Vintage Capital prices Anaren shares at US$23 per share in its purchase offer. Vintage Capital Group LLC, the investment firm has offered to purchase Anaren Inc for the price of US$23 per share.
Investors
Velocity Aerospace Group Receives Investment from Prospect Partners
Prospect Partners invests in Velocity Aerospace Group. A leading private equity firm focused on smaller lower to middle market companies, Prospect Partners, had announced that it has placed an investment with Velocity Aerospace Group Inc.
Tengram Overshoots Target for Fundraising
Tengram Capital Partners has raised US$173 million in commitments, more than its original US$150 million target.
Meriton Apple of the Eye for many Asian Builders
According to Meriton CEO, there have been offers to purchase part or all of the firm. Meriton Pty, the biggest apartment developer in Australia, has said that Canadian pension funds and investors from both the United Kingdom and China have shown interest in purchasing the company.
China Blesses Glencore-Xstrata Merger
China conditionally approves Glencore-Xstrata merger. The merger plan of Glencore and Xstrata cleared its final hurdle when the Ministry of Commerce of China backed the deal's completion.
Latest News
Biosev SA, to ease concerns about Brazil's equity market, offers a money back guarantee for its IPO.
Wilmar pays out US$263 million for 54% controlling stake in Consumar. The largest sugar cane miller in Australia, Wilmar International Ltd has purchased 27.
Bain Capital LLC's Capital Fund XI is in the process of finalizing its subscriptions from investors.
According to Dish CEO, the offer to purchase Sprint-Nextel is not contingent on the outcome of the Sprint-Clearwire negotiations.
Winter apparel maker Canada Goose seeking investors for expansion purposes. Canada Goose, the winter apparel maker, has engaged the services of investment bank Canaccord Genuity to assist in exploring options for the firm.
Hochtief AG is expecting to sell off its airport assets for Eur1.2 billion. ACS Global of Spain's subsidiary Hochtief AG has received offers for its airport unit according to a report Monday from Reuters.
In a statement, Canadian asset manager Gluskin Sheff + Associates have taken off the for sale sign for the meantime.
The fourth batch of BTP Italia Retail Bonds raised Eur9 billion and was ended two days ahead of schedule.
ABVCAP is discussing with government regulators on means to expand investment means for venture capital and private equities.
