SM Investment Corporation shares experience an all time low since discounted share sale. SM Investment Corp's shares slid noticeably for the first time in six weeks after the equity trading that sold US$150 million worth of shares that were offered at a discount.
Exits
Ageas to give back EUR200 million to company investors via share buyback
Ageas SA announced that the company will return EUR200 million to shareholders and investors. Ageas SA announced that they will return an additional EUR200 million euros or US$264 million to its investors through a buyback deal.
Lloyds Banking Group prepares for Australian exit
Sources told Reuters that Lloyd's Banking group is planning its exit from the Australian market.
Cerberus completes its exit from Aozora Bank
Cerberus stated that it had sold their entire remaining stake in Aozora Bank, completely exiting their stake from the bank.
Hastings to buy Phoenix Energy
A source said that Hasting's Utilities Trust of Australia was nearing an agreement to purchase Phoenix Energy from Terra Firma Capital Partners
Latest News
FCA Venture Partners revealed that they had sealed a US$53 million fund. FCA Venture Partners announced that it had just closed a US$53 million fund. The capital they have raised would be used to fill a funding gap that exists between angel and later-stage investment periods.
HootSuite financiers revealed that Blumberg Capital had earned up to 520% from their initial investment in HootSuite.
Fortress Investment Group said that they are pushing Blackstone Group LP to sell and exit investments.
Apollo Global-backed Sprouts Farmers gained more funds that it has originally sought after in its initial public offering.
Sony Corp's board has engaged in deep talks with Daniel Loeb after boosting its full-year revenue ending March 31.
Today, KKR & Co LP announced raising USD305 million excluding underwriters' option, from its first listed closed-end fund, KKR Income Opportunities listed on the New York Stock Exchange.
American International Group Inc is looking to pursue an IPO for its subsidiary unit after the sale to a Chinese group stalled.
Goldman Sachs Group Inc. recommended India to reduce stock holdings after its recorded investors exit in July, resulting to a cut on India's shares rating.
Trimax IT Infrastructure & Services Ltd announced that it had filed its official IPO documents with the Securities and Exchange Board of India.
