Sulaiman Al-Habib (HMG) and Almana General Hospitals have engaged the services of separate banks to assist in its IPO listing.
Private Equity
Latin Idea Ventures invests in Linio
Latin Idea Ventures led the USD 50 million financing round of e-commerce platform Linio. Mexico-based venture capital firm Latin Idea Ventures invested in e-commerce startup Linio.
Two Chinese banks do IPO in Hong Kong bourse
Hong Kong bourse recently listed Huishang Bank and Bank of Chongqing. A record HKD9. 21 billion or USD1. 19 billion was raised from its Hong Kong IPO for Huishang Bank after it had fixed the price slightly above the lowest rung in its price range at HKD3.
Premier Foods seeks investment boost for Hovis
Heavily indebted UK bread manufacturer Premier Foods announced that it is looking for investors for its Hovis brand.
Top deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Wednesday The following bids, mergers, acquisitions and disposals were reported on Wednesday:Germany's Siemens agreed to sell the bulk of its water technologies business to private equity group AEA Investors for 640 million euros ($862 million).
Latest News
PurThread Technologies raised USD7 million for its latest equity funding round. Renowned textile firm PurThread Technologies recently announced the closure of its latest equity funding round with pledges amounting to USD7 million.
Chinese M&A activity was slow due to its country's leadership change while Japan and Thai tycoons led the way in 2013.
Zamin Ferrous purchases Anglo American shareholdings in Amapa iron ore mine in Brazil. The mining consortium established by Pramod Agarwal, Zamin Ferrous, had completed the purchase of the Amapa iron ore mine located in Brazil.
SFW Capital Partners made a strategic investment in California-based Industrial Dynamics Company (DBA Filtec) for growth and product expansion.
Private equity firm Solis Capital Partners backed Horizon Communications, a telecommunications and electrical infrastructure provider.
Avante Mezzanine Partners helped finance TechDevice Holdings' acquisition of AdvancedCath Technologies with debt and equity.
Terascala secured additional undisclosed investment from existing and new investors in a round led by Ascent Venture Partners, Harborlight Capital Parters and Thomas Weisel Partners.
CyPhy secured USD7 million from Lux Capital and other investots, which will be used to build flying robots with secure communication lines.
Centerview Capital invests in distiller of premium moonshine Ole Smoky Tennessee Moonshine. Private equity firm Centerview Capital made a significant equity investment in Ole Smoky Tennessee Moonshine.
