Global investment firm KKR is set to buy 10.4% stake in Indonesia-based agri-food company Japfa for $81.2m. As part of the deal, Japfa will place 750 million new shares to KKR via a private placement at about $52.9m. Concurrent with the ...
Tags: Japfa group, agri-food
Tsinghua Unigroup of mainland China announced on Dec. 11 to acquire a 24.9 percent holding in Siliconware Precision Industries Co., Ltd. (SPIL) and a 25 percent stake in ChipMOS Technologies (Bermuda) Ltd. for total cost of NT$68.8 billion ...
Tags: Tsinghua Unigroup, semiconductor, Processing Machinery
China could struggle to meet its 2020 nuclear energy targets with the industry still waiting on a cautious government to speed up the approval process, a senior industry executive said on Saturday. But as it waits for domestic projects to ...
Tags: Nuclear Industry, Nuclear
Aker Solutions agreed today to sell its well-intervention services business area to EQT, a Swedish private equity fund, for an enterprise value of NOK 4 billion. The agreement includes an earn-out provision where Aker Solutions will ...
Tags: Metallurgy, Mineral, Energy
US investment bank Goldman Sachs is said to have sold out shares controlled in Chinese automaker Geely Automobile Holdings Ltd. (SEHK: 0175). Sources said on October 8 that Goldman Sachs would sell a total of 580 million shares ...
Tags: Auto, Transportation
Dairy Crest chief executive Mark Allen has netted £328,751, after selling shares in the firm to fund the purchase of a new family home following his recent divorce. Mark Allen earned £328,751 from the share sale to buy a new ...
Tags: Agriculture, Food
Hindusthan National Glass and Industries Ltd (HNGIL) has decided to cancel the proposed private placements of shares worth Rs 220 crore to three domestic investors. L.N. Mandhana, Senior Vice-President and CFO of the company, told ...
Tags: Construction&Decoration, Glass
Two Chinese firms will debut on the Stock Exchange of Hong Kong this month. They are China Galaxy Securities Co., Ltd. and Sinopec Engineering (Group) Co., Ltd. The former formally triggered the share sale on May 6 and the latter is ...
Tags: Launch IPO, Sinopec Engineering
The Royal Bank of Scotland Group (RBS) is intending to dispose of 15.3% shares in its motor insurance startup, to boost its capital base ahead of regulators’ deadline. Representing nearly 229.4 million shares, the share sale will be ...
Tags: RBS, shares, motor insurance startup
Steering system supplier Nexteer plans to IPO get into the stock market in Hong Kong, and it may raises capital fund of US$500mn. Two people familiar with the situation released, Nexteer has submitted application for the sale of shares ...
Samsung will acquire 3% of Sharp for 10.4 billion yen (HK$856.8 million) to secure liquid crystal displays for smartphones and televisions. It is emphasising OLED technology that offers sharper, brighter images while consuming less power. ...
Tags: Samsung, Sharp, OLED technology
An Iraqi telecom company raised nearly $1.3 billion Sunday on Baghdad’s small stock exchange in one of the region’s biggest share offers in years — a sign of investor confidence in the fledgling private sector despite ...
Tags: Iraq, Stock Sale, Investor, Confidence
Asiacell’s share sale has been fully subscribed before its closing date, according to the IPO’s organizer. Shwan Ibrahim Taha, chairman of Rabee Securities, confirmed to Bloomberg News: “The offering is now comfortably ...
Tags: Asiacell, share sale, company news
Asiacell‘s $1.35 billion share sale will be fully subscribed, bookrunner Rabee Securities has told Reuters. Shwan Ibrahim Taha, chairman Rabee Securities, said: “I knew there would be interest, I just didn’t know how ...
Tags: Asiacell, IPO, Rabee Securities
Swiss bank UBS is planning to take legal action against Nasdaq OMX Group to recoup losses it made related to the Facebook IPO, the company said on Tuesday as it reported its second quarter results. As a result of "the gross mishandling of ...
Tags: UBS, legal action, Nasdaq OMX Group, Facebook IPO