Hochtief AG is expecting to sell off its airport assets for Eur1.2 billion. ACS Global of Spain's subsidiary Hochtief AG has received offers for its airport unit according to a report Monday from Reuters.
Institutional investors
Tengram Overshoots Target for Fundraising
Tengram Capital Partners has raised US$173 million in commitments, more than its original US$150 million target.
Meriton Apple of the Eye for many Asian Builders
According to Meriton CEO, there have been offers to purchase part or all of the firm. Meriton Pty, the biggest apartment developer in Australia, has said that Canadian pension funds and investors from both the United Kingdom and China have shown interest in purchasing the company.
Arcadia Shutting Down Dubai and Switzerland Operations
In a decision, Arcadia is shutting down operations in Dubai and Switzerland as well as a change in CEO.
Biosev Offer Money Back Guarantee at IPO
Biosev SA, to ease concerns about Brazil's equity market, offers a money back guarantee for its IPO.
Latest News
The fourth batch of BTP Italia Retail Bonds raised Eur9 billion and was ended two days ahead of schedule.
ABVCAP is discussing with government regulators on means to expand investment means for venture capital and private equities.
Powerwave Technologies gets a shot in the arm in the form of a credit facility from P-Wave Holdings, an affiliate of The Gores Group.
Dysis Medical closes latest funding round at US$11 million. DySiS Medical Ltd was able to complete GBP7. 4 Million or US$11 million on a round of capital infusion.
Rosneft, through two fronts would purchase 21% shareholdings in oil refiner Saras. The largest oil producer in Russia, Rosneft has agreed to purchase up to 21% shareholdings in Italian refining company Saras.
AIS completes refinancing through investor help. DH Capital was pleased to announce that American Internet Services LLC (AIS) was able to obtain an amount of $43,500,000 refinancing of its senior credit facilities with the assistance of Fortress Investment Corp and Fortress Credit Corp.
OpenCoin finalizes successful financing round with angel investors. In an announcement, OpenCoin disclosed that it had closed a round of financial investments from angel investors.
IPO is the way for growth for Pegasus Airlines, the Turkish budget air carrier. Pegasus Airlines, the low cost air carrier of Turkey, is offering for sale 34.
Betfair is entertaining bids and according to its former CEO, has lost its way. Betfair, the online gambling company, is now the object of a takeover bid from CVC Capital Partners.
