TPG Capital to pay Bob Ingham Aus$ 1 billion for Ingham Enterprises. Bob Ingham announced Saturday that TPG Capital, a private equity firm, won the bidding for the acquisition of Ingham Enterprises, Australia's largest poultry firm.
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Amtek Auto to Purchase German Unit
Amtek Auto purchases Neumayor Tekfor Group of Germany. Backed by investors Warburg Pincus and ChrysCapital, Arvind Dham's Amtek Auto Ltd has finalized negotiations to purchase the business interests of Neumayer Tekfor Group of Germany.
Krono to list Corp Bonds in GXG Exchange
Krono lists Distressed Asset Bonds in Danish bourse. Krono Partners PLC has announced that it would be introducing its distressed asset bonds for listing on the GXG Market.
Walter Energy to cut budget sell assets
Walter Energy set to sell assets and cut budget for 2013. In the middle of a disagreement with a British investor who is calling for the replacement of majority of the board members, Walter Energy Inc mentioned plans of shutting down mines that are not generating income.
Hostess Creditors and Buyout Firms Interested in Twinkies
Hostess Brands now being bidded on. The main creditor of Hostess Brands, Silver Point Capital and hedge fund firm Hurst Capital have expressed interest in purchasing Hostess snack cakes brands according to a report by the New York Post.
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Pantaloon has agreed to shed off its 22.5% in a life insurance venture it has with Italian Assicurazioni Generali.
Private equity companies are calling to the Japanese government for the limited role of the country's two largest government funds which have been successful in taking over companies.
The interest of CVC Capital Partners is being sold in the market drawing much interest. CVC Capital Partners, who is backed up by Och-Ziff Capital Management Group LLC and Schroders, the asset manager, has raised US$200 million in pledges.
Kroenke Sports & Entertainment LLC has delivered a counter $8.75 per share proposal to buy Outdoor Channel Holdings, which had already received offer from rival Leo Hindrey's InterMedia.
The bids for the buyout sale of energy metering company Ista, worth around 3 billion euros, are set for the week of March 18
Royalty Pharma has expressed confidence in its bid to buy out Irish drugmaker Elan, saying that its takeover offer is an attractive alternative.
Funding from equity firms raised by Grameen Koota. Grameen Financial Services Pvt Ltd is a microfinance firm more known as Grameen Koota. In its third round of equity fund raising, it was able to raise Rs 53.
An investor group led by Leonard Blavatnik, owner of Warner Music, is investment $60 million to Beats Electronics LLC which plans to launch a music subscription service.
Nasdaq and SharesPost to create new market for privately held securities. A new marketplace for shares trading of unlisted companies would be rolled out as a joint venture between Nasdaq and SharesPost Inc.
