Dubai Group would become independent of Dubai Holding upon completion of a US$10 million infrastructure deal.
Investors
Slovakian Power Utility Discusses New Loan Terms
Slovenske Eletarne AS is in discussion with lenders as to renegotiation of a deal finalized back in 2007.
Telecom Italia Still To Decide on Fixed Line Spinoff
Telecom Italia still is in the process of determining the pursuit of the fixed line spinoff plan. Franco Bernabe, Chairman of Telecom Italia announced Thursday that the spin off of the company's fixed line network would take time in its implementation.
Mediobanca Loss Caused by Generali Purchase
Mediobanca on its own is performing well but is now burdened by the bad deals from insurer Generali.
Algeria to Seek Valuation before Purchase of Djezzy
The Algerian government is seeking a re evaluation of Djezzy the telecommunications firm before its purchase from Vimpelcom.
Latest News
Billabong has just been in breach of debt payments as exclusivity period for bid lapsed without a formal offer.
Einhorn of Greenlight Capital gives advice and provides fearless forecast. David Einhorn is one of the most observed hedge fund managers in the industry.
Quintiles IPO sells US$947 million to pay off debts and other corporate activities. Pharmaceutical support firm Quintiles Transnational Holdings has raised US$947 million for its IPO.
IPO is the vehicle to be used by Sinarmas Land to sell off Kota Deltamas. One of the renowned land developers in Indonesia, with interests in subdivisions, shopping mals and golf courses has engaged the services of the Macquarie Group for an IPO.
Atlas Pipeline's acquisition of TEAK Midstream recently concluded. Atlas Pipeline Partners, L. P. disclosed today that the earlier announced acquisition of TEAK Midstream, LLC, has already concluded and effective date of purchase is 1st of April 2013.
Ashford Hospitality purchases the Pier House Resort for US$90 million cash. The Ashford Hospitality Trust, Inc. announced today that it has already inked a final contract to purchase the Pier House Resort and Caribbean Spa in Key West, Florida that has 142 rooms for an estimated amount of US$90 million cash.
Darby's DLAMF II invests US$15 million in Alta Rail Technology. Darby Private Equity, the equity unit of Franklin Templeton Investments, had announced that it has completed an investment wortth US$15 million in Alta Rail Technology.
Granite Partners invests in SIM Digital which in turn uses the investment to purchase PS Production.
OMERS acquires Civica from 3i for GBP390 million. The Ontario Municipal Employees Retirement System's private equity investment unit OMERS Private Equity has completed the purchase of Civica from private equity firm 3i.
