Solis Capital announced that it had sold a majority stake in Tigers to GeoPost S.A. Solis Capital Partners LLC, a Newport Beach-based private equity group, revealed that it had sold its majority interest in Tigers Ltd to GeoPost S.
Exits
UKAR sells Northern Rock portfolio for GBP400 million
UKAR announced the sale of a Northern Rock portfolio to JC Flowers and Marlin Financial. UK Asset Resolution (UKAR), also known as Britain's 'bad bank', announced that they have agreed to the sale of a Northern Rock portfolio.
CBA plans to exit real estate business
The Commonwealth Bank of Australia announced plans to exit the real estate business. Commonwealth Bank of Australia (CBA) said that they are in the process of seeking an avenue to leave its property management business.
Aramark Corp selects its IPO bankers
Sources have revealed that Aramark Corp is one step closer to an IPO with the company selecting banks to help it with the offer.
Mediterranean Investments Holding Plc to sell stakes to fund Libyan project
Mediterranean Investments Holding Plc announced that it is considering a London IPO to raise EUR100 million.
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Unidas announced plans for a public offering. Unidas, the Brazilian car rental company, announced plans for a public offering. The company said that they plan to use the funds from the public offering to finance potential acquisitions.
True Corp Pcl said that they plan to raise US$2.25 billion through a listing of an infrastructure fund.
Singapore's Lotte Shopping Co said that they are in the planning stages for a public offering for some of their shopping malls.
Milestone Capital stated that they would rather choose to offload their assets than to sell the firm.
Haniel & Cie GmbH hires JPMorgan to decide on sale of Celesio stake. Holding company Franz Haniel & Cie GmbH has acquired the services of JPMorgan Chase & Co.
Apposite sells portfolio firm ZONARE Medical to China-based Mindray Medical International Limited for US $101.7 million.
Carey Watermark gives up its 49% stake amounting to US $22.6 million in favor of its partner, Ensemble Hotel Partners.
Synovus Financial Corp launched their US$130 million public offering. Synovus Financial Corp. announced the commencement of the company's underwritten public offering.
Ardmore Shipping Limited announced that the previously announced public offering for common shares has started.
