The mystery lender who financed Thai billionaire Dhanin Chearavanont's $9.4 billion acquisition of HSBC's 15.6 stake in Ping An Insurance Group Co.,China's second largest insurer, had been named.
Investors
Princeling Funds of China under Fire
The Chinese government is now in a quandary as to the crackdown on corruption against the so-called princelings.
Infinity Homecare Finalizes Acquisition
Infinity announces the acquisition of AHC Southwest and Advanced Homecare. Infinity Homecare announced the acquisition of AHC Southwest and Advanced Homecare as already complete.
Silverfleet purchases Ipes
Silverfleet Capital purchases Ipes. European private equity firm Silverfleet Capital has entered into an agreement with Ipes, one of Europe's providers for fund administration and outsourcing services.
MMC Ventures to Run London Fund
MMC London Fund established for GBP11 million for specific areas of development. MMC Ventures recently lands a tender to launch the MMC London Fund. The fund is worth GBP11 million or US$16.
Latest News
Brightstone Venture Capital raises funds for Mobile Realty Apps. Brightstone Venture Capital has been in the business of investments in the past three decades with interests in over eighty Minnesota enterprises.
Liberty Global's acquisition of Virgin Media is approved by EU. An unconditional European Union clearance was provided to John Malone's Liberty Global for the bid for Virgin Media.
The IPO shares of Blackhawk would be at US$220 million at US$22 per share. Safeway Inc. 's gift card and payment service unit, Blackhawk Network Holdings Inc has formally offered ten million Class A shares priced between US$20 and US$22 per share.
A consortium led by Bahrain Telecommunications Company (Batelco) is set to acquire Indian mobile phone company Reliance Communication's (RCom) 80 percent stake in its subsidiary for $1.1 billion.
Enaltus acquires ScarAway to expand its skincare products. Enaltus has recently acquired the properties of Mitchell-Vance Laboratories. Mitchell Vance is a portfolio firm of the HealthEdge Investment Fund LP based out of Tampa Florida.
OTK Associates LLC, the largest shareholder of Morgans Hotel Group Co. is evaluating all legal rights and remedies over the Morgans' agreements with The Yucaipa Companies.
The Macquarie Capital purchase of Advantage is under review by antitrust regulators. US regulators are reviewing the consent decree that allowed Macquarie Group Ltd to purchase Advantage rental brand from Hertz Global Holdings.
Topspin Partners sells off its interest in Utrecht Art to Blick Art. Multi-channel retailer, Blick Art Materials, has purchased shareholdings in Utrecht Art Supplies.
For Eur 176 million Oriola-KD purchases Medstop Group Holdings AB. Oriola-KD Hilding Sverige AB has agreed to acquire Medstop Group Holding AB from Segulah Management IV Ltd.
