The mystery lender who financed Thai billionaire Dhanin Chearavanont's $9.4 billion acquisition of HSBC's 15.6 stake in Ping An Insurance Group Co.,China's second largest insurer, had been named.
Institutional investors
AXA PE Sells Off Interest
AXA PE sells off its shareholdings in Duplomatico Oleodinamica. AXA Private Equity has sold its interest in Duplomatic Oleodinamica, the Italian industrial supplier to Progressio SGR.
Latest Bid Lowballs Billabong Value
The latest bid is now subject to exclusive talks between Billabong and Naude-Sycamore consortium. Billabong International Ltd, the Australian surfwear company is now entering a ten (10) days of exclusive discussions with a consortium for a takeover bid.
Survey Says Venture Capitalists Performance Sub Par
According to information obtained, venture capital performance has been sub par in the past ten years.
MMC Ventures to Run London Fund
MMC London Fund established for GBP11 million for specific areas of development. MMC Ventures recently lands a tender to launch the MMC London Fund. The fund is worth GBP11 million or US$16.
Latest News
The IPO shares of Blackhawk would be at US$220 million at US$22 per share. Safeway Inc. 's gift card and payment service unit, Blackhawk Network Holdings Inc has formally offered ten million Class A shares priced between US$20 and US$22 per share.
Topspin Partners sells off its interest in Utrecht Art to Blick Art. Multi-channel retailer, Blick Art Materials, has purchased shareholdings in Utrecht Art Supplies.
Patrizia led a consortium that won the bid for the luxury property holdings unit of GBW. Patrizia, the German real estate company, announced a consortium it had headed won the bidding for the purchase of rival GBW.
Investors are resorting to so-called cash funds for higher yields, as strict investment regulations are bringing down returns in the money fund industry.
With eyes set on the increasing demands of East Africa's growing middle class, Kenya-based private equity firm Catalyst Principal Partners has started to make investments from its $125 million fund and property ventures.
Investor Carl C. Icahn can be reimbursed of up to $25 million worth of expenses related to his deal work on certain conditions.
The private equity firm adds an 11% premium to the offer for EnergySolutions shares. Three months after its initial bid, Energy Capital Partners has increased its offer for nuclear waste management firm EnergySolutions from US$3.
Former Hulu board member Peter Chermin offers US$500 million for Hulu. Hulu, the online video streamiong service established in 2007, has received an offer from former News Corp President Peter Chernin.
EU Olli Rehn provides insight on new EU rules on investor liabilities in bank failures. Under the new European Union law in the works, large bank depositors can take a hit should the bank fail.
