Apollo Global's two founders and other cornerstone investors have committed to sell off part of their shareholdings.
Investors
Norway's Fund Excludes RTL Firms
Reconstituted tobacco leaf related companies from Norway's portfolio fund. The sovereign wealth fund of Norway, which is also the world's largest, has excluded Schweitzer-Mauduit International Inc and Huabao International Holdings Ltd from its corporate portfolio due to their involvement with tobacco production.
Health Care REIT acquires Revera Majority
Health Care REIT acquires 75% of shareholdings, including debt and prepares for the IPO. Health Care REIT has agreed to pay Revera Inc, the Canadian senior housing operator, the amount of US$697 million in cash in exchange for a majority ownership in the 47 senior housing communities it operates.
PT Pembangunan Deltamas to undertake IPO
PT Pembangunan Deltamas to do IPO for the third quarter of the year. PT Pembangunan Deltamas, the Indonesian industrial parks operator, is seeking to raise nearly US$250 million through an initial public offer scheduled for the third quarter of 2013.
Yahoo Sought Dissolution of Microsoft Deal for Google
Yahoo's Marissa Meyer sought to end the search ad agreement with Microsoft and opt for Google's very own.
Latest News
Coty, the fragrance and nail polish maker, is preparing for an IPO. Nearly US$700 million is expected to be raised for the initial public offer of Coty.
Berkshire Hathaway increases shareholdings in DaVita Health Care. Berkshire Hathaway, the largest investor in DaVita Health Care Partners Inc, has entered into an agreement to increase its shareholdings to 25% of the US operator of dialysis clinics.
SoftBanks's CEO may meet a cold reception when their founder and president meets with Sprint shareholders.
Relay Ventures acquires theScore shares Relay Ventures had recently announced the purchase of 35,937,500 Class A shares for theScore Inc. The price per share is US$0.
Hawthorne Global Aviation Services purchased FBO development rights in Chicago. In an announcement, Hawthorne Global Aviation Services said that it had purchased from Sovereign Development Group the development rights for a Fixed Base Operator (FBO) at the Executive Airport of Chicago.
Kinetic Social receives US$8 million capital infusion from investors as well as a loan facility. The company that provides social media advertising, Kinetic Social, announced that it was able to raise US$8 million at the first closure of its Series A financing round.
David Einhorn's Greenlight Capital has increased its shareholdings in Apple Inc. Greenlight Capital, David Einhorn's investment firm, has increased its investment position in Apple Inc.
Starwood Capital subsidiary purchases Blue Back Square Development for an undisclosed amount. Starwood Capital and Starwood Retail announced today that an associate acquired Blue Back Square.
Danone expands business in Turkey's bottled water market with the purchase of Sirma. The owner of the Evian water brand, Danone, has acquired a 50.
