Huaxin subsidiary to buy 20% of Shide Golden Eagle Cement, China

Huaxin subsidiary to buy 20% of Shide Golden Eagle Cement, China

Cemnet.com Huaxin Cement announced that its wholly-owned subsidiary Huaxin (Hong Kong) International Holdings, has signed an agreement with Starry Cosmos Group Ltd to acquire a 20 per cent equity in the latter’s Shide Golden Eagle Cement (Hong Kong) Co. Shide Golden...
Goldman, Temasek Said to Invest in Shanda’s Cloudary

Goldman, Temasek Said to Invest in Shanda’s Cloudary

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...
CPPIB, Caisse de Depot Mull Bids for Rio Tinto Assets

CPPIB, Caisse de Depot Mull Bids for Rio Tinto Assets

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...
Ranhill Energy launches bookbuilding of $240 mln Malaysian IPO

Ranhill Energy launches bookbuilding of $240 mln Malaysian IPO

(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...
Illinois Tool Works Acquires Chinese Food Equipment Business

Illinois Tool Works Acquires Chinese Food Equipment Business

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...