Siemens sells noncore unit MPM to U.K.'s Apax

Article Abstract:

Siemens AG announced that its Mannesmann Atecs subsidiary sold its Mannesmann Plastics Machinery AG unit to Apax Partners and Co., a UK investment group, for an undisclosed amount. The acquisition is estimated to be worth Euro800 million.

Diversified Companies, Asset sales & divestitures, Plastics Products Equipment, Plastics and Rubber Industry Machinery Manufacturing, Special industry machinery, not elsewhere classified, Machinery industry, Plastics industry, Plastics machinery, Siemens AG, Mannesmann Atecs, Mannesmann Plastics Machinery AG, Apax Partners Holdings Ltd.

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U.K. equity firms buy publisher

Article Abstract:

Bertelsmann AG's publishing arm has been acquired by Candover Investments PLC and Cinven Group Ltd. BertelsmannSpringer was acquired for 1.05 billion euros.

Venture Capital Companies, Miscellaneous Intermediation, PRINTING AND PUBLISHING, Publishing, Publishing Industries, Investors, not elsewhere classified, Printing & Publishing, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Publishing industry, Bertelsmann AG, Candover Investments PLC, CINVen, Subsidiaries, divisions and units, BertelsmannSpringer

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Deutsche Bank sells properties to a U.S. private-equity firm

Article Abstract:

Deutsche Bank has sold off a major share of its real estate assets to the Blackstone Group. The deal is valued at 1.04 billion euros.

United States, Real Estate, Real Estate and Rental and Leasing, Real property, The Blackstone Group, Deutsche Bank AG (Frankfurt, Germany), DB

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