Sectors

Asian REITs improved. REITs or real estate investment trusts in Asia are improving. In Hong Kong, the New Century REIT debut with a gain of 0. 6%. This REIT was backed by the Carlyle Group.

The European Union plans to set aside US $22 billion to finance research for various industries. The European Union recommended a US $22 billion (Eur 17.

Warner Brothers' last minute bid for Thomas Tull failed to lure the producer; NBCUniversal succeeded.

Heidi Poon was hired as TorreyCove's new vice president. TorreyCove Capital Partners, a multinational private equity firm and real assets investment consultancy company, announced today that it hired Heidi Poon for the position of vice president.

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The Indonesian coal producer is close to completion of a deal pegged at US $500M that will mark Bakrie's exit.

China announced handing over audit documents of Chinese firms listed on the US stock exchanges to the United States regulators.

Polaris Private Equity acquired HTC Sweden. A private equity firm, Polaris Private Equity, acquired HTC Sweden AB. The acquired company is a floor grinding systems and surface preparation equipment manufacturer from Sweden.

AT&T Inc-Chernin Group and DirecTV offered Hulu LLC US$1 billion each. Hulu LLC, an online video service, received US$1 billion worth of offer each from AT&T Inc.

Empire East Land Holdings Inc said that it already started preliminary talks with billionaire Kazuo Okada on his possible lot purchase for a resort and casino complex in Manila.

Total number of investments increased 8.33%, according to a MENA report. According to a the 2012 Private Equity and Venture Capital in the Middle East Annual Report, the total number of investments rose 8.

India’s Flipkart announced last Wednesday that it has raised US$200 million worth of fund from a clutch of private equity firms who were also existing investors in the company.

The absence of clear labor policies would prompt Fiat to move the production of Alfa Romeo outside of Italy.

Genting Hong Kong’s Philippine Travellers postponed its IPO due to negative market conditions stinging emerging markets.

The Indian Telecom Ministry will release guidelines for mergers and acquisitions by the end of the month.