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Piovan buys majority stake in Italian material handling equipment maker Penta

2015-01-27 18:47:30| Canadian Plastics Headlines

Italy-based auxiliary equipment company Piovan has bought a majority stake in the Italian materials handling company Penta. According to a statement from Piovan, the acquisition is a further important step in completing the range of solutions in the plastics sectors… The post Piovan buys majority stake in Italian material handling equipment maker Penta appeared first on Canadian Plastics.

Tags: material equipment italian handling

TPG Real Estate buys stake in $2.5 bln loan portfolio from Deutsche Bank

2015-01-12 13:52:03| Trucking - Topix.net

TPG Real Estate has acquired a majority stake in a $2.5 billion portfolio of high-yield real estate loans from Deutsche Bank's Special Situations Group . TPG will acquire 75 percent of the portfolio, while Deutsche Bank will retain 25 percent.

Tags: real estate bank real estate

Icahn buys Manitowoc Co. stake, will urge breakup

2014-12-29 17:45:42| Industrial Machines - Topix.net

Billionaire activist investor Carl Icahn on Monday revealed that he now has 7.7 percent interest in The Manitowoc Co. Inc. and will call for the company to split its crane and food-service divisions into separate companies.

Tags: urge buys stake breakup

Wanda buys controlling stake in 99 Bill

2014-12-29 09:49:00| Telecompaper Headlines

(Telecompaper) Chinese entertainment conglomerate Wanda Group has bought a controlling stake in third-party payment provider 99 Bill, Reuters reported, saying sources valued that deal at more than CNY 2 billion. The Beijing-based conglomerate is diversifying into e-commerce as it seeks to maintain profitability during China's property downturn.

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