China Merchants Bank Co. announced that it had raised USD27.5 billion listed on the Shanghai Stock Exchange.
Exits
Surgical Care Affiliates files for US IPO to raise USD 100 million
TPG Capital-backed Surgical Care Affiliates filed for a USD 100 million US IPO. A regulatory filing revealed that Surgical Care Affiliates Inc filed for an initial public offering (IPO) in the US.
La Caixa sells majority share of property unit to TPG-source
A source told Reuters that La Caixa would be selling 51% of its stake in Servihabitat, a real estate firm, to TPG.
Dixons Retail pays EUR 69 million to German firm to exit PIXmania
Dixons said it would pay EUR 69 million to mutares AG for the latter's acquisition of PIXmania.
Indonesia plans to ease up on divestment rules on foreign miners
Indonesia said it planned to relax the rule that forced foreign mining firms operating in the country to own no more than 49% of their stake in the mines within ten years after production has started.
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Bridgepoint Advisers Ltd. announced it hired Goldman Sachs for the sale of its Dutch textbook firm asset.
Panasonic President announced the firm's withdrawal from the Japanese smartphone market as well as the reduction of its smartphone operations.
The Chief Executive Officer of Italian fashion brand Salvatore Ferragamo saw no reason to sell, quelling speculations of a possible buyout.
News Corp. sold 33 local newspapers of its newspaper portfolio to Fortress Investment Group LLC. An Associated Press report said that News Corp. sold 33 smaller publications of its newspaper portfolio to Fortress Investment Group LLC for an undisclosed amount.
South Korean budget carrier Jeju Air Inc said it would consider conducting an IPO to increase the number of its airplanes and meet the growing demand for air travel in the Asia-Pacific.
Affin Holdings Bhd (AHB) was picked over its biggest competitor, AMMB Holdings Bhd (AMMB), to start talks in purchasing most of Hwang-DBS Malaysia Bhd's investment banking assets.
Yucaipa Cos. and billionaire Ron Burkle filed a letter to Morgans Hotel Group Co. Chairman Jason Kalisman demanding the sale of the New York-based hotelier.
News Corp announced that it had sold Dow Jones Local Media to a unit of Fortress Investment Group without disclosing the terms of the deal.
Billionaire investor Carl Icahn and his entities announced cutting their stake by almost half in Hain Celestial Group through stock sale.
