SINGAPORE: CapitaLand Retail China Trust Management Limited, manager of CapitaLand Retail China Trust (CRCT) has planned an equity fundraising comprising an offering of new units in CRCT to raise gross proceeds of S$300 million. CapitaLand has proposed a private placement…
DENVER: Lion Equity Holdings acquired T-Y Group and Harbor Linen from Bed Bath & Beyond Inc. TY-Harbor distributes quality linens, terry, amenities, case goods and apparel to world-class businesses in the global hospitality and healthcare industries. TY-Harbor will be merged…
LONDON: Randall & Quilter Investment Holdings Ltd. (R&Q) has reached agreement to merge its wholly owned subsidiary, Sandell Re Ltd. with Tradesman Program Managers, LLC. in return for a 35% interest in the combined entity. The transaction is subject to…
LONDON: San Leon Energy announced that it is investing US$15 million in Energy Link Infrastructure (Malta) Limited (ELI), the company which owns the Alternative Crude Oil Evacuation System (ACOES) project. San Leon will also receive one seat on the board…
LONDON: Premier Oil Plc has signed sale and purchase agreements (SPAs) with BP for the acquisition of BP’s interests in the Andrew Area and its Shearwater assets, reflecting the amended terms announced by the company on 5th June. This follows…
NEW YORK: U.S. insurance companies for a fourth-straight year increased their private equity holdings by nearly 10% in 2019 to $81.3 billion as this asset class remains attractive to insurers looking to diversify their investment portfolios or increase returns in…
SYDNEY, AUSTRALIA: New Energy Solar has agreed to sell a 50% interest in Mount Signal 2 (MS2) for US$52 million subject to final confirmatory due diligence, completion of binding documentation, and a performance-linked payment structure. New Energy Solar has agreed…
SINGAPORE: DBS Trustee Limited, a trustee of Mapletree Industrial Trust (MIT), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 data centres in the United States of America currently held by Mapletree Redwood…
SINGAPORE: The Board of Prudential plc has reached agreement with Athene Holding Ltd a leading retirement services company, for its subsidiary Athene Life Re Ltd to invest $500 million in Prudential’s US business in return for an 11.1 per cent…
LONDON: Union Jack Oil, a UK focused onshore hydrocarbon company, has agreed to acquire a further 12.5% economic interest in PEDL180 and PEDL182 containing the Wressle hydrocarbon development project from Humber Oil & Gas Limited for a cash consideration of…
SINGAPORE: UAC Energy Holdings Pty Ltd, an affiliate of AC Energy, has directly and indirectly acquired a 12.82% stake in Infigen Energy Limited for AUD 90.4 million. Infigen is a renewable energy developer, generator and retailer listed in the Australian…
LONDON: Active Energy (AEG), the international biomass based renewable energy business, has entered into an agreement with its joint venture partner Renewable Logistics Systems LLC (RLS), whereby AEG will secure 100% control and ownership of the saw mill and saw…