Jul 8, 2013 | China, East Asia, News, North America, Southeast Asia
Bloomberg 8 July 2013 Goldman Sachs Group Inc. (GS) and Temasek Holdings Pte agreed to buy a minority stake in China’s Cloudary Corp. at a 25 percent lower valuation than in a previous funding round, said two people with knowledge of the matter. The private placement...
Jul 8, 2013 | News, North America
Nasdaq.com — TORONTO–Canada’s two largest pension funds are sounding out big investment firms to partner on potential, separate bids to acquire the Canadian iron-ore assets of global mining giant Rio Tinto PLC (RIO, RIO.LN), according to people...
Jul 8, 2013 | News, Southeast Asia
(Reuters) – Malaysian energy and water company Ranhill Energy and Resources Bhd on Thursday launched the bookbuilding of its up to $240 million initial public offering in Malaysia, seeking to raise funds to repay debt and for working capital, according to a term...
Jul 8, 2013 | China, East Asia, News, North America
PR Newswire GLENVIEW, Ill., July 3, 2013 — Illinois Tool Works Inc. today announced that it has acquired Gold Pattern Holdings from private equity firm Actis. Gold Pattern Holdings owns 100% of Vesta Global Ltd., which holds a 100% equity stake in Vesta...
Jul 8, 2013 | China, East Asia, News
China Daily Cash-rich Chinese companies are eyeing strong brands as a key goal when making merger and acquisition deals in Europe despite their concerns about reputation risk, a survey by international law firm Clifford Chance has said. The survey, released on...
Jul 8, 2013 | China, East Asia, News
The Wall Street Journal Chinese property developers are turning to a new source of cash—backdoor listings in Hong Kong—in response to restrictions on raising funds on the mainland and a tough market for initial public offerings in the territory. At least seven Chinese...
