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Emaar MGF denies Deutsche Bank deal report

Property developer Emaar MGF Ltd. denied a newspaper report on Sunday that Deutsche Bank had bought a small stake for USD 1 bn ahead of an initial public offering.

Emaar MGF Chairman and Managing Director Shravan Gupta told agencies there … [...]

ADM to pick up 10% in S Kumars, Brandhouse

Hong Kong-based private equity firm ADM Capital is investing $107 million into S Kumars Nationwide Ltd and its retail arm Brandhouse Retail.

ADM will invest $82 million to acquire a 10% stake in the S Kumars Nationwide and $25 million … [...]