Del Monte invested US$13 million in a banana plantation in Maguindanao province, according to recent reports.
Leveraged Buyouts
EZE Trucking with Atlantic Street Capital buys Rig Runners
EZE Trucking, with the backing of Atlantic Street Capital, acquired Rig Runners. EZE Trucking together with Atlantic Street Capital, a private equity firm, announced they have acquired Rig Runners.
Jones Lang LaSalle to acquire Kansas City realty firm
Jones Lang LaSalle stated it wanted to acquire Capital Realty in an effort to expand its industrial market presence in the Kansas metropolitan area.
Newsweek sold to IBTimes
Newsweek, after announcing it would end its print edition, was sold to online news giant IB Times for an undisclosed amount.
IBT Media acquires Newsweek
IBT Media ends weeks of speculation as it acquired Newsweek under undisclosed financial terms. In an announcement, IBT Media confirmed that it had reached a deal that acquires Newsweek from IAC/InterActiveCorp.
Latest News
Hasting Funds Management bought the entirety of Carmel Capital, including its subsidiary Phoenix Natural Gas.
AXA Private Equity, NTT Communications, and Arkadin International have agreed on NTT Communications' acquisition of a majority stake in Arkadin.
EMIS Group announced that it had acquired Digital Healthcare Limited for GBP3.1 million. The EMIS Group's board of directors announced it had acquired Digital Healthcare Limited.
Northstar Group announced it had bought ERA Realty Network for US$100 million. Northstar Group, an Indonesian private equity firm, revealed it had obtained ERA Realty Network for over US$100 million.
A group of investors led by Alan Hughes stated that they are prepared to purchase 315 bank branches for GBP1 billion from the Royal Bank of Scotland.
HealthCare Global and DM Healthcare revealed that they have offered separate bids for the Actis owned Sterling Hospitals.
Marubeni stated that their latest deal into the renewable energy industry was to acquire a 25% stake in Mainstream.
The sale of 92% of Bulgarian pension fund Doverie is now being flagged for the lack of documentation and information.
John Henry, owner of the Boston Red Sox, has purchased another Boston icon, the Boston Globe. The principal owner of the fabled Boston Red Sox, business tycoon John Henry, had entered into an agreement to purchase The Boston Globe for the price tag of US$70 million.
