Central Pattana together with two of its shareholders undertakes share sale. Top Thailand department store operator Central Pattana Pcl together with two of its shareholders had raised a total of US$367 million in a share offer.
Exits
Sources: Bain Top Fund but Sale For Yankee Candle falls through
Bain Capital tops race for Yankee Candle but sale falls through. According to a report from Reuters, three people with knowledge of the matter disclosed that Bain Capital, LLC may appear to be the last survivor in the race for Yankee Candle Co, Inc.
Dixons to Sell Off PIXmania
Dixons Retail may either sell off or close PIXmania as a business. The second largest electrical goods retailer in Europe, Dixons Retail, said that it was interested in selling off its PIXmania e-commerce business.
EE owners France Telecom and Deutsche Telekom to do IPOs
EE joint owners France Telecom and Deutsche Telekom to undertake IPOs of shares. In an announcement, Deutsche Telekom AG said it has valued its joint venture with France Telecom, EE, at GBP10 billion or US$15.
Apple Losing its Luster with Hedge Funds
Apple Inc has been dumped by many investment fund management firms. Apple Inc, once the apple of the eye of many hedge funds has recently been dropped by some named hedge fund managers in the first quarter of 2013.
Latest News
ICTSI announces secondary stock offer to Philippine market. International Container Terminal Services Inc, a port operator based in the Philippines, announced that it was seeking to raise US$200 million through a secondary stock offering.
CVC Credit would list CVC Credit Partners European Opportunities Ltd in the London Stock Exchange. Private equity firm the CVC Group is planning to raise Eur300 million or US$389 million from investors through flotation of one of its credit funds.
China Galaxy Securities per share price range for its IPO narrowed down. China Galaxy Securities Co Ltd has announced the indicative price range for its US$1.
Commerzbank is selling off its property loans unit to Lone Star and Wells Fargo Bank. Commerzbank is in deep discussion to negotiation the divestment of the bulk of its Eur5.
CVC and Betfair conclude discussions after second offer is rejected by Betfair board. According Reuters, CVC Capital Partners and Betfair have concluded their discussion regarding a takeover after the private equity firm advised Betfair that it would no longer make a third revision on their offer for the gambling company.
Synalit Milk is now preparing for a possible IPO to fund its expansion plans in China. New Zealand dairy company Synlait Milk Ltd is planning to conduct an initial public offer of shares to fund its expansion plans into the booming infant formula market in China.
Vince Clothing prepares for fall IPO. According to two sources that has first-hand knowledge of the situation related to clothing company Vince, the company is nearing the completion of its preparations for an initial public offering.
Kleins plan to sell off 53.8 million common shares worth 2 billion reais through a public offer. The Klein family of Brazil has disclosed its plans to sell off nearly 33% of its capital holdings in Via Varejo SA.
Schaeffler terminates investment agreement with Continental AG. Continental AG of Germany said that its shareholder Schaeffler has sent a notice of termination for an investment agreement in force since August 2008.
