Investors
REIT company sells stake in two hotels to partner
Carey Watermark gives up its 49% stake amounting to US $22.6 million in favor of its partner, Ensemble Hotel Partners.
Synovus announces launch of IPO
Synovus Financial Corp launched their US$130 million public offering. Synovus Financial Corp. announced the commencement of the company's underwritten public offering.
Becknell acquires US$34 million worth of industrial properties
Becknell Industrial announced the acquisition of industrial properties amounting to US$34 million. Becknell Industrial announced new acquisitions amounting to US$33.
AlBaraka Bank subsidiary releases US$250 million funding
AlBaraka Turk mandated the release of a US$250 million funding. AlBaraka Turk announced that they have mandated the bank for an arrangement of a US$250 million syndicated loan.
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Oxford Genetics received GBP150,000 funding from Mercia Fund Management. Mercia Fund Management, a venture capital fund manager, invested GBP150,000 in Oxford Genetics.
The cloud-based software platform gained US $1.5 million expansion funding from MMC Ventures to cover customer acquisition objectives and product development.
Yahoo! entered into an agreement with Third Point to buy back 40 million worth of shares. Yahoo! Inc. announced that they have entered into an agreement to repurchase 40 million worth shares of owned by Third Point LLC (Third Point).
Ardmore Shipping Limited announced that the previously announced public offering for common shares has started.
Lotte Department Store was considering an IPO in Singapore worth US$1 billion. Lotte Department Store was planning of have an initial public offering in Singapore.
In the Tour de France, sponsorship is not only for the big corporations but for the smaller businesses as well.
Sprouts Farmers Markets announced the start of its initial public offering. Sprouts Farmers Markets LLC announced the start of its initial public offering.
Althon Energy Inc said that the company has filed for a public offering worth US$345 million Althon Energy Inc announced that they have file for an initial public offering (IPO) valued at US$345 million.
The first half of the year saw investments in agri-business rise 75% in India. Investments in Indian agri-business firms rose 75% in the first half of 2013.
TPSF shareholders announced that KRR will manage US$78 worth of assets. Shareholders of PT Tiga Pilar Sejahtera Food Tbk (TPSF) announced that they have signed a definitive agreement with KKR (Kohlberg Kravis Roberts).