Equity analysts said that uncertainty over the future of state-owned utility companies could hamper its privatization.
Institutional investors
Malaysia's Boustead makes plantation REIT private, plans IPO
Malaysia's Boustead planned to make its plantation REIT private and offer an IPO. Malaysian company Boustead Holdings Bhd stated that it would be making private its US$190-million plantation REIT.
Altamont, GSO Capital refinance Billabong
Altamont partners with GSO Capital Partners to grant refinancing to Billabong to help stabilize the company and fund its expansion endeavors.
Altamont buys action sports accessories maker
Altamont entered into an agreement to purchase DAKINE from Billabong. San Francisco-based Altamont Capital Partners (Altamont) entered into contract to purchase DAKINE, a leader in action sports accessories, from Billabong International Limited.
Bernanke speech, US retail sales sent Asian stocks down
Bernanke speech and US retail sales sent most Asian stocks down. US retail sales, which were weaker than expected, caused most Asian stocks to drop Tuesday.
Latest News
Funeral Consumers Alliance protested against funeral home chain's acquisition of competitor. The Funeral Consumers Alliance (FCA) sent a letter to the Federal Trade Commission (FTC) on Thursday.
Grontmij divested its French unit to focus on engineering operations. Grontmij announced Tuesday that it had divested its French monitoring and testing business.
BDC Venture Capital extended US$150,000 to 10 recent Launch36 graduates. BDC Venture Capital announced Monday that it was extending convertible notes to 10 recent graduates of the Launch36 accelerator program.
In an attempt to lure investors, Monte dei Paschi removed the bylaw stating that other investors will own no more than 4% of total shares
AirTight Networks get US $10 million funding following a series D financing round. AirTight Networks raised US $10 million after the close of a series D financing round.
The opening up of the Indian forex market has allowed the stock exchange to further grow in recent times.
China gets US $44.4 million funding for a housing project. Century Bridge Capital entered into a joint venture agreement with Coastal Greenland Limited after investing US $44.
Aston Capital forms financing to help consumers invest in LED projects. A private equity firm will provide financing solutions for Revolution Lighting Technologies customers who want to switch to LED lighting but lack the money to do so.
Caroline Kitidis, who used to work for Goldman Sachs, joins Deutsche Asset & Wealth Management. Deutsche Asset & Wealth Management today welcomed into the team Caroline Kitidis, formerly head of Americas Structured Solutions Group of Private Wealth Management.
