Investors
Metro AG looking to float Cash & Carry Russia by spring next year
Germany's Metro AG was reportedly considering to float its 25% stake in Cash & Carry Russia by the end of the first quarter or start of the second quarter of 2014. The initial public offering would take place in London and Moscow.
Gaw Capital buys London property for Korean investors
Hong Kong-based private equity firm Gaw Capital Partners acquired Waterside House, a 237,800-square foot commercial property located in London, on behalf of Korean institutional investors.
Sequoia Capital to invest USD 15 million for GirnarSoftware stake
Sequoia Capital is backing GirnarSoftware with USD 15 million in investment for a 20% stake in the firm. GirnarSoftware owns Internet websites Cardekho, Bikedekho and Pricedekho.
Bain Capital to stop acquisition talks with TI Automotive due to price disagreement- sources
Bain Capital Partners was said to have stopped talks to acquire auto parts maker TI Automotive because the parties could not agree on the price for the deal.