AEA Investors LP signed an agreement to buy Siemens Water Technologies for EUR640 million. AEA Investors LP agreed to a EUR640 million acquisition deal with Siemens Water Technologies.
Finance/Venture
Buyout firms to target European retailers to capitalize on low interest rates- Moody's Investors Service
According to Moody's Investors Service, buyout firms would be targeting European retailers to take advantage of low funding costs.
McGladrey signs acquisition deal with Margolis, Phipps & Wright
McGladrey LLP entered into an acquisition deal with financial firm Margolis, Phipps & Wright PC. McGladrey LLP signed an acquisition deal with Margolis, Phipps & Wright PC.
Two Chinese banks do IPO in Hong Kong bourse
Hong Kong bourse recently listed Huishang Bank and Bank of Chongqing. A record HKD9. 21 billion or USD1. 19 billion was raised from its Hong Kong IPO for Huishang Bank after it had fixed the price slightly above the lowest rung in its price range at HKD3.
KKR and Kuwait Foreign Petroleum Co join to bid for RWE's unit DWE
A partnership was forged between KKR and KUFPEC to bid for the oil and gas subsidiary of DWE, DEA RWEDE.
Latest News
Icon Venture Partners I was an oversubscribed investment fund for the purpose of investments in companies in key enterprise technology sectors.
Bain Capital Ventures, Battery Ventures and Summit Partners contribute a total of USD30 million in the latest funding round of Gainsight.
METRIX Capital Group closed its latest funding round at USD5 million in pledged amounts for its alternative loan program.
In one of highest volumes of corporate debt issuances on record, Sanofi and LVMH issue bonds yielding above prevailing rates.
Regulatory authorities are reviewing the capital buffers ING Groep NV for real estate financial loans prior to ECB testing to be conducted.
An internal inquiry is to be conducted by Lloyds Banking Group as to its foreign currency trading operations after being advised by the Financial Conduct Authority to review its processes and report irregularities.
Paul Singer's Elliott Management Corp increased its shareholdings in German drug distribution firm Celesio AG.
The Icon Technology Partners fund raised USD100 million to invest in early-stage business software startups.
The companies comprising the Kirch conglomerate testified the bank had assisted in the demise of the firm.
