Singapore's CapitaMalls Asia Ltd. said it would buy a shopping mall located in Guangzhou, China for USD361 million. CapitaMalls Asia would purchase the said property from Chinese Greenland Real Estate.
Private Equity
WSJ report says private equity to make a comeback in Spain, Italy
The Wall Street Journal said private equity firms may soon be returning to Spain and Italy. The report cited data from Preqin and the information presented given by several sources.
Charter hall completes equity raising for Rosebud Plaza acquisition
Charter Hall Retail REIT completed a fully underwritten USD80 million institutional placement for the partial funding of its Rosebud Plaza acquisition, according to the company's statement to the Australian Securities Exchange.
Billionaire backer confident Aereo Inc can get 35% share of U.S.
Billionaire and IAC/InterActiveCorp Chairman Barry Diller said Aereo Inc may get as much as 35% of US households to use its service once it overcomes the lawsuits filed against it by broadcasters.
CapLinked secures USD 1 million in expansion round
Subtraction Capital, FF Angel, 500 Startups and other investors supported CapLinked, a cloud-based platform for business, with a USD 1 million investment in its expansion round.
Latest News
Bank of America Merrill Lynch or BofAML has topped Citibank and Morgan Stanley in executing deals in India for the past 11 months, completing transactions worth USD 7.96 billion.
Tyra Banks has invested an undisclosed amount on Locket, a mobile advertising app made for Android smartphone lockscreens, through her company's investment arm Fierce Capital.
Vertical ecommerce portals or retailers that sell only one category of healthcare products are getting the support of investors, according to a report on The Economic Times.
Institutional fund manager La Caisse de dépôt et placement du Québec and investment firm BMO Capital Partners invested USD 20 million in Nautilus Plus, a Quebec-based fitness center chain owned by Novacap.
Denise Nappier, Connecticut's state treasurer, is considering to make a USD125 million investment in Apollo Global Management's Fund VIII. Fund VIII has already raised more than its USD12 billion target.
Ontario Teachers' Pension Plan, Canada's largest single-profession pension plan, said it would be buying British Burton's Biscuit Co. for an unspecified amount from the Canadian Imperial Bank of Commerce and affiliates of Apollo Global Management.
Companies in India closed 360 private equity deals in the January-October period of this year. The total value of private equity deals amounted to USD8.9 billion.
German investment firm DEG bought a stake in Kenyan Chase Bank worth USD10 million. Chase said DEG's investment will be used to finance their expansion, including the creation of new outlets.
CDC Group said they would be backing New Delhi-based renewable energy developer Green Infra Ltd with a USD 25 million investment to enhance the latter's production capacity.
