Industrials
American Homes 4 Rent raises US$705.9 million from public offering
B. Wayne Hughes, owner of REIT American Homes 4 Rent, said that they have raised an estimated US$705.9 million through the public offering of the company's shares.
Pershing Square acquires 9.8% stake in Air Products for US$2.2 billion
Pershing Square Capital shareholder William Ackman unveils the finalization of its purchase of Air Products & Chemicals.
synlab acquires 100% ownership of Medicap Holdings
synlab acquires Medicap Holdings from Baltcap but financial details of the transaction were not revealed.
Sweco acquires Vectura from Swedish Government
Sweco completes the acquisition of Vectura, making it the largest single company to offer engineering consultancy in Sweden.
Latest News
EADS said it will now be known as Airbus Group. EADS confirmed that it will undergo a name change. The European aircraft maker announced that it will now be called Airbus Group.
Honda Motor Corp expressed caution on investing in emerging markets as Japan sales fell by 24%. Although it saw a strong sales performance April-June in Asia, Honda Motor Co.
Bill Ackman's Pershing Square Capital Management LP announced that they are set to push the company's operations through a US$2 billion investment.
AWE Ltd are looking into possible potential partners for their Ande Ande Lumut development project. AWE Ltd announced that they are expecting bids from potential partners for the Ande Ande Lumut development project located in Indonesia.
Private equity firm, Blackstone Group announced that they are planning to acquire seven properties from GE Capital Real Estate worth AUD290 million.
America Homes 4 Rent have set prices for their impending public offering. American Homes 4 Rent said that they are targeting prices between US$16 to US$18 per share for the company's initial public offering.
OAO Uralkali's exit from a joint venture with a Belarusian miner is bound to transform the US$20 billion potash market.
Private equity firm Blackstone Group LP announced that they are planning to work with Deutsche Bank AG regarding rental home bonds.
Spanish industrial engineering company, Technicas Reunidas SA announced that they are in the final stages to win a US$1 billion contract for a natural gas processing plant.
The world's largest aluminum producer names Libby Archell new Vice President of Corporate Affairs.