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Private equity firms eye bids for Optus - report

2013-05-29 11:06:00| Telecompaper Headlines

(Telecompaper) Private equity companies Carlyle Group and KKR are among those lining up bids for SingTel's Australian subsidiary Optus Satellite, reports Reuters citing unnamed people familiar with the matter. Optus Satellite is valued at more than AUD 2 billion (USD 1.9 billion). SingTel is facing weak growth in its key markets of Singapore and Australia, and could use funds from a sale to invest in faster-growing businesses. The sources said that Blackstone Group, Eutelsat Communications and Providence Equity Partners are also expected to make bids, with SingTel understood to be inviting first round offers by 14 June. Optus sells TV, telephony and broadband services to more than 2 million subscribers in Australia and New Zealand.

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Jura Energy Completes $4MM Private Placement

2013-05-28 17:20:00| OGI

ARK Point Advisors FZE was strategic and financial advisor.

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Bonavista Closes $225MM Private Placements

2013-05-28 17:05:00| OGI

Proceeds were used to repay a portion of outstanding bank debt.

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Japan's private sector keen on joint investment in Thailand

2013-05-26 06:18:59| Automakers - Topix.net

Japanese businessmen who met with Thai Prime Minister Yingluck Shinawatra have shown their interest in investing in various major projects in Thailand.

Tags: private investment sector joint

 

Traverse Energy Plans Private Placement

2013-05-24 15:40:00| OGI

Proceeds will be used to fund a portion of its exploration and drilling activities in Alberta.

Tags: private plans energy placement

 

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