Penske Automotive Group said that they are set to acquire Western Star Trucks Australia for US$200 million.
Investors
Perrigo awaits decision for Elan Corp acquisition
Perrigo Co is now in a waiting game as it waits for the decision regarding the acquisition of Elan Corp.
Copperbelt Energy Corp. to raise US$150 million
Copperbelt Energy Corp. announced that it planned to raise US$150 million from Dutch and German development-finance institutions and other creditors.
China Molybdenum acquires controlling stake in Australia's Rio Tinto
Rio Tinto revealed that it sold 80% of the Northparkes copper-gold mine to China Molybdenum for US$820 million.
OCI NV to buyback shares in OCI SAE
OCI NV, the parent company of Osracom Construction Industries, announced plans to buyback shares in OCI S.A.E.
Latest News
Altana AG' Cinven Ltd acquired CeremTech from Rockwood for US$635 million. Rockwood Holding Inc announced that they are set to sell CeremTech to Altana AG's Cinven Ltd.
K Ganesh and MeenaGanesh have announced they they have bought Portea Medical. K Ganesh and MeenaGanesh, both Serial tech entrepreneurs, announced that they have acquired Portea Medical, a New Delhi-based healthcare firm.
Wildcraft Inc. announced that it is looking to raise up to INR75 crore to finance its expansion programs.
Sembcorp Salalah Power and Water Company stated that it was now preparing for its IPO in September. Oman's Sembcorp Salalah Power and Water Company announced that it is preparing to float an initial public shares offering in September of this year.
Publicis and Omnicom hired New York based Moelis & Co and the Paris-based adviser Rothschild for their merger.
The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.
A Blackstone executive said it had found fewer opportunities to invest in India after seeing public governance issues.
Old Mutual Investment Group announced that it had launched a new private equity fund which is to be invested in private equity funds in South Africa.
DLF announced that it is entertaining private equity firms after ending the talks to sell Aman Resorts with Zecha.
