HomeAway entered Asia-Pacific via Travelmob acquisition. HomeAway has acquired a majority stake of 63% Travelmob, a Singapore-based startup. This acquisition allowed the vacation rental site to enter the Asia-Pacific region and compete directly with Airbnb.
Leveraged Buyouts
Blackstone Group acquires India's Agile Electric Works
Blackstone Group placed more investments in India by acquiring Indian auto parts maker Agile Electric Works.
Deals of the day -- bids, mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by on Wednesday. The following bids, mergers, acquisitions and disposals were reported by on Wednesday.
Bluenose Gold Corp acquires Zenyatta West Graphite Project
Bluenose Gold Corp announced the acquisition of the Zenyatta West Graphite Project. Bluenose Gold Corp. announced that they have agreed to acquire a 100% interest in the 16 mineral claims dubbed as the "Zenyatta West Graphite Project".
Kings Park Capital sells IHS stake to US investment fund
Battery Ventures, a US-based firm, acquired IHS GmBH from Kings Park Capital but details about the transaction were not disclosed.
Latest News
Severn Trent Plc spent GBP19 million for counselling, legal and related costs in its buyout approach.
Loyalist Group Limited announced the US$8 million acquisition of MTI Community College Inc. Loyalist Group Limited announced the acquisition of MTI Community College Inc.
Infinity Resources Holdings Corp acquires the remaining 50% shares of Quest Resource Management Group for its subsidiary, Earth911 Inc.
Beijing Enterprises Water Group Ltd. would purchase Standard Water Ltd.'s two project units for CNY1.35 billion as it expands further in China.
Minco acquired Buchans Minerals. Minco, a mining company, announced the completion of its acquisition of Buchans Minerals. The acquisition was first announced last April 30.
Coal India considered 3 Australian acquisitions. According to a source who was familiar with the matter, "Coal India is examining three proposals from Australia.
Global plastics M&A activity fell in first half of 2013. According to P&M Corporate Finance, there was nearly a quarter drop in mergers and acquisitions activity in the global plastics sector in the first half of 2013.
EnServe Group confirmed it has sold Inenco Group, its Energy division, to Vitruvian Partners in a bid to reduce its bank debt and to invest in its remaining divisions.
Wells Fargo & Company stated that it has bought US$6.05 billion worth of commercial real estate in London from Hypothekenbank Frankfurt.
