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.
Investors
Lionbridge Technologies Inc acquires E5 Systems
For the price of USD1.6 million, Lionbridge Technologies gains a foothold in the Chinese market as well as expand its revenue clientele through the acquisition of E5 Systems.
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.
Latest News
KKR & Co announced acquisition for Crosby Group and Acco Material Handling Solutions valued USD1 billion, said a Reuters report.
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.
