Exits
State Bank of India to raise international investments valued USD750 million
State Bank of India has announced raising USD750 million to USD1 billion worth of overseas investments through bond sales, reported ET.
Germany's E.ON hires Citi to advise on asset sale
Germany's E.ON hired Citi to advise a sale of its assets in Spain, said sources familiar with the matter who told Reuters.
Brookstone Inc. files Chapter 11 bankruptcy protection
Brookstone Inc. filed with US regulators in Delaware Chapter 11 bankruptcy protection to be able to push through a deal with Spencer Spirit Holdings Inc.
Liberty Media sells stake in Barnes & Noble
Liberty Media announced selling a controlling stake in Barnes & Noble without disclosing the price and the potential bidders for the transaction, said a Reuters report.
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Finance Minister George Osborne made it clear that the government did not interfere with the sale of Lloyds branches to Co-op Bank, reported Reuters.
Canoe Financial LP (the "Manager" or "Canoe") announced today that it has completed the second and final closing for the initial public offering (the "Offering") of limited partnership units ("Units") of Canoe 2014 Flow-Through LP (the "Partnership") in each of the provinces of Canada, except Quebec.
Sun Capital Partners has exited Certified Power when its affiliate sold the fluid power and power train solutions provider to Brinkmere Capital Partners. Financial details were not disclosed.
Non-profit health agency Muscular Dystrophy Association (MDA) sold its former headquarters along Sunrise Drive in Tucson to Larsen Baker LLC in a deal valued at $9.1 million.
Mumbai, India-based financial services firm Financial Technologies (FTIL) will sell its commodity handling unit National Bulk Handling Corp (NBHC) for INR242 crore as the company goes through an investigation related to fraud allegations.
A 12-square-meter shop located at the center of Causeway Bay in Hong Kong sold for over $23 million (A$25.56 million), surpassing the previous record of the most expensive retail store sold.
Pineridge Bakery is being sold by its private equity owner Swander Pace Capital to Swiss food firm ARYZTA AG for $340 million, a statement about the deal said.
LA Fitness Group will be selling 33 of its 80 gyms in the UK and Ireland as part of debt-reduction strategy. It had also signed company voluntary arrangements to help reduce its rent, Bloomberg reported.
Classified Ventures is now exploring a potential sale of Cars.com and is already working with Moelis & Co on the matter, a source interviewed by Bloomberg said.
Google Ventures took out the $100,000 backing it gave to Bustle, a woman-focused publication, after the investor found that they did not anymore share the same values with its founder, TechCrunch reported citing sources.