KKR & Co announced acquisition for Crosby Group and Acco Material Handling Solutions valued USD1 billion, said a Reuters report.
Investors
Samsung Electronics to resell Seagate Tech shares for USD1.51 billion
After receipt of shares in Seagate Technology as payment, Samsung is now reselling the shares back to the Dublin based firm for USD1.51 billion.
Apax Partners acquires Rhiag
Rhiag had entered into definitive agreements for its acquisition by Apax Partners through its Apax Fund.
Tempo DB raises USD3.2 million in Series A financing
In its latest Series A funding round, TempoDB would be expanding and developing its sensor and measurement data storage systems.
LDR Holding to do IPO
Spinal medical device company LDR Holding would hold an IPO over five million shares of common stock this week.
Latest News
According to a Reuters report, Hess Corp had planned to sell its storage terminal network valued USD850 to Buckeye Partners LP.
Fiat CEO Sergio Marchionne had discouraged investors in a conference last week to participate in the upcoming debut of Chrysler Group, said a Reuters report.
According to sources that told Reuters, US private equity firm Blackstone would be among possible bidders for Versace's minority stake.
Former Blackstone Group unit Stonepeak Infrastructure Partners raised an oversubscribed fund totalling USD1.65 billion.
The late release of government subsidy for the IFC backed Simran Wind Project Pvt forces it to shelve expansion plans.
MTN and Vodacom may be forced to cut back its business should no compromise be met on mobile termination rates.
Danish turbine maker Vestas Wind Systems A/S bond yields declined because of plans to sell off its machining and casting unit.
The largest insurance firm of Austria is set to sell off nearly USD 1 billion worth of new shares to fund its Eastern European expansion.
The Southwark Borough Council of London approved the proposed real estate development plan proposed by the Carlyle Group on the southern bank of the Thames River.
