According to sources that told Reuters, US private equity firm Blackstone would be among possible bidders for Versace's minority stake.
Investors
LDR Holding to do IPO
Spinal medical device company LDR Holding would hold an IPO over five million shares of common stock this week.
Warburg's Antero Resources prices above planned IPO range
Warburg Pincus' Antero Resources had priced above its planned IPO range that valued the company at USD11 billion, said a Reuters report.
Mossi Ghisolfi looks at Hong Kong listing by end of the year
Mossi Ghisolfi's Chairman said last Wednesday that the company had been looking to expand globally through a Hong Kong listing of about a third of its M&G Chemicals unit by end of the year.
KKR to buy Acco and Crosby Group
KKR & Co announced acquisition for Crosby Group and Acco Material Handling Solutions valued USD1 billion, said a Reuters report.
Latest News
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.
About GBP40 million was invested into Oxford Nanopore Technologies by new and old investors for the expansion of sales and manufacturing capacity of the company.
Meetup had acquired its first company, tech startup Dispatch, for an undisclosed amount. Offline group meeting facilitator platform Meetup had made its first acquisition.
In a joint statement, Bharti Retail and Walmart dissolve their Best Price partnership in India. After weeks of speculation, Bharti Enterprises and Wal-Mart Stores Inc had announced that they are going on their separate ways for operations in the retail sector.
