Investors
Qatar Holding LLC Purchases Shares in Porto Nuovo
Qatar Holding LLC purchases 40% of Porto Nuovo business district to expand its European real estate holdings.
New Zealand Gears for Largest IPO Sale Yet
New Zealand's sale of Meridian Energy may be the largest IPO of a company in the country. State owned power company Meridian Energy's 49% would be offered to an initial public offer of its shares by the third quarter of the year.
3i of UK Seeking Investors
Reuters reports the backing of a sovereign wealth fund and a UK institution to prop up the business of 3i.
Sources: Bain Top Fund but Sale For Yankee Candle falls through
Bain Capital tops race for Yankee Candle but sale falls through. According to a report from Reuters, three people with knowledge of the matter disclosed that Bain Capital, LLC may appear to be the last survivor in the race for Yankee Candle Co, Inc.