In a bid to capture middle class travel in Southeast Asia, Indonesian airline PT Mandala Airlines is set to spend $1.6 billion to buy 18 Airbus A320 planes by 2014.
Sectors
Temasek Establishes Pavilion Energy Pte Ltd
Pavilion Energy Pte would be investing in LNG related industries. The sovereign wealth fund of Singapore, Temasek Holdings Pte Ltd has established a new investment fund focused on liquefied natural gas.
MF Global Liquidation Plan Approved
MF Global has obtained approval of its liquidation plan under the leadership of former FBI Director Louis Freeh.
Fariway Market is offering IPO of its shares
Fairway Market, from its humble beginnings as a fruit and vegetable stand, can now stand to be worth US$495 million.
Blackstone sets Dell visit as part of due diligence in its buyout bid
The scheduled visit of Blackstone Group to Dell’s headquarters on Monday sends a strong signal that the firm is firming up a bid that could upset the $24.4 offer of founder Michael Dell.
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The government is seeking venture capital financing for growth without affecting its bottom line. Finland is maximizing venture capital financing as a means to spark the economy out of the doldrums without affecting its current AAA ratings.
Kenya based Catalyst Principal Partners is searching for investments for its US$125 million fund. Catalyst Principal Partners, a private equity firm based in Kenya, is eyeing to make investments using a US$125 million fund with a partnership seeking to maximize real estate deals.
Funding has been increased for EveryMove as well as availability of the app in Android's Play Store.
Petronas, whose real business name is Petroliam Nasional Bhd, offered higher price to buyout shipping company.
Diageo is improving its acquisition offer of United Spirits of India. Diageo, the UK drinks company has raised its bid offer for United Spirits of India through a public offer.
In anticipation of a housing shortage and the prospect of higher returns, some 30 institutions plan to invest $11 billion on rental homes in Britain.
Hilco acquires HMV from its administrators. Hilco, the restructuring specialist recently announced that it had acquired British entertainment retailer HMV.
Taminco is now set to offer its IPO. The chemical company owned by Apollo Global Management, Taminco Corp recently announced that it would be selling 15.
Blackstone to do due diligence on Dell. A contingent from the Blackstone Group would be visiting Dell's corporate headquarters on Monday to conduct a proper due diligence on the company according to anonymous sources.
