Investors
Actis announces acquisition of Paycorp from Transaction Capital
Private equity firm Actis announced its acquisition of Paycorp, a South-African payments business for USD 95 million.
IVG sees hope in the horizon for debt restructuring deal: sources
Sources told Reuters that last-minute talks held by German real estate company IVG with creditors could make its debt restructuring deal a possibility.
IGIS acquires Seoul's Twin Tree Towers for USD 316 million
KTB Asset Management Co announced the successful sale of its Seoul property, the Twin Tree Towers, to IGIS Asset Management Co.
Chubu Electric purchases 80% stake in Diamond Power
Chubu Electric Power Co purchased an 80% stake in Diamond Power Corp, an independent producer and supplier of power owned by Mitsubishi Corp and operates in Tokyo.
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The Warsaw Stock Exchange (WSE), also known as the Giełda Papierów Wartościowych w Warszawie (GPW), said it aims to purchase an equity stake of up to 30% from Aquis Exchange.
Sources told Reuters that Wal-Mart Stores Inc is thinking of bidding ParknShop, the supermarket business owned by Li Ka-shing.
Ray Investment, the private equity owner of Rexel, announced that it plans to sell another 10% of its stake in the French company.
International Finance Corporation revealed it would be increasing its investments in Nigeria by 25% to US$2 billion by 2014.
Spanish officials sold a controlling stake in Project Bull to H.I.G. Capital for around EUR100 million.
Reports suggested that Cohen & Steers Inc. is shutting down its private equity real estate operations.
A joint venture between Tower Realty Partners, Second City Capital Partners, and the affiliates of Feldman Equities bought a 187,000 square foot St. Petersburg building for US$20 million.
YuMe Inc. revealed that it set its IPO price per share at US$9, below the company's US$12-US$14 expected price per share.
First Solar announced they acquired numerous assets from Element Power across the US and Mexico for an undisclosed amount.
Biennale of Sydney revealed that they had Julian Knights join them as a member of its board of directors.