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.
Europe
Sika acquires JMTexsa and Texsa India Ltd
Sika acquires leading manufacturers of waterproofing membranes, JMTexsa and Texsa India Ltd. Sika acquired JMTexsa, S. A. de C. V. of Mexico and Texsa India Ltd.
Sources: GEA to target sale of private equity unit worth Eur1.3 billion
GEA would target private equity groups with its heat exchanger unit sale worth more than Eur1.3 billion.
Ipsen acquires Syntaxin
Ipsen announced the acquisition of UK-based private life sciences company, Syntaxin. Ipsen announced the acquisition of Syntaxin, a UK-based private life sciences company which specializes in botulinum toxin engineering.
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.
Latest News
Asian shoemaker Stella International Holdings Ltd announced that they plan to expand their own brand in Paris
Russian investment bank, VTB Capital said that the increasing Chinese-Russian trade flows could well mean more mergers and acquisitions between the two countries.
Alexion Pharmaceuticals Inc sought potential buyers however investors raised concerns about the valuation of the company.
Bookmakers and retailers celebrate its earnings due to the windfall for the anticipated first born of Prince Philip and Kate Middleton.
Raiffeisen Bank International explores cost-cutting measures to raise Eur 1.8 billion. Austria's Raiffeisen Bank International (RBI) is about to bite the bullet as it launches a cost-cutting program to raise Eur 1.
After interviews were held last week, Gulf Keystone's board of directors would advise the shareholders not to vote for the M&G nominees.
Ireland's low corporate income tax attracts US multinationals but the country's Department of Finance claim the policy aims to bolster local economy.
German DIY retail Praktiker may have filed for insolvency this week but plans to rehabilitate the company is brewing.
TRIMET issues a binding offer to purchase two companies owned by Rio Tinto Alcan. German aluminum producer TRIMET is interested to purchase St. Jean-de-Maurienne aluminum smelter and Castelsarrasin casting facility in France, which are both owned by Rio Tinto Alcan.
