Tnuva Food Industries stated it could go public to improve the company's capital structure. Tnuva Food Industries Ltd. revealed plans that it might consider an initial public offering.
Investors
AlpInvest Partners buys EUR800 million worth of HypoVereinsbank assets
AlpInvest won its bid to purchase EUR800 million in private equity assets from HypoVereinsbank. AlpInvest Partners, a Dutch private equity investor, finished first in the race to acquire up to EUR800 million of private equity assets from HypoVereinsbank, according to three individuals with knowledge of the situation.
Increasing Chinese-Russian trade to boost mergers and acquisitions in the long term
Russian investment bank, VTB Capital said that the increasing Chinese-Russian trade flows could well mean more mergers and acquisitions between the two countries.
Unitech puts up 3.6 million sq ft of properties for sale
Unitech has placed 3.6 million square feet of IT space up for sale. Unitech Corporate Parks have offered around 3. 6 million square feet of properties in India's Gurgaon IT Special Economic Zone to a number of private equity firms, said a person who has knowledge of the plans.
SMB to raise US$4 billion to fund expansion
San Miguel Corp plans to raise US$4 billion to fund expansion by selling power assets of Meralco. San Miguel Corp. is set to raise an estimated US$4 billion by selling power assets of Meralco.
Latest News
Worldfloat saw its customer base increase due to unique game. Worldfloat, an Indian-based social networking site, expects to have its membership base expand to around 20 million in the next few weeks.
KrisEnergy revealed that it its looking to raise more than SGD270 million in its market debut. KrisEnergy Ltd is looking to receive up to SGD270 million in net proceeds in its initial public offering.
Abu Dhabi Investment Authority laid out plans to invest US$200 million in Indian real estate. Abu Dhabi Investment Authority revealed plans to make investments of about US$200 million in Indian real estate emphasizing a trend for significant Gulf sovereign wealth funds to diversify from developed markets such as Northern American countries and Europe, two sources with knowledge of the deal said.
While many currencies have floundered, the Canadian dollar has provided great returns to investors. As the recent weeks have showed, many global currencies have been buffetted by volatile trade as well as the uncertainty as to the next decision of the US Federal Reserve as to its stimulus programs.
Raiffeisen Bank International explores cost-cutting measures to raise Eur 1.8 billion. Austria's Raiffeisen Bank International (RBI) is about to bite the bullet as it launches a cost-cutting program to raise Eur 1.
After interviews were held last week, Gulf Keystone's board of directors would advise the shareholders not to vote for the M&G nominees.
Ireland's low corporate income tax attracts US multinationals but the country's Department of Finance claim the policy aims to bolster local economy.
The Chinese news agency issued the corrected statement after analysts made speculations about the published report.
The Australian Competition and Consumer Commission makes a probe about a newspaper report involving Crown Ltd.
