Investors
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.