China-based firm Harbin Bank is planning to file for a $1 billion initial public offering (IPO) in Hong Kong within January, according to sources familiar with the matter.
Investors
Utah's Christopherson Business Travel adds Alabama's All Seasons Travel
Utah-based travel management firm Christopherson Business Travel bought Alabama-based travel agency All Seasons Travel for an undisclosed sum to form one of the biggest travel firms in the US.
Belgium's Arseus exits healthcare supplies business to Henry Schein for €50M
Arseus, a Belgium-based healthcare group, said it has sold its Dentals software Julie, Arseus Dental Lab, Arseus Dental Solutions Benelux and Arseus Dental Solutions France Ouest to Henry Schein Inc for €50 million.
Nidec Sankyo acquires Mitsubishi Materials CMI unit in Japan
Japanese electric motors manufacturer Nidec Sankyo Corp completed the purchase of Mitsubishi Materials CMI Corp for an undisclosed sum, according to an announcement made by Nidec Corp.
Indian tech incubator BitChemy invests $6M in three startups -report
Hyderabad, India-based tech incubator BitChemy Ventures poured in $6 million in three startups - 3LOQ Labs, Cafyne Inc, and Altiux Innovations, according to a report.
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Indonesia-based state-run builder Wijaya Karya (WiKa) completed the purchase of state-controlled asphalt manufacturer Sarana Karya in a deal that is expected to support WiKa's expansion projects.
Madison Dearborn Partners is leading a group that includes CoVant and an investor group run by Joseph M. Kampf that is buying LGS Innovations from Alcatel-Lucent for $200 million, The Washington Post reported.
United Dairy Power, the biggest privately owned milk supplier in Australia, is looking to dispose a stake in the firm to an Australian diary investor for an undisclosed sum.
Poland-based digital cable firm Multimedia Polska bought cable operator Telektronik from Reda for an undisclosed amount, making way for the addition of new services to its current portfolio.
Private equity funds Carlyle Group LP and KKR & Co are in discussion to purchase troubled Brazil-based medical services provider Fleury SA in a deal worth BRL2.9 billion ($1.2 billion), according to three sources familiar with the matter.
Tech giant Google has purchased Timely, the alarm clock app created by BitSpin, for an undisclosed sum, making all its versions including the upgraded one, completely free.
Data from TrimTabs Investment Research showed that US-listed bond mutual funds and exchange traded funds or ETFs posted outflows of $34 billion in December, Reuters reported.
Israel-based private equity firm Fortissimo Capital has bought one-third of online professional document translation services provider One Hour Translation in a deal valued at $10 million.
The state-owned pension fund of Indonesia plans to boost its holdings in equities and bonds this year in order to improve the company's earnings, Bloomberg reported.
