Atlas Pipeline's acquisition of TEAK Midstream recently concluded. Atlas Pipeline Partners, L. P. disclosed today that the earlier announced acquisition of TEAK Midstream, LLC, has already concluded and effective date of purchase is 1st of April 2013.
Articles by Marc Castro
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Ashford Hospitality purchases the Pier House Resort for US$90 million cash. The Ashford Hospitality Trust, Inc. announced today that it has already inked a final contract to purchase the Pier House Resort and Caribbean Spa in Key West, Florida that has 142 rooms for an estimated amount of US$90 million cash.
Darby's DLAMF II invests US$15 million in Alta Rail Technology. Darby Private Equity, the equity unit of Franklin Templeton Investments, had announced that it has completed an investment wortth US$15 million in Alta Rail Technology.
MaRS welcomes Salim Teja as ICE Sector Program Managing Director. In an announcement from the MaRS Discovery District, it was happy to disclose the appointment Salim Teja as the ICE Sector Program's Managing Director.
Granite Partners invests in SIM Digital which in turn uses the investment to purchase PS Production.
OMERS acquires Civica from 3i for GBP390 million. The Ontario Municipal Employees Retirement System's private equity investment unit OMERS Private Equity has completed the purchase of Civica from private equity firm 3i.
Comvest Partners with Kayne Anderson opens a US$24 million loan facility for SCG Financial Acquisition.
Quicksilver Resources withdraws its IPO because of weak natural gas liquid prices. In a bittersweet move, Quicksilver Resources has withdrawn its IPO plans because of weak natural gas liquid prices.
Octopus leads funding round for TrialReach totalling GBP2 million. In an announcement today by Octopus, it disclosed that it headed the growth finances round of TrialReach by GBP2 million.
Additional financing was obtained by FoodPanda for its delivery services. The Berlin based online food delivery business, Foodpanda, was able to obtain a US$20 million additional funding as reported by Reuters.
Canopus and Transentia joined by Alacrita to form a new company. The consulting firm on transatlantic life science, Alacrita combined the expertise of two consulting firms on life science performance and named Dr.
SMBC formalizes acquisition of 40% of BTPN. Sumitomo Mitsui Banking Corp has agreed to acquire nearly 40% of BTPN the Indonesian financial institution.
Takeda purchases Inviragen for a total of US$250 million. In a joint statement of Inviragen, Inc and Takeda Pharmaceutical Company Limited, it disclosed that Takeda's fully owned company,Takeda America Holdings, Inc, have entered into a final acquisition agreement.
ING is now divesting assets and undertaking cost cutting measures in order to comply with bailout requirements.
More and more hedge funds are infusing money into cash strapped municipal governments. In the last twenty years, specialized private equity firms have lorded corporate bankruptcies, being called 'vultures' and at the same time infusing capital for these distressed companies.
Dangote to build refinery with funds Africa's wealthiest man, Aliko Dangote, announced that he has negotiated loans amounting to US$4. 25 billion to fund the construction of a refinery to help the African continent's biggest crude oil producer be weaned from gasoline imports.
Katara Hospitality is set to acquire an unnamed hotel in London. Katara Hospitality of Qatar is nearing the completion of the acquisition of its first hotel property in London.
Qatar Petroleum would do IPO for four companies it now owns. In a statement, Executive Board Member of Qatar Holding said the state owned Qatar Petroleum would be offering shares in four of its units in the next few years.
Statkraft AS sells interest in German power producer EON SE. The biggest utility company in Norway, Statkraft AS has sold off its 4. 2% shareholdings in EON SE, the largest power producer in Germany.
Almarai Co is to offer nearly US$500 million debt bonds for its expansion program. Almarai Co is a Saudi Arabian food conglomerate that is currently operating a joint venture project with PepsiCo Inc.
Reconstituted tobacco leaf related companies from Norway's portfolio fund. The sovereign wealth fund of Norway, which is also the world's largest, has excluded Schweitzer-Mauduit International Inc and Huabao International Holdings Ltd from its corporate portfolio due to their involvement with tobacco production.
Health Care REIT acquires 75% of shareholdings, including debt and prepares for the IPO. Health Care REIT has agreed to pay Revera Inc, the Canadian senior housing operator, the amount of US$697 million in cash in exchange for a majority ownership in the 47 senior housing communities it operates.
PT Pembangunan Deltamas to do IPO for the third quarter of the year. PT Pembangunan Deltamas, the Indonesian industrial parks operator, is seeking to raise nearly US$250 million through an initial public offer scheduled for the third quarter of 2013.
Yahoo's Marissa Meyer sought to end the search ad agreement with Microsoft and opt for Google's very own.
China Mengniu Dairy Co Ltd purchases shareholdings in China Modern Dairy Holdings. The China Mengniu Dairy Co. Ltd has recently entered into an agreement to purchase US$410 million shareholdings in the largest unpasteurized milk producer in China.
Petronas of Malaysia has purchased a stake in a Brazilian oil field owned by Eike Bautista. Petronas, the state backed Malaysian oil company Petronas has entered into an agreement to pay US$850 million for a stake in an oil field located offshore in Brazil.
Apollo Global's two founders and other cornerstone investors have committed to sell off part of their shareholdings.
Coty, the fragrance and nail polish maker, is preparing for an IPO. Nearly US$700 million is expected to be raised for the initial public offer of Coty.
Berkshire Hathaway increases shareholdings in DaVita Health Care. Berkshire Hathaway, the largest investor in DaVita Health Care Partners Inc, has entered into an agreement to increase its shareholdings to 25% of the US operator of dialysis clinics.
SoftBanks's CEO may meet a cold reception when their founder and president meets with Sprint shareholders.