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UK private car sales jump in best May since 2005 - SMMT

2013-06-07 04:47:49| Auto Dealers - Topix.net

British consumers bought more cars last month than in any May since 2005, and overall car sales including company fleet purchases rose 11 percent on a year ago, adding to signs the economy is getting going faster than its European peers.

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Private Investor Picks Up Queen Apartment Property for $3.2M

2013-06-07 03:06:00| National Real Estate Investor

A private investor has paid $3.2 million to acquire 3124 32nd Street, a 17-unit apartment property located in Queens, N.Y. read more

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Jarden Corporation Announces Proposed Private Offering of $250M Senior Subordinated Convertible Notes

2013-06-06 23:41:31| Appliances - Topix.net

Jarden Corporation today announced that it intends, subject to market and other conditions, to offer $250 million in aggregate principal amount of Senior Subordinated Convertible Notes due 2019 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended .

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Public Mobile bought by private equity firms

2013-06-06 16:51:00| Telecompaper Headlines

(Telecompaper) Canadian mobile operator Public Mobile has announced its acquisition by Thomvest Seed Capital, the Canada-based investment vehicle of Peter J. Thomson, and Cartesian Capital, a US-based private equity firm. With the acquisition, Thomvest and Cartesian invested the first tranche of a commitment to fully fund Public Mobile to a cash flow positive position, and Thomvest became the company's controlling shareholder. Further financial details were not released. Public Mobile is the latest of the new entrants that won spectrum in 2008 to seek new owners after failing to break through on the Canadian market. Mobilicity agreed to be acquired by the operator Telus, while Vimpelcom is reportedly seeking a buyer for Wind Mobile.

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Private equity firms buy Public Mobile, say they're ready to play role in market

2013-06-06 16:29:09| Wireless - Topix.net

Two private-equity firms have acquired Public Mobile - one of the small wireless networks that emerged after the 2008 spectrum auction - and say they're ready to play a role in efforts to create a rival to the Big Three carriers.

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