Keith Teare, the founder of just.me, told TechCrunch that he is interested in purchasing the assets of the mobile messaging platform which would be selling its five assets separately.
Debt
Telecom Italia aims to sell Italy, Brazil towers next year
Telecom Italia expects to conclude the sale and lease back of its mobile towers in Italy and Brazil next year, its chief executive said on Wednesday, along with a separate sale of some digital broadcasting assets.
Bumi Chairman says lender gives funding for Bakrie stake acquisition
Bumi Chairman Samin Tan confirmed to Bloomberg by email that a lender had given him approval to finance his acquisition of the stake held by the Bakrie Group in the Indonesia-based coal producer.
Nedbank Group plans to exercise option to purchase Ecobank Transnational Inc stake
Nedbank Group, headed by Chief Executive Officer Mike Brown, said it plans to use its option to acquire a stake in Togo-based Ecobank Transnational Inc valued at more than USD 500 million.
Singapore's CapitaMalls Asia takes over Guangzhou shopping mall for USD361 million
Singapore's CapitaMalls Asia Ltd. said it would buy a shopping mall located in Guangzhou, China for USD361 million. CapitaMalls Asia would purchase the said property from Chinese Greenland Real Estate.
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The state of Jefferson County, Alabama planned to sell sewer system securities worth USD 1.7 billion to pay off its debts to its creditors. Jefferson County is still under bankruptcy protection.
San Francisco-based mobile gaming powerhouse TinyCo landed USD20 million in a funding round from Pinnacle Ventures and Andreessen Horowitz, to be used for the development of its iOs and Android games.
Multinational hospitality company Hilton Worldwide was expected to begin marketing a USD3.5 billion collateralized mortgage-backed security this week. This is the biggest CMBS offering since the global crisis.
Swiss private equity firm Partners Group AG raised USD800 million for its leveraged debt fund. The company expects the fund to yield more quickly as it anticipates a ramp-up in investments next year.
Ugandan energy company Umeme Ltd. obtained USD190 million in funding from the International Finance Corporation, Standard Chartered Bank and Stanbic bank. The long-term loan would be used for the company's capital investment program.
Brand Energy & Infrastructures Services Inc. proposed terms on a debt backing its leveraged buyout by Clayton, Dubilier & Rice. Western Refining, on the other hand, sought a loan for its Northern Tier acquisition.
The Carlyle Group announced the closure of the latest collateralized loan obligation, which is the company's way of investing into the market through global market strategies and solutions, real assets and corporate private equity.
KKR provides INR250 crore on top of the previous INR400 crore already given by the buyout firm for the payment of promoter's debts and expansion of business of Sanmar Group.
Hedge funds are now entering the municipal debt market, finding a veritable gold mine in value but may provide more problems in the long run as to the temporary nature of the investments.
