Energy Corp had finalized an agreement for bankrupt Peabody retiree health care benefits. CORRECTION: Removes reference that Patriot Coal is a subsidiary of Peabody Energy.
Regency Energy Partners LP would be acquiring PVR Partners LP in a USD3.88 billion stock and cash deal to expand to the natural gas market.
In a move set to gain further foothold in the Chinese financial services sector, Alipay's parent company purchases asset manager.
Crestwood Midstream Partners bought Arrow Midstream Holdings for USD 750 million to expand its pipeline business in the North Dakota.
Chief executive Fabrizio Viola of Banca Monte dei Paschi di Siena SpA had told reporters on Thursday that the bank would be increasing its capital via shareholder options.
Cable operator Numericable would be betting on its new fiber technology to attract investors before its planned IPO.
Chief Operating Officer Holger Beeck would be taking over from Bane Knezevic as the chief executive of the German division of McDonald's Corp.
In a meeting with analysts, HP CEO Meg Whitman said she is confident of the firm's direction with an expectation that revenues would stabilize in the long run.
Former Vinik Asset Management colleague opens Kopernik Global Investors through seed capital from former boss Jeffrey Vinik.
