India's ASK Group stated it is launching a US$200 million fund that is to be invested in the country's top five cities.
Institutional investors
Competitors seek to buy shares of Balaji Wafers
Balaji Wafers confirmed that they were open to selling a majority stake in the company. India's Balaji Wafers revealed that the 37 year old wafer maker was approached by international and local companies for a stake in their business.
Petronas to sell 80% stake in Engen
Petronas confirmed that they are in discussions with interested parties who could buy shares of Engen.
Locke adds 54 petrol sites to his gas empire
Locke announced that, together with Patron Capital Partners, it had added 54 petrol sites to their gas station portfolio
Coller Capital to buy stake in DLJ
Sources said that Coller Capital is buying shares of DLJ Merchant Banking Partners. Sources revealed that Coller Capital Ltd. is currently in discussions to purchase Credit Suisse Group AG's shares of DLJ Merchant Banking Partners.
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HSBC Leveraged Finance shelled out GBP 19.5 million to invest in Trustmarque Solutions. HSBC Leveraged Finance announced it has completed its refinancing deal of Trustmarque Solutions amounting to GBP 19.
Sona Petroleum's IPO shares were oversubscribed by 5.97 times. Shares in Sona Petroleum Bhd's initial public offering were oversubscribed by 5.
AMCON hired Citigroup and Vevita Capital to handle the sale of three banks owned by Nigeria. The Asset Management Company of Nigeria (AMCON) hired Vetiva Capital, an Africa-focused investment bank and Citigroup to manage the sale of three banks owned by Nigeria.
Sino Australia sought to extend its IPO. Oil company Sino Australia Oil and Gas, the holding company in Australia of Zhaodong Huaying Drilling (Huaying), sought to extend its initial public offering (IPO).
The National Bank of Greece announced plans to sell stakes in Finansbank. The National Bank of Greece (NBG), the country's biggest lender, announced plans to sell of parts of its controlling stake in Finansbank.
Media sources had stated that Bain Capital was going to purchase stakes in PRUK for GBP200 million. Bain Capital is to take control of Plasma Resources UK, the major blood plasma supplier to the National Health Service.
Simply Business gets management overhaul after AnaCap Financial Partners took over its reins. AnaCap Financial Partners announced the management takeover of Simply Business, one of the pioneer brokers in commercial insurance in the UK.
Alibaba's plans to go public makes IPO the biggest since FB. Alibaba planned of going public by offering an initial public offering. The IPO could be the biggest since Facebook.
EMI broke buyout records. The EMI Group Pension Fund secured a buyout with Pension Corporation last week. The buyout was worth GBP1. 5 billion, which is considered to be the largest deal to date.
