Archive for May, 2008

Digicel Wins Competitive Bid for Mobile License in Panama

Thursday, May 8th, 2008

Digicel Central America Holdings Limited, through its wholly owned subsidiary, Digicel (Panama) S.A., is pleased to announce that it has won a competitive bid process for a license to operate a GSM mobile network in Panama. The highly competitive auction took place on Wednesday, May 7th, with Digicel bidding US$86 million. Digicel’s win for a […]

Jost put on auction forecourt by Silverfleet Capital

Wednesday, May 7th, 2008

The European private equity house Silverfleet Capital has put Jost, the world’s biggest trucks parts manufacturer up for sale, with a price tag of up to €600m (£470m).
Silverfleet, the Prudential’s spun-out private equity arm, declined to comment, but is understood to have appointed advisers to conduct an auction of Jost.

Peru to auction oil and gas parcels

Tuesday, May 6th, 2008

Peru will auction 17 parcels for petroleum prospecting starting on Tuesday, with the hope of capturing some $800 million of exploration investment, the government said on Monday.
The lots are located throughout the country, along the Pacific Ocean and in the mountains. Eight jungle tracks will be bid off, Ronald Egusquiza, the president of the state-run […]

Black Hills Corporation Announces Agreement to Sell Seven Independent Power Plants

Thursday, May 1st, 2008

Following a multi-month strategic review and auction process, Black Hills Corporation today announced it has entered into a definitive agreement with affiliates of Hastings Funds Management Ltd (Hastings) and IIF BH Investment LLC, a subsidiary of an investment entity advised by JPMorgan Asset Management (IIF), to sell seven independent power production (IPP) gas-fired plants with […]