A partnership was forged between KKR and KUFPEC to bid for the oil and gas subsidiary of DWE, DEA RWEDE.
Investors
Kindred purchases 9 nursing centers for USD83 million
Kindred Healthcare Inc. recently bought 9 nursing centers for USD83 million shortly after it purchased Senior Home Care Inc in November.
Budimex to sell company to Equity Investors
Polish constructor Budimex would be selling one of its units to private equity firm Equity Investors.
Two Chinese banks do IPO in Hong Kong bourse
Hong Kong bourse recently listed Huishang Bank and Bank of Chongqing. A record HKD9. 21 billion or USD1. 19 billion was raised from its Hong Kong IPO for Huishang Bank after it had fixed the price slightly above the lowest rung in its price range at HKD3.
Premier Foods seeks investment boost for Hovis
Heavily indebted UK bread manufacturer Premier Foods announced that it is looking for investors for its Hovis brand.
Latest News
Investors such as Qatar Holding and Fairfax Financial have picked up sizeable amounts of BlackBerry's USD1 billion convertible debt offer.
Upgrades were issued to the CPR and MTN of DHCOG including a positive outlook stamp of approval by Moody's Investor's Service.
The following bids, mergers, acquisitions and disposals were reported on Wednesday The following bids, mergers, acquisitions and disposals were reported on Wednesday:Germany's Siemens agreed to sell the bulk of its water technologies business to private equity group AEA Investors for 640 million euros ($862 million).
Software provider Centro has bought self-serve platform for banners ads SiteScout Inc. Chicago-based Centro acquired Canadian company SiteScout Inc for an undisclosed amount.
Germany's SolarWorld engaged in talks to buy car parts supplier Bosch's solar plant in Arnstadt.
Signal Hill Equity Partners closed its investment in Calgary, Alberta-based oil and gas engineering company OEL Projects Limited.
Canadian oil producer Penn West Petroleum announced that it will be selling up to USD2 billion of its assets to reduce debt levels.
AEA Investors LP signed an agreement to buy Siemens Water Technologies for EUR640 million. AEA Investors LP agreed to a EUR640 million acquisition deal with Siemens Water Technologies.
Web security solutions firm Wallarm receives USD 500,000 in seed investment from Runa Capital. Runa Capital has made a USD 500,000 seed investment in Moscow, Russia-based web security solutions company Wallarm.
