Institutional investors
IGIS acquires Seoul's Twin Tree Towers for USD 316 million
KTB Asset Management Co announced the successful sale of its Seoul property, the Twin Tree Towers, to IGIS Asset Management Co.
Wal-Mart considers bid for Li Ka-shing's supermarket biz: sources
Sources told Reuters that Wal-Mart Stores Inc is thinking of bidding ParknShop, the supermarket business owned by Li Ka-shing.
Ray Investment plans 10% sale of Rexel stake
Ray Investment, the private equity owner of Rexel, announced that it plans to sell another 10% of its stake in the French company.
IFC to invest more in Nigeria
International Finance Corporation revealed it would be increasing its investments in Nigeria by 25% to US$2 billion by 2014.
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J-Pac, a manufacturing company that services the diagnostics, medical device, life sciences and pharmaceutical industries, announced that it had appointed Mark Florence as its new President and Chief Executive Officer.
Private equity firm GTCR announced the partnership it formed with Ed Fiorentino for the formation of Crealta Pharmaceuticals Inc.
Marlin Equity Partners bought Asset Control for an undisclosed amount. Marlin Equity Partners bought Asset Control for an undisclosed amount. The latter provides financial institutions around the world with solutions for data management.
Chicago-based UrbanBound announced that it raised a total of USD 5 million in its Series A round. Chicago-based UrbanBound announced that it raised a total of USD 5 million in its Series A round.
Persistence Capital Partners (PCP) saw its exclusive investments in the Canadian healthcare sector pay off.
The board of directors of Sony Corp said no to the proposal of Daniel Loeb to partially sell its entertainment business.
Branded Reality revealed that it had secured an investment from The North West Fund for Digital & Creative.
Israeli-based cyber security company ThetaRay bagged a substantial investment from General Electric (GE) reported to be worth "several million dollars."
Brazos Private Equity Partners announced its partnership with Southern Tide, a growing lifestyle brand.
Private equity firm M/C Partners announced the completion of its sale of Baja Broadband to Telephone and Data Systems Inc in a transaction worth USD 267.5 million.