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TPG Real Estate Fund II raises over $2 bln

2015-10-07 15:44:29| Trucking - Topix.net

TPG Real Estate said Wednesday that its second fund closed with over $2 billion of equity commitments. Investors of TPG Real Estate Partners II include public and private pension funds, sovereign wealth funds, insurance companies, and other institutional investors.

Tags: real estate real estate fund

 

Inventec targets revenues to over USD 20 bln in 2017

2015-10-07 13:44:00| Telecompaper Headlines

(Telecompaper) Inventec expects to achieve revenues of USD 20 billion in 2017. Revenues for 2015 are expected to be flat year-on-year or slightly decline from TWD 435.6 billion (approximately USD 13.4 billion) in 2014, DigiTimes reports citing Inventec chairman Richard Lee. The statement was made at the World Electronics Forum on 5 October.

Tags: usd targets revenues bln

 
 

Telenor to sell VimpelCom stake; Q3 impairment NOK 7.5 bln

2015-10-05 11:45:00| Telecompaper Headlines

(Telecompaper) Telenor Group said it is to divest its entire 33 percent stake in VimpelCom and fully focus on creating value in its core operations. Svein Aaser, chairman of Telenor's board of directors said its minority stake and lack of ability to fully control Vimpelcom had been challenging. As a result of today's announcement, Telenor will not convert its VimpelCom preference shares into common shares.

Tags: sell nok stake impairment

 

UPDATE 2-Norway's Telenor puts $2.3 bln Vimpelcom stake up for sale

2015-10-05 10:48:17| IT Services - Topix.net

Norwegian telecoms firm Telenor wants to sell its 33-percent stake in Vimpelcom , currently valued at $2.3 billion, the latest move by a Nordic telecoms firm to sever ties with a business facing a bribery investigation. Last month Swedish telecoms company TeliaSonera said it would leave seven nations in Asia and eastern Europe after years of probes into alleged corruption linked to local partners and problems accessing cash.

Tags: sale update puts stake

 

Teva Pharm to buy Mexican drugmaker Rimsa for $2.3 bln

2015-10-02 04:40:14| Biotech - Topix.net

Teva Pharmaceutical Industries has struck a deal to buy Mexican drugmaker Representaciones e Investigaciones Medicas SA for $2.3 billion to strengthen its presence in Latin America. It is Teva's second major acquisition in recent months.

Tags: buy mexican pharm teva

 

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