Nan Fung planned buy a stake in Forterra Trust to increase its market share. Nan Fung planned to acquire abount 30% stake in Forterra Trust. The Hong Kong property developer will pay SGD$226.
Investors
Indonesia's TPSF shareholders to give up stake in company for KKR
Controlling shareholders of Tiga Pilar Sejahtera Food signed an agreement that allows KKR to acquire 9.5% stake in the company.
Has Microsoft lost its “touch”? Surface RT brings the company woes
It may seem that Microsoft has lost its “touch” as its Surface RT brought the company woes. Microsoft was in a dire straits recently. The company had a pretty rough week.
Ramky Enviro Engineers acquires Enviropacific
Ramky Enviro Engineers acquired Enviropacific, the first of targeted acquisitions in Australia. Ramky Enviro Engineers Ltd. acquired Australia's Enviropacific Services Pty Ltd.
Segro offloads Neckermann and IQ Winnersh properties
Segro announced that it has sold its Neckermann and IQ Winnersh properties in Germany and the UK to various investors.
Latest News
Ajay Piramal Group announced that India Venture Advisors is launching a INR1,000 crore fund that targets early-stage healthcare companies.
Sifca Group announced that it is pushing forward a plan that will see US$420 million invested into West Africa.
Sources stated that Extended Stay Hotels is preparing for an IPO later this year. Sources stated that Extended Stay Hotels is preparing to sell stakes in the company to the public.
Alcresta announced that it had raised US$10 million to accelerate production and commercialization of its drug that helps cancer patients.
RIL announced that it is to invest a further US$5 billion in US-based shale gas business. Reliance Industries Ltd. revealed that it is going to invest more than US$5 billion over the next three years in its US-based shale gas enterprise.
BAIC Group stated that it is planning to buy assets from Fisker Automotive Inc. to enhance its own electric vehicle development.
Minnesota firms urged Gov. Mark Dayton's administration to support an idea for a fund that will support smaller Minnesota businesses.
Several mainland China retailers stated that they want their listing done in Hong Kong before October.
CVC Capital announced that they've accepted up to EUR10.25 billion in investments and that a further EUR250 million was in the works to be accepted.
