Rockwood Holdings Inc. sells its Clay-Based Additives to ALTANA for US $635 million. Rockwood Holdings Inc. agreed to part with its Clay-Based Additives operations in favor of the ALTANA Group for US $635 million.
Exits
Agios Pharmaceuticals concludes initial public offering of 6.7 mln shares
Cancer metabolism specialist Agios Pharmaceuticals closes its initial public offering on Monday. Agios Pharmaceuticals Inc. announced the conclusion of its initial public offering (IPO) of 6,772,221 shares of the company's common stock at a final offering price of US$18 per share.
Abraaj Group sells stake in insurer’s service firm to Malaysian state-investment fund
Abraaj Group sells its 50% stake in health insurance provider Acıbadem Sağlık ve Hayat Sigorta. The Abraaj Group on Monday announced that it is selling its stake in Acıbadem Sağlık ve Hayat Sigorta A.
LDC Finance to pay back US$4.9 million to secured investors
Secured investors of failed New Zealand-based company LDC Finance will be getting their money back plus interest following the settlement reached with Finance & Investments Partnership.
OzForex hires Goldman Sachs, Macquarie for AUD$500 million IPO
Carlyle Group-backed OzForex is set to pursue AUD$500 million initial public offering for 2013. Global payments provider OzForex acquired the services of Goldman Sachs Group Inc.
Latest News
PPG announced last Monday that it has agreed to sell all of its controlling stake worth US$1.73 billion in Transitions Optical.
Economic slowdown, volatility and a weakened currency have made it difficult for India's PE investors to make an exit.
America Movil' Carlos Slim was entitled to end the company's shareholdings in the Dutch telecoms firm KPN and was said to look into purchasing the company as a whole.
As JPMorgan Chase & Co. prepared its physical commodities trading exit, the "Wall Street Refiners" were set to be in the spotlight.
CGNPC announced that they are preparing to offer a dual initial public offering for 2014. China Guangdong Nuclear Power Plant (CGNPC) announced plans to launch a dual initial public offering in Hong Kong and Shanghai in the coming year.
Rio Tinto revealed that it sold 80% of the Northparkes copper-gold mine to China Molybdenum for US$820 million.
Perusa revealed that it sold its 85% stake in Kamman Maschinenbau to KBA. Perusa, a German private equity group, had exited its position in Kammann Maschinenbau.
Centric Wealth confirmed that its majority stakeholder, Champ Private Equity, intended to sell the company for around US$200 million.
Altana AG' Cinven Ltd acquired CeremTech from Rockwood for US$635 million. Rockwood Holding Inc announced that they are set to sell CeremTech to Altana AG's Cinven Ltd.
