Exits
Markit Group Interviews Banks for IPO
According to sources, Markit Group has appointed Goldman Sachs as the lead coordinator for its proposed initial public offering.
French Cryogenic Maker, GTT for Sale
Total and Hellman & Friedman planned to sell 30% of their stakes in GTT, maker of cryogenic hull linings through an initial public offering.
Travellers International Hotel Group Postpones IPO
Due to current market conditions, the IPO for Travellers International Hotel Group has been postponed to a later date.
Club Med's board sells stake
Members of the board of Club Med have agreed to sell their stake on the company. (Photo : Reuters)The image is just another idyllic day at Club Med. The board of directors of Club Mediterranee accepted an offer from two shareholders to take over the company.
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Carrefour, the second largest retailer in Europe planned a sale on its China and Taiwan businesses. (Photo : Reuters)The image shows grocery carts from Carrefour.
On Monday, sources said that Apollo is in discussion with investment banks for the IPO of its gas and oil company, EP Energy LLC.
The world's biggest cement and concrete manufacturer is just around the corner of vending its North American gypsum unit to Lone Star for about $700 million, informants said.
Millennium had done four exits of companies it had invested in just for the first half of 2013. (Photo : Reuters)The image is the acquisition by Yahoo of Tumblr.
Pacific Equity Partners and Blum Capital Partners are selling off their shares in Xtralis. (Photo : Reuters)The image is the corporate logo of Xtralis.
GE has accepted the offer for TIP Trailer Services business from the China based HNA Group. (Photo : Reuters)The image is the GE logo atop its corporate headquarters.
Flagstar Bancorp Inc had agreed to pay $105 million to Assured Guaranty Ltd as settlement to a lawsuit against the bank for misrepresenting loan quality contained in $900 million of mortgage-backed securities.
Alpine Bau, the insolvent arm of Spain's construction group FCC, could break up with the failure of last-ditch talks to save the company.
Russia's biggest drug manufacturing company, OAO Pharmstandard (PHST), intends to sell its over-the-counter medicine business.
China's solar companies in Europe have considered the transfer of their factories overseas to avoid import taxes being imposed by the European Union.