Hochtief AG is expecting to sell off its airport assets for Eur1.2 billion. ACS Global of Spain's subsidiary Hochtief AG has received offers for its airport unit according to a report Monday from Reuters.
Europe
Cathedral Capital Up for Sale
Cathedral Capital offered for sale by Lloyd's of London. According to reports, Lloyd's of London insurer Cathedral Capital is up on the auction block.
21st Century Fox and News Corp Names Emerge from Split Murdoch Empire
The entertainment division would carry the name 21st Century Fox and the publishing division would retain the News Corp name when Rupert Murdoch's empire would be split by the end of the year.
Haltermann has acquired Petrochem Carless Holdings
Haltermann, HIG Europe's unit, has acquired PCL for a new firm. The European arm of private equity firm HIG Capital, HIG Europe, has announced that one of its portfolio companies, Haltermann Holding GmbH had acquired Petrochem Carless Holdings Ltd.
Atlantia's merger with Geminia creates savings
The merger created the largest European infrastructure group and the biggest savings on record for the companies.
Latest News
The fourth batch of BTP Italia Retail Bonds raised Eur9 billion and was ended two days ahead of schedule.
Dysis Medical closes latest funding round at US$11 million. DySiS Medical Ltd was able to complete GBP7. 4 Million or US$11 million on a round of capital infusion.
The German consumers giant Henkel has a fund for new acquisitions. Henkel, the German consumer goods giant, has a fund worth between Eur3. 5 billion and 4 billion or US$4.
Rosneft, through two fronts would purchase 21% shareholdings in oil refiner Saras. The largest oil producer in Russia, Rosneft has agreed to purchase up to 21% shareholdings in Italian refining company Saras.
Liberty Global's acquisition of Virgin Media granted unconditional EU approval. Last Monday, John Malone's US cable giant Liberty Global has received unconditional European Union regulatory apprival for the takeover of Virgin Media.
IPO is the way for growth for Pegasus Airlines, the Turkish budget air carrier. Pegasus Airlines, the low cost air carrier of Turkey, is offering for sale 34.
Betfair is entertaining bids and according to its former CEO, has lost its way. Betfair, the online gambling company, is now the object of a takeover bid from CVC Capital Partners.
Clariant, in compliance with US regulators requirements, would be purchasing deep sea assets of the Gulf of Mexico owned by Ecolab.
Creditors of the European arm of Lehman Brothers, which collapsed in 2009, may be repaid in full.
