Private Capital

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UPDATE 1-Norbert Dentressangle to buy US-based Jacobson for $750 mln

PARIS, July 31 - French logistics group Norbert Dentressangle is to buy U.S.-based Jacobson Companies from private equity fund Oak Hill Capital Partners in a deal worth $750 million aimed at giving it critical mass in the United States.

Norbert Dentressangle to buy US-based Jacobson for $750 mln

PARIS, July 31 - French logistics group Norbert Dentressangle said on Thursday it would acquire U.S.-based Jacobson Companies from private equity fund Oak Hill Capital Partners in a deal worth $750 million.

Regulatory News 11:32am IST

Solvay sells U.S. Eco Services unit to CCMP Capital

BRUSSELS, July 31 - Belgian chemicals group Solvay said on Thursday that it agreed to sell its U.S. based sulphuric acid production unit Eco Services to private equity group CCMP Capital.

11:01am IST

BRIEF-Solvay to sell U.S. based eco services business unit to CCMP Capital

July 31 - Solvay S.A. : Solvay To Sell Its Us based eco services business unit to ccmp capital

Regulatory News, 10:55am IST

Alibaba-Wanxiang, Fosun-Juneyao partnerships hope to set up private banks -Securities Times

SHANGHAI, July 31 - Two Chinese partnerships, one of which involves Alibaba Group Holdings Ltd's financial services affiliate, are still hoping to get private banking licences after missing the initial batch of approvals for China's very first private lenders, the Securities Times said on Thursday.

IPOs, Regulatory News 9:09am IST

PHILIPPINES PRESS-Philippine Airlines buyout seen in Q3 - Star

Philippine conglomerate San Miguel Corp is hopeful that its bid to buy out its Philippine Airlines partner, the Lucio Tan Group, would be completed within the third quarter so as not to derail improvements in the carrier's financial performance, the Philippine Star newspaper quoted the president of San Miguel and PAL as saying.

6:19am IST

Khosla-backed startup hopes to bring doctors to patients' mobiles

SAN FRANCISCO, July 30 - HealthTap Chief Executive Officer Ron Gutman believes paying the doctor a visit is expensive and time-consuming. So why not bring the doctor to the patient - digitally?

5:14am IST

As Abenomics halo slips, Tokyo IPO investors press for value

TOKYO, July 31 - At the New York Stock Exchange last September, buoyed by high hopes for Japan's economic revival, Prime Minister Shinzo Abe urged Wall Street to "Buy my Abenomics!" Amid sagging growth and Tokyo listing flops, investors are now looking for a discount.

IPOs, Regulatory News 2:30am IST

UPDATE 2-Carlyle's second-quarter earnings double

* Q2 distributable earnings of $324 mln vs $163 mln yr-ago

Regulatory News, 30 Jul 2014

UPDATE 2-CME to buy GFI Group for energy and FX units

July 30 - CME Group Inc, the world's largest futures exchange operator, will buy derivatives broker GFI Group Inc to expand its reach in the European energy and global foreign exchange markets, CME said on Wednesday.

Regulatory News, 30 Jul 2014
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Some WTO members discussing customs deal without India - sources

REUTERS - A group of World Trade Organization (WTO) members has informally discussed adopting a global overhaul of customs rules without India if New Delhi goes ahead with threats to block the deal, sources familiar with the talks said on Thursday.

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