Hochtief Sells off Airport Management Division

Hochtief AG is returning to its construction roots by the sale of its airport management division. Hochtief AG has entered into an agreement to sell its airport division to the Public Sector Pension Investment Board of Canada.


CMIA to Invest in China Agricultural Firms

CMIA to invest in China agricultural businesses and industries through its US$150 million fund. Former bankers at Cargill Inc and HSBC Holdings are now running CMIA Capital Partners Pte.

Baidu Acquires PPS Online Video Operations

Baidu acquires PPS online video operations to expand its market share. Baidu. com, the Beijing based Chinese language Internet web search portal announced that it was purchasing the online video operations of PPS for the price of US$370 million.

Shamu's SeaWorld Seeking Loan

SeaWorld, after its recent IPO, is seeking a US$1.4 billion loan in order to refinance its debt. The Blackstone Group controlled SeaWorld Entertainment Inc is now seeking a US$1.


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For the third straight time, Buffet's Berkshire Hathaway has sold off Moody's shares. In another surprising move, Warren Buffett's Berkshire Hathaway has sold another 1.
Clustrix raised US$16.5 million from investors totalling US$46.5 million overall. On Monday, Clustrix announced the recently concluded funding round that was able to raise an estimated amount of US$16.
Flexitallic, the sealing product specialist has been acquired by international private equity firm Bridgeport.
Fsstback Networks completes its Series B Financing raising US$15 million for the company. In an announcement, Fastback Networks said that it has closed its US$15 million Series B financing.
Onex, in a bid to expand its watch and buy segment, purchases Nielsen Expositions from its parent firm.
TallGrass Energy IPO to be done with an expectation of revenues amounting to US$300 million. About US$300 million is expected to be raised by Tallgrass Energy Partners LP from its initial public offer.
Tableau Software would undertake an IPO with an expected value of US$215.3 million. Tableau Software, the data analysis software programmer, announced that its initial public offer price would be pegged between US$24 and US$26 per share totalling US$215.
William Lyon Homes to do IPO expecting share price between US$22 and US$24 per share. An initial public offer for William Lyon Homes is expected to fetch a price per share between US$22 and US$24 totalling US$209 million.
Freddie Mac offers ninety day and 120 day bonds. The second largest home mortgage company, Freddie Mac, has announced that it would be selling US$3. 0 billion of reference bills come Monday.
Series B fundraiser saw STAT-Diagnostica raise US$22.1 million. STAT-Diagnostica disclosed the conclusion of its Series B growth financing round that earned an estimated amount of US$22 million or EUR17 million.