Fullerton, an investment fund run by Singaporean sovereign wealth fund Temasek Holdings, has acquired 5 million shares in Bollywood film distributor Eros International at USD11 apiece.
Tags: London
UK investor Vitruvian raises USD1.6 billion in fundraising for second fund
UK-based independent private equity firm Vitruvian Partners closed USD1.6 billion (EUR1.2 billion) in a fundraising round for its second fund, the Vitruvian Investment Partnership II (VIP II).
India's Airtel raises EUR750 million in bond issue
India-based mobile operator Bharti Airtel has raised EUR750 million in a bond issue that received bids worth EUR3.8 billion. The bond issue aimed to refinance the company's existing debt.
Bridgepoint agrees to Cambridge Education deal
European private equity company Bridgepoint has agreed to acquire pre-university training firm Cambridge Education Group (CEG) from London-based investor Palamon Capital Partners for GBP185 million.
DAMAC raises USD348 million in London listing debut
Dubai property firm DAMAC raised USD348 million in its first trading day in the London Stock Exchange. A week ago, DAMAC reduced the deal size to USD400 million and fixed the final price at USD12.25 per global depositary receipt (GDR).
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US firm Aurelius Capital Management sold its stake in Britain's Co-operative Bank to London hedge fund Perry Capital days after the private life of the bank's former chairman, Reverend Paul Flowers, was exposed.
London-listed Hochschild Mining Plc plans a USD350 million bond issue to finance its expansion projects in Peru and Chile. It intends to invest USD372 million in a silver mine project in Peru and USD1 billion in a gold project in Chile.
The auction frenzy seen in Hong Kong's latest auctions by Christie's International Plc was not caught on in London, wherein seven of the 24 lots put up for sale did not attract bidders.
German bank Deutsche Bank AG is reportedly negotiating the sale of Tilney Investment Management to British private equity firm Permira. Permira has beaten other rival bidders for Tilney, including Brown Shipley & Co.
US-based crowd-shipping mobile app Friendshippr closed USD670,000 in funding from angel investors in Dubai to connect consumers to Facebook friends who will help transport items for them.
Hong Kong-based private equity firm Gaw Capital Partners acquired Waterside House, a 237,800-square foot commercial property located in London, on behalf of Korean institutional investors.
Liquified petroleum gas transporter and distributor Navigator Holdings Ltd. raised USD228 million in its public float. Owner of the world's largest gas fleet, Navigator sold a total of 12 million shares priced at USD19 apiece.
Three financial sources said Russia-based oil firm Bashneft selected Morgan Stanley, Sberbank, and Barclays as global coordinators for the company's planned secondary listing in London.
Texas-based national developer and investor Hunt Companies Inc announced the successful acquisition of Centerline Holding Company in a deal that increased Hunt's assets in management to USD24.8 billion.
