Thailand's MK Restaurants Group planned to raise the second-biggest IPO in the country. MK Restaurants Group planned to raise an initial public offering that would be Thailand's second-biggest IPO offering this year.
Corporations
Canadian tech company decides to enter the US market via Boston
Desire2Learn Inc. decided to setup in Boston for its US operations. Desire2Learn Inc. decided to base its US operations in Boston. Desire2Learn Inc. is a Canadian company that assists schools and their teachers handle instructional material by using cloud data storage systems.
The UK Business Growth Fund has acquired minority stake in York Mailing
Business Growth Fund has achieved minority stake in York Mailing by investing GBP10 million into the company.
Abramovich invests EUR81 million in Truphone
ChelseaFC owner Abramovich bought a 23.5% stake in Truphone for EUR81 million. Roman Abramovich had attached himself with Independent News & Media as an investor of the cutting-edge telecommunications firm, Truphone.
Crown Castle announces related contractual terms for AT&T's acquisition of Leap Wireless
Crown Castle announced the contractual terms related to AT&T's acquisition of Leap Wireless. Crown Castle International Corp. announced contractual terms regarding leasing agreements, in light of recent AT&T acquisition of Leap Wireless International, Inc.
Latest News
EMC Corporation said it would acquire data storage developer ScaleIO for US$200 million. ScaleIO founders are expected to earn around US$60 million from a deal that will see the company being acquired by EMC Corporation.
VuQo Inc. announced that the expansion of their global licensing agreement with Playboy Enterprises.
Amcor announced the US$62 million acquisition of China's Jiangsu Shendra Group. Amcor announced the purchase of Jiangsu Shendra Group, a Chinese flexible packaging business, for US$62 million.
According to a report, Florida received up to US$17 billion in private equity funding in 2012 while Orlando got a mere US$310 million
GLG assumes loss due to fund manager's actions. Sibanthracite Plc pulled out its initial offering (IPO) causing losses for GLG Partners Inc. this was after its former fund manager Greg Coffey blew a bet with Sibanthracite.
Malaysian Ekuiti Nasional said it wants to expand Icon Offshore Bhd before it goes public. Ekuiti Nasional Bhd revealed plans to carry out one more regional financial commitment for its offshore supply vessel entity, Icon Offshore Bhd.
AlpInvest won its bid to purchase EUR800 million in private equity assets from HypoVereinsbank. AlpInvest Partners, a Dutch private equity investor, finished first in the race to acquire up to EUR800 million of private equity assets from HypoVereinsbank, according to three individuals with knowledge of the situation.
Russian investment bank, VTB Capital said that the increasing Chinese-Russian trade flows could well mean more mergers and acquisitions between the two countries.
Unitech has placed 3.6 million square feet of IT space up for sale. Unitech Corporate Parks have offered around 3. 6 million square feet of properties in India's Gurgaon IT Special Economic Zone to a number of private equity firms, said a person who has knowledge of the plans.
