To view this online go to:
http://www.empea.net/pubs/newswatch/081308.html
BlackBerry users please scroll down for story text.
 |
|
| | Home | About EMPEA | Become a Member | Contact Us | | |
Headlines
Industry News "Actis Consortium Acquires Alstom South Africa for US$700 Million" (Africa) "Enterprise Investors Buys 60 Percent of Bathroom Furniture Distributor Wema" (Central and Eastern Europe and Russia) "Aureos Has the Prescription for an Exit" (Africa) "UFG Acquires 5 Percent Stake in Russian Alcohol" (Central and Eastern Europe and Russia) "Global Opportunistic Fund I Declares Pay Out of 5 Percent" (Middle East) "Global Signs Agreement for New Cement Plant and Acquires Quarry in Tunis" (Africa) "Apollo Group Enters Mexican Education Market" (Latin America and the Caribbean) "EK Fin Acquires 34 Percent of Czech Papcel" (Central and Eastern Europe and Russia) "Concord's Equity Fund Acquires Shares in Lecico Egypt" (Africa) "Reliance Capital Plans US$1 Billion Indian Private Equity Fund" (Asia) "Kraft Foods Sells Brands and Assets in Baltic Countries" (Central and Eastern Europe and Russia) "AMP Capital Investors Raising Third Asian Focused Infrastructure Fund" (Asia) Industry Announcements IFC Call for Expressions of Interest: Mozambique SME Initiative Events EMPEA Events Industry Events Industry News "Actis Consortium Acquires Alstom South Africa for US$700 Million" (Africa) AltAssets.com (08/05/08) Private equity firm Actis leads a consortium of investors that has acquired South African electrical engineering firm Alstom South Africa for US$700 million. The consortium includes South African investment company Tiso and Old Mutual Investment Group, the private equity arm of Old Mutual. Return to Headlines "Enterprise Investors Buys 60 Percent of Bathroom Furniture Distributor Wema" (Central and Eastern Europe and Russia) Gowarsaw.eu (08/07/08) Warsaw-based private equity firm Enterprise Investors has acquired a 60 percent stake in Wema, Poland's leading bathroom retailer and wholesaler, for EUR46 million. The acquisition was made through Polish Enterprise Fund VI. Wema currently operates 18 outlets, mostly in northern Poland. The investment will help expand Wema's presence nationwide. Return to Headlines "Aureos Has the Prescription for an Exit" (Africa) Dow Jones Financial Information Services (08/08/08) Aureos Capital's East Africa Fund has sold its minority stake in Shelys Africa Ltd. to Aspen Pharmacare Holdings for an undisclosed sum. Shelys is a manufacturer and distributor of over-the-counter medicines and other pharmaceutical products throughout East and Central Africa. Aureos Capital noted it will soon achieve the first close of its new Africa Fund, which has a goal of US$400 million in committed capital. Return to Headlines "UFG Acquires 5 Percent Stake in Russian Alcohol" (Central and Eastern Europe and Russia) Kommersant (Russia) (08/05/08) P. 13 Russia-based UFG Private Equity has acquired a 5 percent stake in Russian Alcohol for an undisclosed sum. The investment was made through UFG Private Equity Fund I, established in 2005 to focus on investments in Russia and the Commonwealth of Independent States. Return to Headlines "Global Opportunistic Fund I Declares Pay Out of 5 Percent" (Middle East) Al Bawaba (08/04/08) Global Investment House has announced that its Global Opportunistic Fund I (GOFI) is declaring a payout of about 5 percent in addition to earlier distributions that bring total payout for the fund to 30 percent. The additional payout is due in part to GOFI's full divestment from UAE-based natural gas company Dana Gas and partial divestment from Dubai-based interior contractor Depa and Bahrain-based Ithmaar Bank. Return to Headlines "Global Signs Agreement for New Cement Plant and Acquires Quarry in Tunis" (Africa) Al Bawaba (07/30/08) Kuwait-based private equity firm Global Investment House has signed an agreement with Bina Holding of Tunisia to jointly develop a local cement plant. Under the terms of the agreement, Global will acquire one of the largest quarries in North Africa, located close to Tunis. Return to Headlines "Apollo Group Enters Mexican Education Market" (Latin America and the Caribbean) Business Wire (08/05/08) Apollo Global, a joint venture formed last year by education provider Apollo Group and private equity firm Carlyle Group, has acquired a 65 percent stake in Universidad Latinoamericana (ULA), a private university based in Mexico City. The joint venture acquired ULA from Carlyle Mexico Partners, a private equity fund managed by Carlyle Group. Carlyle Mexico Partners will retain a 35 percent stake in ULA. Return to Headlines "EK Fin Acquires 34 Percent of Czech Papcel" (Central and Eastern Europe and Russia) Invest IQ (07/23/08) Austria-based private equity firm EK Mittelstandsfinanzierungs has acquired a 34 percent stake in Czech mechanical engineering company Papcel. Papcel manufactures machines for paper production and has a presence in St. Petersburg, Russia. Return to Headlines "Concord's Equity Fund Acquires Shares in Lecico Egypt" (Africa) Daily News Egypt (08/04/08) New York-based private equity firm Concord International Investments has acquired an 8.16 percent stake in Egyptian sanitary ware and ceramic tile producer Lecico Egypt through its Coral Fund. Coral is also invested in Egypt's Amoun Pharmaceuticals. Return to Headlines "Reliance Capital Plans US$1 Billion Indian Private Equity Fund" (Asia) Bloomberg (08/04/08) Thakur, Pooja India-based private equity firm Reliance Capital is raising an India-focused fund, targeting US$1 billion in committed capital. More than US$200 billion has already been raised. The fund will seek investments in India's logistics, pharmacy, retail, and media sectors. Return to Headlines "Kraft Foods Sells Brands and Assets in Baltic Countries" (Central and Eastern Europe and Russia) Nordic Business Report (08/06/08) U.S.-based food and beverage giant Kraft Foods has agreed to sell its Estrella and Maarud brands in Estonia, Latvia, and Lithuania as well as assets in Lithuania to FEPCO 1 AS, a subsidiary of Norway-based Herkules Private Equity Fund. The value of the transaction has not been disclosed. Return to Headlines "AMP Capital Investors Raising Third Asian Focused Infrastructure Fund" (Asia) Asia Private Equity Review (08/11/08) AMP Capital Investors has launched the Asian Giants Infrastructure Fund, targeting US$750 million in committed capital. This is AMP Capital's third Asia-focused infrastructure fund. Return to Headlines
Industry Announcements
IFC Call for Expressions of Interest: Mozambique SME Initiative The IFC will support the creation of a minimum USD 10 million fund for the purpose of making commercially-based investments in small and medium enterprises in Mozambique. The selected fund manager is expected to have access to a grant in excess of USD 1.5 million for fund operational expenses and technical assistance for the investee companies. The full language and requirements may be found on IFC’s website at the following link www.ifc.org/msifund. All expressions of interest must be received via e-mail to the contact address by no later than 5:00 p.m. EST, August 25, 2008. Web Link | Return to Headlines
Events
EMPEA Events The Private Equity International India Forum 30 September - 1 October, 2008 Mumbai The Emerging Markets Private Equity Forum 4-5 November London Return to Headlines Industry Events Summit on Brazilian Real Estate Investment, Finance & Securitization 19 August 2008 Sao Paulo, Brazil India's Capital Markets 9-10 September 2008 Mumbai, India Private Equity Analyst Conference 2008 16-17 September 2008 New York Super Return Asia 23-25 September 2008 Hong Kong Return to Headlines Abstract News © Copyright 2008 INFORMATION, INC. 
|
13 August 2008
Emerging Markets Private Equity NewsWatch provides a selection of noteworthy articles pertaining to private equity investing in emerging markets and is distributed weekly to a wide audience. The Emerging Markets Private Equity NewsWatch is a publication of the Emerging Markets Private Equity Association. For more information on EMPEA and advertising inquiries, please contact: Emerging Markets Private Equity Association |