Kering Acquisition Means Growth For Pomellato

Jul 17, 2013 | France, News

Forbes French holding company Kering said Thursday it has completed its acquisition of Italian jewelry company, Pomellato, first announced in April. Both companies say this agreement means the jewelry brand will be able to further increase its international...

SGSB acquires 100% KSL, KSE and KSA for €18.5 million

Jul 17, 2013 | News

Nbd.com.cn To acquire the 3D printing technology, SGSB purchased the German companies KSL, KSE and KSA (K group) for €18.5 million (around $23.8 million) and will provide another €11.62 million (around $15 million) loan to the shareholders for further development of...

7 Days Group Expects to Go Private Soon

Jul 15, 2013 | News

Yicai.com 7 Days Group Holdings Limited SVN will possibly complete the privatization and get delisted from the New York Stock Exchange (NYSE) within a month. The buyer group formed by founder of 7 Days, Carlyle Group and Sequoia Capital China has secured USD 120...

7 Days Group Holdings Limited Announces Completion of Merger

Jul 15, 2013 | News

PR Newswire 7 Days Group Holdings Limited, a leading economy hotel chain based in China, today announced the completion of the merger contemplated by the previously announced agreement and plan of merger between Keystone Lodging Company Limited, Keystone Lodging...

Shanghai RAAS will buy Banghe Pharma for RMB1.8 billion

Jul 15, 2013 | News

Cnstock.com Shanghai RAAS Blood Products will issue a total of 93,652,444 shares, at a nominal price of RMB 19.22 per share, to acquire a 100% stake in Banghe Pharma. The shares value Banghe at 1.8 billion RMB ($290 million). Both companies make biologic...

KKR raises record $6bn for second Asian buyout fund

Jul 15, 2013 | News

Financial Times KKR has raised a record $6bn for its second big Asian buyout fund in a sign that investors are confident the New York private equity group can build on its successful record in the region. The size of the fund trumps competitors, including TPG, which...