Graña y Montero revealed that it had raised up to US$413 million in their IPO. Graña y Montero, the biggest construction and engineering firm in Peru, announced that it had raised around US$413 million in its market debut on the New York Stock Exchange.
Consumer Electronics
DLF sells stake on insurance company to Dewan Housing
India's DLF sells its shares in DLF Pramerica Life Insurance Company to Dewan Housing Finance Corp.
Bunge second-quarter earnings drop by half vis-à-vis year-earlier figures
Bunge Ltd. suffered a 50% drop in its second-quarter earnings compared to last year's figures.
Nestle rival Super Group Ltd seeks first acquisition
Super Group Ltd. announced plans to make first acquisition in ten years. Singapore's leading instant-coffee maker, Super Group Ltd. , said that they are seeking to make their first acquisition in a decade.
Axel Springer sells its regional newspapers, magazines and program guides for US$1.22 B
German publisher, Axel Springer, said that they will sell their magazines, regional newspaper and program guides to Funke Mediengruppe for EUR900 million.
Latest News
Sources said that Kelso has tapped banks in a bid to sell PSAV Presentation Services. Sources said that Kelso & Company has appointed Macquarie Group and Barclays to search for a buyer for PSAV Presentation Services.
Sobeys, and its parent company Empire, have announced that Sobeys is selling 68 properties to Crombie REIT for a little less than US$1 billion.
The Evergreen Group announced that they have acquired the Backyard Sports franchise from the video game company, Atari.
Sources said that Blackstone and Apollo are among the private equity firms that are interested in buying Spanish banks' troubled real estate business units.
Shriram Properties confirmed that it is planning to raise INR450 crore from private equity funds for an expansion project around South Asia.
Houghton Mifflin Harcourt rises from bankruptcy woes and is now set to file IPO Houghton Mifflin Harcourt announced that they are on the verge of filing for an initial public offering for shares in their company.
E-commerce company Zulily hires banks for possible initial public offering. Flash sales company Zulily hired investment banks as advisors for a possible inital public offering, according to sources with knowledge on the matter.
Yankee Candle decides to pursue IPO after an unsuccessful attempt at a private sale. Yankee Candle Co, Madison Dearborn Partners' scented-candle maker unit, decided to forego attempts at a private sale, opting for an initial public offering.
HanesBrands Inc said that they will purchase Maidenform Brands Inc for US$575 million. HanesBrands Inc. announced that they have agreed to buy Maidenform Brands Inc.
