Charter Hall plans to invest money for acquisitions and list publicly REITs. The owner of Sydney's more than century old General Post Office building, Charter Hall Group, is planning to purchase Aus$1.
Investors
Ziggo Shares to be Sold Off by Private Equity Investors
A total of 27 million shares would be sold off to allow the exit of Cinven and Warburg Pincus from Ziggo, the cable firm.
ING Groep NV Sells Off Custody Services
ING Groep NV, in its move to cut back operations, sells off custody services in several central and eastern European countries.
NEC to receive loans and sell off assets
NEC's restructuring plan is underway as it receives loans from major banks and sells off quality assets to the market.
Pegasus Airline IPO Nets 1.93 billion lira
Pegasus Airline, Turkey's low cost air carrier, raises nearly 1.93 billion lira or US$1.07 billion in its IPO.
Latest News
Clean Line purchases the Power Network for an undisclosed amount. An agreement has been signed between Clean Line Energy Partners LLC with Power Network New Mexico for the acquisition of a proposed 200 mile 345 kilovolt transmission line.
ADM purchases Australia's GrainCrop for US$2.3 billion. The world's largest corn processor, Archer-Daniels-Midland Co finalized an agreement from GrainCorp Ltd for the purchase of the rest of the Australian crop handler's business and assets.
Only two private equity firms are in the running for Onex Corp's Carestream Health Inc as others pulled out citing uncertain outlook for the company's future.
Banco do Brasil SA's BB Seguridade Participacoes SA IPO is estimated to be worth of US$4.2 billion.
ThyssenKrupp, because of declining demand and low priced competition, is selling off assets in the Americas to
Dynamic Yield raises US$2 million in Series A funding. Dynamic Yield announced today that it was able to raise $2 million in its Series A funding round.
The Greece National Bank would be selling 12% of its share offering to private placement. The largest lender in Greece, the National Bank, is aiming to sell at least 12% of its Eur9.
Glass Lewis joins ISS in supporting the split of Timken into its bearings and steel businesses. Glass Lewis, the activist proxy advisory firm, had told its Timken Co shareholders that the non binding proposal to break up the company's ball bearings and steel business is a good move.
GSK to sell off Lucozade and Ribena. GlaxoSmithKline (GSK) is going to sell its soft drink brands Ribena and Lucozade. The decision may result in GBP1.
