Praesidian Capital invested in Meheen Manufacturing through a first lien debt worth USD 11.25 million.
Investors
Egypt unrest could mar economy - observers
Political unrest in Egypt affected both small-scale and large scale business. Observers fear it would get even worse.
Supremex ends discussions with Clarke to go private
Supremex announced the termination of its talks with Clarke Inc about a possible deal to go private.
Tom Dillon is Rosa Mexicano's new President and CEO
Goode Partners' backed restaurant group Rosa Mexicano appointed Tom Dillon as its new President and CEO.
Publicis Groupe purchases Halyard Capital's Engauge Marketing
Worldwide Marketing Services firm Publicis Groupe acquired Enguage Marketing from Halyard Capital. Halyard Capital sold its portfolio company Engauge Marketing to Publicis Groupe.
Latest News
Sources said Hilton Worldwide was preparing for a debt refinancing package worth USD 12 billion before its IPO next year.
George Soros added another 2 million shares to his JC Penney portfolio while other investors exited or reduced their holdings.
Aboitiz Power expressed its interest to acquire some of the country's state-owned power assets.
Chile's BCI would ask its shareholders to approve its USD 400 million capital hike to partly fund its acquisition of City National Bank.
Sources told Reuters if the government's anti-trust case against the AMR-US Airways merger prospers, AMR would have to go back to the drawing board and investors would suffer.
Flixel Photos Inc raised USD 770,000 in its most recent financing round. Software developer Flixel Photos Inc closed its financing round with USD 770,000.
Ivanhoé Cambridge announced it would buy a 50% stake in Place Ville Marie for more than USD 400 million.
Eike Batista sold his shares in LLX Logistica to EIG Global Energy Partners for USD 562 million. Brazilian businessman Eike Batista ceded control of LLX Logística to EIG Global Energy Partners.
Cisco Systems announced it would be whittling down its workforce by 5%. Cisco Systems Inc announced it would be reducing its workforce by 5%. The move would affect 4,000 jobs.
