New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 14, 2012:
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1) SAIF Partners Buys Additional Blue Star Stake
http://www.dealcurry.com/20120714-SAIF-Partners-Buys-Additional-Blue-Star-Stake.htm
Saif India IV FII Holdings bought 25 lakh shares of Blue Star Limited at a price of R190 per share representing an investment of R47.50 Cr in the company and raising its stake from 1.39% to 4.17%, an additional 2.78% stake purchase.
A major seller in the stock was HDFC Standard Life Insurance Company Limited which sold 28.6 lakh shares at the same price amounting to R54.36 Cr stake sale. HDFC Standard Life along with HDFC MF held 8.77% in the company as on June 2012 and the current sale represented a major exit strategy by HDFC Standard Life of 3.18% out of 3.33% held.
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Sunday, July 15, 2012
Saturday, July 14, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 13, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 13, 2012:
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1) Solving Efeso Acquires Consulting Firm Q-Spread
http://www.dealcurry.com/20120713-Solving-Efeso-Acquires-Consulting-Firm-Q-Spread.htm
Solving Efeso has acquired Gurgoan based Q-Spread for an undisclosed amount. The acquisition is a part of its strategy to expand its consultancy market and strengthen its presence in India.Rajinder Singh, founder of Q-Spread, will head the country operations in India. The company will predominantly serve clients in the Manufacturing, Retail and Process industries.
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2) Kamat Hotels To Restructure R500Cr Loans
http://www.dealcurry.com/20120713-Kamat-Hotels-To-Restructure-R500Cr-Loans.htm
Kamat Hotels is in discussion with banks to restructure R500Cr. The company is planning to approach CDR. The rapid expansion led to high debt on the balance sheet.This January, Clearwater Capital Partners made an open offer to acquire 26% post conversion equity share capital of Kamat Hotels.Kamat Hotels had recently absorbed some of the hotels run by the Kamat family, taking promoters' stake to as much as 57%.
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3) InMobi Acquires MMTG Labs
http://www.dealcurry.com/20120713-InMobi-Acquires-MMTG-Labs.htm
Bangalore based mobile ad network, InMobi has acquired San Francisco based MMTG Labs for undisclosed amount.
As a part of deal, the entire team including co-founders Ryan Merket and Nalin Mittal will be joining InMobi.
Founded in 2010, MMTG operates AppBistro, an application marketplace for Facebook pages, and AppGalleries, which allows anyone to create a web and mobile compatible app gallery, according to medianama.
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4) TIAA-CREF Acquires Additional Stake In Den Network
http://www.dealcurry.com/20120713-TIAA-CREF-Acquires-Additional-Stake-In-Den-Network.htm
Teachers Insurance and Annuity Association - College Retirement Equities Fund Investment LLC has acquired additional 1% stake in Den Networks, a broadcasting and cable TV Company by acquiring 1.3 Mn shares through open market transaction.TIAA-CREF now holds around 5.93% stake in Den Networks.TIAA-CERF is now the largest non-promoter shareholder of the company. Other shareholders includes-StanChart IL&FS Asia Infrastructure G (4.98%) and Network 18 Media And Investments Limited (3.08%) among others.
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5) Jindal Steel Raises Funds For Odisha Project
http://www.dealcurry.com/20120713-Jindal-Steel-Raises-Funds-For-Odisha-Project.htm
Jindal Steel and Power Limited has raised R3500 Cr from a consortium of lenders for a steel project in Odisha.
The funds will be utilized for a 2 Mn tonne coal-to-gas direct reduced iron (DRI) plant near Angul, Odisha.
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6) Sutherland To Acquire Healthcare BPO Apollo Health Street
http://www.dealcurry.com/20120713-Sutherland-To-Acquire-Healthcare-BPO-Apollo-Health-Street.htm
Sutherland Global Services is acquiring Apollo Health Street, a health care BPO arm of Apollo Hospitals for R875Cr.The acquisition will help Sutherland to scale up its healthcare business both in India and the US.Barclays Capital is advising the promoters of Apollo for the deal.
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7) Tube Investments To Acquire Shanthi Gears
http://www.dealcurry.com/20120713-Tube-Investments-To-Acquire-Shanthi-Gears.htm
Tube Investments of India Limited is acquiring majority stake in Coimbatore-based Shanthi Gears Limited.
The board of Chennai-based Murugappa group company - Tube Investment has approved the acquisition of 36.05 Mn equity shares of Shanthi Gears, representing 44.12% stake from Shanthi Gears' promoter P Subramanian, at Rs. 81/- per share, aggregating to R292Cr.
Tube Investments has made an open offer to acquire additional 21.24 Mn shares, representing 26% of the paid up share capital of SGL, at a price of Rs 81/- per share.
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You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Solving Efeso Acquires Consulting Firm Q-Spread
http://www.dealcurry.com/20120713-Solving-Efeso-Acquires-Consulting-Firm-Q-Spread.htm
Solving Efeso has acquired Gurgoan based Q-Spread for an undisclosed amount. The acquisition is a part of its strategy to expand its consultancy market and strengthen its presence in India.Rajinder Singh, founder of Q-Spread, will head the country operations in India. The company will predominantly serve clients in the Manufacturing, Retail and Process industries.
------------------------------------------------------------------
2) Kamat Hotels To Restructure R500Cr Loans
http://www.dealcurry.com/20120713-Kamat-Hotels-To-Restructure-R500Cr-Loans.htm
Kamat Hotels is in discussion with banks to restructure R500Cr. The company is planning to approach CDR. The rapid expansion led to high debt on the balance sheet.This January, Clearwater Capital Partners made an open offer to acquire 26% post conversion equity share capital of Kamat Hotels.Kamat Hotels had recently absorbed some of the hotels run by the Kamat family, taking promoters' stake to as much as 57%.
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3) InMobi Acquires MMTG Labs
http://www.dealcurry.com/20120713-InMobi-Acquires-MMTG-Labs.htm
Bangalore based mobile ad network, InMobi has acquired San Francisco based MMTG Labs for undisclosed amount.
As a part of deal, the entire team including co-founders Ryan Merket and Nalin Mittal will be joining InMobi.
Founded in 2010, MMTG operates AppBistro, an application marketplace for Facebook pages, and AppGalleries, which allows anyone to create a web and mobile compatible app gallery, according to medianama.
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4) TIAA-CREF Acquires Additional Stake In Den Network
http://www.dealcurry.com/20120713-TIAA-CREF-Acquires-Additional-Stake-In-Den-Network.htm
Teachers Insurance and Annuity Association - College Retirement Equities Fund Investment LLC has acquired additional 1% stake in Den Networks, a broadcasting and cable TV Company by acquiring 1.3 Mn shares through open market transaction.TIAA-CREF now holds around 5.93% stake in Den Networks.TIAA-CERF is now the largest non-promoter shareholder of the company. Other shareholders includes-StanChart IL&FS Asia Infrastructure G (4.98%) and Network 18 Media And Investments Limited (3.08%) among others.
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5) Jindal Steel Raises Funds For Odisha Project
http://www.dealcurry.com/20120713-Jindal-Steel-Raises-Funds-For-Odisha-Project.htm
Jindal Steel and Power Limited has raised R3500 Cr from a consortium of lenders for a steel project in Odisha.
The funds will be utilized for a 2 Mn tonne coal-to-gas direct reduced iron (DRI) plant near Angul, Odisha.
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6) Sutherland To Acquire Healthcare BPO Apollo Health Street
http://www.dealcurry.com/20120713-Sutherland-To-Acquire-Healthcare-BPO-Apollo-Health-Street.htm
Sutherland Global Services is acquiring Apollo Health Street, a health care BPO arm of Apollo Hospitals for R875Cr.The acquisition will help Sutherland to scale up its healthcare business both in India and the US.Barclays Capital is advising the promoters of Apollo for the deal.
------------------------------------------------------------------
7) Tube Investments To Acquire Shanthi Gears
http://www.dealcurry.com/20120713-Tube-Investments-To-Acquire-Shanthi-Gears.htm
Tube Investments of India Limited is acquiring majority stake in Coimbatore-based Shanthi Gears Limited.
The board of Chennai-based Murugappa group company - Tube Investment has approved the acquisition of 36.05 Mn equity shares of Shanthi Gears, representing 44.12% stake from Shanthi Gears' promoter P Subramanian, at Rs. 81/- per share, aggregating to R292Cr.
Tube Investments has made an open offer to acquire additional 21.24 Mn shares, representing 26% of the paid up share capital of SGL, at a price of Rs 81/- per share.
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You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Friday, July 13, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 12, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 12, 2012:
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1) Welspun Corp To Raise Funds Through NCDs
http://www.dealcurry.com/20120712-Welspun-Corp-To-Raise-Funds-Through-NCDs.htm
Welspun Corp Limited is looking to raise R1000 Cr through NCDs to pay back debt. The funds raised would be utilized for refinancing of NCD, ECB and possible early redemption of FCCB.
CARE assigned the proposed instruments a rating of CARE AA-, on the basis of dip in the operating margins, debt repayment obligations over the next 3 years, including the FCCBs and the corporate guarantees given for its subsidiaries.
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2) CHD Developers Acquires Empire Realtech
http://www.dealcurry.com/20120712-CHD-Developers-Acquires-Empire-Realtech.htm
CHD Developers has acquired 7000 shares of Empire Realtech, pursuant to which it became wholly owned subsidiary of CHD Developers, according to filing on BSE.Empire Realtech holds the land parcel of 12.34 acre on Dwarka Express Highway, valued around R100Cr.CHD is planning to develop a group housing project on this land and is expected to be launched by end of this year.
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3) Karbonn Mobile To Raise PE Investment
http://www.dealcurry.com/20120712-Karbonn-Mobile-To-Raise-PE-Investment.htm
Karbonn Mobile is planning to raise R1000Cr by diluting 15-20% stake to PE investors. It is planning to set up a manufacturing plant and acquiring a Korean research and development firm.
Karbonn Mobiles will invest Rs 600 crore in the mobile device manufacturing plant in Chennai over 2013-14, for which land has been acquired. The balance of Rs 400 crore will be used in acquiring the R&D centre based out of Korea, for which due-diligence was going on, according to ET.
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4) Alliance Dental To Raise Funds For Expansion
http://www.dealcurry.com/20120712-Alliance-Dental-To-Raise-Funds-For-Expansion.htm
Alliance Dental Care is planning to raise R30 Cr through PE route. The funds will be utilized for expansion of the dental-care chain. The company is in talk with two domestic PE players which are interested in healthcare space.
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5) Mahindra Satyam Looking For Overseas Acquisitions
http://www.dealcurry.com/20120712-Mahindra-Satyam-Looking-For-Overseas-Acquisitions.htm
Mahindra Satyam is in talks to acquire an aerospace engineering firm in Europe, details of which are not revealed.
CEO CP Gurnani termed the potential acquisition news as speculative, according to ET.
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6) TranServ Raises Fund From Nirvana Venture
http://www.dealcurry.com/20120712-TranServ-Raises-Fund-From-Nirvana-Venture.htm
Nirvana Venture Advisor has invested in Mumbai based TranServ Private limited, a prepaid payment program manager. These funds will be used to scale up operations and resources to deliver current and planned payment products. As part of the deal, Amit Patni - Chairman and Rajan Mehra - MD of Nirvana Venture Advisors, will join the TranServ board.
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7) First Carlyle Buys Stake In Infotech Enterprises
http://www.dealcurry.com/20120712-First-Carlyle-Buys-Stake-In-Infotech-Enterprises.htm
Carlyle Group firm - First Carlyle Ventures Mauritius acquired 1.1 Cr shares of Infotech Enterprises Limited at R190 per share through NSE and BSE bulk deal transaction, valuing the deal at R211 Cr and representing a 9.96% stake in the company.
In contrast there were two major sellers, a combination of American Funds and Small Cap World Fund offloading 59.18 lakh shares at an average price of R190 per share in NSE and Kotak India Focus Fund selling a total of 29.30 lakh at the same price through NSE & BSE. Kotak India held 2.63% stake in the company.
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You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Welspun Corp To Raise Funds Through NCDs
http://www.dealcurry.com/20120712-Welspun-Corp-To-Raise-Funds-Through-NCDs.htm
Welspun Corp Limited is looking to raise R1000 Cr through NCDs to pay back debt. The funds raised would be utilized for refinancing of NCD, ECB and possible early redemption of FCCB.
CARE assigned the proposed instruments a rating of CARE AA-, on the basis of dip in the operating margins, debt repayment obligations over the next 3 years, including the FCCBs and the corporate guarantees given for its subsidiaries.
------------------------------------------------------------------
2) CHD Developers Acquires Empire Realtech
http://www.dealcurry.com/20120712-CHD-Developers-Acquires-Empire-Realtech.htm
CHD Developers has acquired 7000 shares of Empire Realtech, pursuant to which it became wholly owned subsidiary of CHD Developers, according to filing on BSE.Empire Realtech holds the land parcel of 12.34 acre on Dwarka Express Highway, valued around R100Cr.CHD is planning to develop a group housing project on this land and is expected to be launched by end of this year.
------------------------------------------------------------------
3) Karbonn Mobile To Raise PE Investment
http://www.dealcurry.com/20120712-Karbonn-Mobile-To-Raise-PE-Investment.htm
Karbonn Mobile is planning to raise R1000Cr by diluting 15-20% stake to PE investors. It is planning to set up a manufacturing plant and acquiring a Korean research and development firm.
Karbonn Mobiles will invest Rs 600 crore in the mobile device manufacturing plant in Chennai over 2013-14, for which land has been acquired. The balance of Rs 400 crore will be used in acquiring the R&D centre based out of Korea, for which due-diligence was going on, according to ET.
------------------------------------------------------------------
4) Alliance Dental To Raise Funds For Expansion
http://www.dealcurry.com/20120712-Alliance-Dental-To-Raise-Funds-For-Expansion.htm
Alliance Dental Care is planning to raise R30 Cr through PE route. The funds will be utilized for expansion of the dental-care chain. The company is in talk with two domestic PE players which are interested in healthcare space.
------------------------------------------------------------------
5) Mahindra Satyam Looking For Overseas Acquisitions
http://www.dealcurry.com/20120712-Mahindra-Satyam-Looking-For-Overseas-Acquisitions.htm
Mahindra Satyam is in talks to acquire an aerospace engineering firm in Europe, details of which are not revealed.
CEO CP Gurnani termed the potential acquisition news as speculative, according to ET.
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6) TranServ Raises Fund From Nirvana Venture
http://www.dealcurry.com/20120712-TranServ-Raises-Fund-From-Nirvana-Venture.htm
Nirvana Venture Advisor has invested in Mumbai based TranServ Private limited, a prepaid payment program manager. These funds will be used to scale up operations and resources to deliver current and planned payment products. As part of the deal, Amit Patni - Chairman and Rajan Mehra - MD of Nirvana Venture Advisors, will join the TranServ board.
------------------------------------------------------------------
7) First Carlyle Buys Stake In Infotech Enterprises
http://www.dealcurry.com/20120712-First-Carlyle-Buys-Stake-In-Infotech-Enterprises.htm
Carlyle Group firm - First Carlyle Ventures Mauritius acquired 1.1 Cr shares of Infotech Enterprises Limited at R190 per share through NSE and BSE bulk deal transaction, valuing the deal at R211 Cr and representing a 9.96% stake in the company.
In contrast there were two major sellers, a combination of American Funds and Small Cap World Fund offloading 59.18 lakh shares at an average price of R190 per share in NSE and Kotak India Focus Fund selling a total of 29.30 lakh at the same price through NSE & BSE. Kotak India held 2.63% stake in the company.
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You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Thursday, July 12, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 11, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 11, 2012:
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1) Ashmita Papers Raises Funds For Backward Integration
http://www.dealcurry.com/20120711-Ashmita-Papers-Raises-Funds-For-Backward-Integration.htm
Ashmita Papers Private Limited raised R58 Cr term loan from banks to fund its backward integration project, according to ET.
The company was planning to set up an absorbent kraft paper plant at Kheda, near Ahmedabad.
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2) Mobikon Raises Series A Funding From Jungle Ventures
http://www.dealcurry.com/20120711-Mobikon-Raises-Series-A-Funding-From-Jungle-Ventures.htm
Mobikon has raised $1.7Mn in Series A funding from Singapore-based Jungle Ventures and regional angel investors including Ravi Mantha, Member of the Board of Trustees at The Indus Entrepreneurs (TiE). The funds will be used to increase sales and business development activities in geographies.
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3) Reliance Power Secures $1.1 Bn Loan From Chinese Banks
http://www.dealcurry.com/20120711-Reliance-Power-Secures-1-1-Bn-Loan-From-Chinese-Banks.htm
Reliance Power Ltd. has received $1.1 Bn in loans from three Chinese banks for a power project in central India.
The loans will be used to re-finance part of the $2.6 Bn financing received from Indian lenders to build a coal-fired power project at Sasan in Madhya Pradesh.
The loans, secured last week, are from Bank of China Ltd., China Development Bank Corp. and Export-Import Bank of China, according to WSJ.
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4) Maxis To Exit Aircel
http://www.dealcurry.com/20120711-Maxis-To-Exit-Aircel.htm
Maxis Communications Bhd is planning to sell its stake in Aircel and talking with Russian telecom giant – Sistema JSFC. It is planning to exit the telco due to regulatory uncertainty in the sector. In 2005, Maxis and Apollo’s Reddy acquired 74% and 26% stake of Aircel from C Sivashankaran for $1.08Bn. Maxis was looking for long term sustainability in India. Currently, Sindya Securities and Investments holds 26% stake in the company.
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5) Blackstone To Acquire Embassy Property's Office Portfolio
http://www.dealcurry.com/20120711-Blackstone-To-Acquire-Embassy-Property-s-Office-Portfolio.htm
Blackstone Group is set to acquire 36% stake in the tenanted office space portfolio of Embassy Property Developments for $230 Mn (R1300 Cr), according to transaction bankers.
Embassy would be demerging the FDI complaint office buildings in which the PE firm will acquire a significant minority stake. The transaction values Embassy's new holding company for office buildings at $900 Mn after rolling over Blackstone's earlier investment in one of the projects, according to TOI.
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6) Parker Hannifin Acquires Filtration Biz Of John Fowler
http://www.dealcurry.com/20120711-Parker-Hannifin-Acquires-Filtration-Biz-Of-John-Fowler.htm
Parker Hannifin Corporation has acquired filtration business of Bangalore based John Fowler (India) Private Limited - an air, fuel and hydraulic filter manufacturers for an undisclosed amount. The acquisition will help Parker to expand its base business and end market exposure in India. This acquisition will also add local manufacturing, product breadth, an experienced team, strong distribution and OEM customer relationships to Parker Hannifin.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Ashmita Papers Raises Funds For Backward Integration
http://www.dealcurry.com/20120711-Ashmita-Papers-Raises-Funds-For-Backward-Integration.htm
Ashmita Papers Private Limited raised R58 Cr term loan from banks to fund its backward integration project, according to ET.
The company was planning to set up an absorbent kraft paper plant at Kheda, near Ahmedabad.
------------------------------------------------------------------
2) Mobikon Raises Series A Funding From Jungle Ventures
http://www.dealcurry.com/20120711-Mobikon-Raises-Series-A-Funding-From-Jungle-Ventures.htm
Mobikon has raised $1.7Mn in Series A funding from Singapore-based Jungle Ventures and regional angel investors including Ravi Mantha, Member of the Board of Trustees at The Indus Entrepreneurs (TiE). The funds will be used to increase sales and business development activities in geographies.
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3) Reliance Power Secures $1.1 Bn Loan From Chinese Banks
http://www.dealcurry.com/20120711-Reliance-Power-Secures-1-1-Bn-Loan-From-Chinese-Banks.htm
Reliance Power Ltd. has received $1.1 Bn in loans from three Chinese banks for a power project in central India.
The loans will be used to re-finance part of the $2.6 Bn financing received from Indian lenders to build a coal-fired power project at Sasan in Madhya Pradesh.
The loans, secured last week, are from Bank of China Ltd., China Development Bank Corp. and Export-Import Bank of China, according to WSJ.
------------------------------------------------------------------
4) Maxis To Exit Aircel
http://www.dealcurry.com/20120711-Maxis-To-Exit-Aircel.htm
Maxis Communications Bhd is planning to sell its stake in Aircel and talking with Russian telecom giant – Sistema JSFC. It is planning to exit the telco due to regulatory uncertainty in the sector. In 2005, Maxis and Apollo’s Reddy acquired 74% and 26% stake of Aircel from C Sivashankaran for $1.08Bn. Maxis was looking for long term sustainability in India. Currently, Sindya Securities and Investments holds 26% stake in the company.
------------------------------------------------------------------
5) Blackstone To Acquire Embassy Property's Office Portfolio
http://www.dealcurry.com/20120711-Blackstone-To-Acquire-Embassy-Property-s-Office-Portfolio.htm
Blackstone Group is set to acquire 36% stake in the tenanted office space portfolio of Embassy Property Developments for $230 Mn (R1300 Cr), according to transaction bankers.
Embassy would be demerging the FDI complaint office buildings in which the PE firm will acquire a significant minority stake. The transaction values Embassy's new holding company for office buildings at $900 Mn after rolling over Blackstone's earlier investment in one of the projects, according to TOI.
------------------------------------------------------------------
6) Parker Hannifin Acquires Filtration Biz Of John Fowler
http://www.dealcurry.com/20120711-Parker-Hannifin-Acquires-Filtration-Biz-Of-John-Fowler.htm
Parker Hannifin Corporation has acquired filtration business of Bangalore based John Fowler (India) Private Limited - an air, fuel and hydraulic filter manufacturers for an undisclosed amount. The acquisition will help Parker to expand its base business and end market exposure in India. This acquisition will also add local manufacturing, product breadth, an experienced team, strong distribution and OEM customer relationships to Parker Hannifin.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Wednesday, July 11, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 10, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 10, 2012:
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1) Fidelity, Qualcomm Invests In Bigshoebazaar
http://www.dealcurry.com/20120710-Fidelity-Qualcomm-Invests-In-Bigshoebazaar.htm
Bigshoebazaar India Private Limited, an online wholesaler and retailer of shoes, apparel, bags, accessories and gift items has raised R100Cr in Series C round of funding led by Fidelity Growth Partners, Qualcomm Ventures and existing investors Nexus Venture and Catamaran Ventures for expansion.
Last July, Big Shoe Bazaar raised Series B round of Rs.40 Cr from Catamaran Ventures (R26Cr) and Nexus Ventures Partners (14Cr), by diluting 20% stake. In 2010, it raised Series A round of R10Cr from Nexus Venture Partners
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2) KPIT Cummins To Acquire Minority Stake In Sankalp Semiconductor
http://www.dealcurry.com/20120710-KPIT-Cummins-To-Acquire-Minority-Stake-In-Sankalp-Semiconductor.htm
KPIT is acquiring minority stake in the Sankalp Semiconductor Private Limited. The semiconductor hardware solutions business of KPIT Cummins Infosystems has entered into a partnership with Sankalp Semiconductor Pvt. Ltd and formed a wholly owned subsidiary named Sankalp & KPIT Semiconductor Pvt. Ltd., according to a press release on BSE.
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3) Adcock Ingram Acquires Assets Of Cosme Farma
http://www.dealcurry.com/20120710-Adcock-Ingram-Acquires-Assets-Of-Cosme-Farma.htm
Adcock Ingram Healthcare Private Limited has acquired certain assets of Goa based Cosme Farma Laboratories for R70.8Cr to expand its operations in India.
The acquisition of Cosme Farma would provide Adcock Ingram to enter highly fragmented and competitive market with its own brand of products and capabilities.
------------------------------------------------------------------
4) OVL Plans IPO To Fund Overseas Acquisition
http://www.dealcurry.com/20120710-OVL-Plans-IPO-To-Fund-Overseas-Acquisition.htm
ONGC Videsh Limited is planning an IPO to raise close to R5000 Cr to fund overseas acquisition of oil assets.
Parent company ONGC had come up with a FPO earlier this year worth R12000 Cr and received a low response.
------------------------------------------------------------------
5) Future Capital Exits Myra Mall Management
http://www.dealcurry.com/20120710-Future-Capital-Exits-Myra-Mall-Management.htm
Future Capital Holdings has sold its wholly owned subsidiary Myra Mall Management Company to Jaydev Mody owned Providence Educational Academy for R98Cr.
The sale comes after the Government deferred the clearance of Warburg Pincus' purchase of Future Capital, stating that the Indian finance company must first hive off its wholly-owned real estate subsidiary.
------------------------------------------------------------------
6) IFC Invests In Global Indian International School
http://www.dealcurry.com/20120710-IFC-Invests-In-Global-Indian-International-School.htm
IFC has proposed to provide SGD $25Mn to Global Indian International School(GIIS), run by the Global Schools Foundation for expansion.
The amount has been invested for Greenfield and acquisitions in the lesser developed countries in South and South East Asia. GIIS plans to use a significant part of the funding in India where two new schools are scheduled to come up in Bangalore and Ahmedabad, to complement its existing schools in Noida, Surat and Indore.
------------------------------------------------------------------
7) Mindlogicx To Merge With SQL Star
http://www.dealcurry.com/20120710-Mindlogicx-To-Merge-With-SQL-Star.htm
Mindlogicx Infratech Limited is set to amalgamate with SQL Star International Limited, a BSE filing said.
The swap ratio for amalgamation post the financial restructuring would be 4 equity shares held of Mindlogicx of R10 each being allotted 5 equity shares of R10 each of SQL Star International.
------------------------------------------------------------------
8) Genpact Acquires American Engineering Firm Triumph
http://www.dealcurry.com/20120710-Genpact-Acquires-American-Engineering-Firm-Triumph.htm
Genpact is acquiring Ohio based Triumph Engineering, an engineering and technical services provider for an undisclosed amount.The acquisition will enhance Genpact’s service portfolio for the infrastructure and manufacturing sector by adding capabilities in the segment of engineering and technical services.As part of the deal, 90 Triumph employees will join Genpact's Infrastructure, Manufacturing and Services (IMS) vertical.
------------------------------------------------------------------
9) L&T Acquires Malaysian Busduct System Manufacturer Henikwon Corp
http://www.dealcurry.com/20120710-L-T-Acquires-Malaysian-Busduct-System-Manufacturer-Henikwon-Corp.htm
Larsen & Tubro Limited has acquired Malaysia based Henikwon Corporation Sdn Bhd, a busduct systems manufacturer through its Malaysian subsidiary Tamco Switchgear.
The Henikwon acquisition brings a strong customer base of large corporations to Tamco.
Established in 1982, Henikwon Corporation is a leading manufacturer of Low Voltage (LV) and Medium Voltage (MV) busduct systems. Henikwon brand is globally well recognized and offers high quality products under compliance to international quality standards.
------------------------------------------------------------------
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==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Fidelity, Qualcomm Invests In Bigshoebazaar
http://www.dealcurry.com/20120710-Fidelity-Qualcomm-Invests-In-Bigshoebazaar.htm
Bigshoebazaar India Private Limited, an online wholesaler and retailer of shoes, apparel, bags, accessories and gift items has raised R100Cr in Series C round of funding led by Fidelity Growth Partners, Qualcomm Ventures and existing investors Nexus Venture and Catamaran Ventures for expansion.
Last July, Big Shoe Bazaar raised Series B round of Rs.40 Cr from Catamaran Ventures (R26Cr) and Nexus Ventures Partners (14Cr), by diluting 20% stake. In 2010, it raised Series A round of R10Cr from Nexus Venture Partners
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2) KPIT Cummins To Acquire Minority Stake In Sankalp Semiconductor
http://www.dealcurry.com/20120710-KPIT-Cummins-To-Acquire-Minority-Stake-In-Sankalp-Semiconductor.htm
KPIT is acquiring minority stake in the Sankalp Semiconductor Private Limited. The semiconductor hardware solutions business of KPIT Cummins Infosystems has entered into a partnership with Sankalp Semiconductor Pvt. Ltd and formed a wholly owned subsidiary named Sankalp & KPIT Semiconductor Pvt. Ltd., according to a press release on BSE.
------------------------------------------------------------------
3) Adcock Ingram Acquires Assets Of Cosme Farma
http://www.dealcurry.com/20120710-Adcock-Ingram-Acquires-Assets-Of-Cosme-Farma.htm
Adcock Ingram Healthcare Private Limited has acquired certain assets of Goa based Cosme Farma Laboratories for R70.8Cr to expand its operations in India.
The acquisition of Cosme Farma would provide Adcock Ingram to enter highly fragmented and competitive market with its own brand of products and capabilities.
------------------------------------------------------------------
4) OVL Plans IPO To Fund Overseas Acquisition
http://www.dealcurry.com/20120710-OVL-Plans-IPO-To-Fund-Overseas-Acquisition.htm
ONGC Videsh Limited is planning an IPO to raise close to R5000 Cr to fund overseas acquisition of oil assets.
Parent company ONGC had come up with a FPO earlier this year worth R12000 Cr and received a low response.
------------------------------------------------------------------
5) Future Capital Exits Myra Mall Management
http://www.dealcurry.com/20120710-Future-Capital-Exits-Myra-Mall-Management.htm
Future Capital Holdings has sold its wholly owned subsidiary Myra Mall Management Company to Jaydev Mody owned Providence Educational Academy for R98Cr.
The sale comes after the Government deferred the clearance of Warburg Pincus' purchase of Future Capital, stating that the Indian finance company must first hive off its wholly-owned real estate subsidiary.
------------------------------------------------------------------
6) IFC Invests In Global Indian International School
http://www.dealcurry.com/20120710-IFC-Invests-In-Global-Indian-International-School.htm
IFC has proposed to provide SGD $25Mn to Global Indian International School(GIIS), run by the Global Schools Foundation for expansion.
The amount has been invested for Greenfield and acquisitions in the lesser developed countries in South and South East Asia. GIIS plans to use a significant part of the funding in India where two new schools are scheduled to come up in Bangalore and Ahmedabad, to complement its existing schools in Noida, Surat and Indore.
------------------------------------------------------------------
7) Mindlogicx To Merge With SQL Star
http://www.dealcurry.com/20120710-Mindlogicx-To-Merge-With-SQL-Star.htm
Mindlogicx Infratech Limited is set to amalgamate with SQL Star International Limited, a BSE filing said.
The swap ratio for amalgamation post the financial restructuring would be 4 equity shares held of Mindlogicx of R10 each being allotted 5 equity shares of R10 each of SQL Star International.
------------------------------------------------------------------
8) Genpact Acquires American Engineering Firm Triumph
http://www.dealcurry.com/20120710-Genpact-Acquires-American-Engineering-Firm-Triumph.htm
Genpact is acquiring Ohio based Triumph Engineering, an engineering and technical services provider for an undisclosed amount.The acquisition will enhance Genpact’s service portfolio for the infrastructure and manufacturing sector by adding capabilities in the segment of engineering and technical services.As part of the deal, 90 Triumph employees will join Genpact's Infrastructure, Manufacturing and Services (IMS) vertical.
------------------------------------------------------------------
9) L&T Acquires Malaysian Busduct System Manufacturer Henikwon Corp
http://www.dealcurry.com/20120710-L-T-Acquires-Malaysian-Busduct-System-Manufacturer-Henikwon-Corp.htm
Larsen & Tubro Limited has acquired Malaysia based Henikwon Corporation Sdn Bhd, a busduct systems manufacturer through its Malaysian subsidiary Tamco Switchgear.
The Henikwon acquisition brings a strong customer base of large corporations to Tamco.
Established in 1982, Henikwon Corporation is a leading manufacturer of Low Voltage (LV) and Medium Voltage (MV) busduct systems. Henikwon brand is globally well recognized and offers high quality products under compliance to international quality standards.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
Tuesday, July 10, 2012
Blog Alert for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , Jul 9, 2012
New Posts to DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... on Jul 9, 2012:
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1) Sheth Developers Raises Debt From IndiaBulls
http://www.dealcurry.com/2012079-Sheth-Developers-Raises-Debt-From-IndiaBulls.htm
Sheth Developers has raised R450Cr debt from IndiaBulls Finance. The funds raised will be partly used for paring debt and remaining for the completion of the Vivacity Mall.
------------------------------------------------------------------
2) SaaS Player With Proven Product Looking For Growth Capital
http://www.dealcurry.com/2012079-SaaS-Player-With-Proven-Product-Looking-For-Growth-Capital.htm
Existing, self sustained business solution SaaS Player with a high ticket size fully commercialized product believes in the opportunity of drastic scaling up PAN India, Middle East, Far East and is looking for growth capital to exploit the full market potential.
------------------------------------------------------------------
3) Accel, Qualcomm Invest In ZopNow
http://www.dealcurry.com/2012079-Accel-Qualcomm-Invest-In-ZopNow.htm
Accel and Qualcomm has committed Series A funding to Bangalore based - ZopNow Retail Private Limited, an online hypermarket for groceries & related goods. The amount of investment is undisclosed.The funds raised will be used to improve last-mile delivery, expand inventory & add technology for better monitoring & control. The company is also launching a mobile application suitable for tablets, very soon.
------------------------------------------------------------------
4) Quadria Capital To Raise Healthcare Fund
http://www.dealcurry.com/2012079-Quadria-Capital-To-Raise-Healthcare-Fund.htm
Quadria Capital and Investment Management is planning to raise $300 Mn healthcare fund. Religare Global Asset Management has committed to invest $15-20 Mn and become the anchor investor in the fund.
------------------------------------------------------------------
5) Sudar Garments Acquires Benzo Petro International
http://www.dealcurry.com/2012079-Sudar-Garments-Acquires-Benzo-Petro-International.htm
Sudar Garments Limited has acquired Benzo Petro International Limited for R26Cr.Incorporated in 1991 by Dhirajlal.C.Gami and Ramesh.C.Gami, Gujarat based Benzo Petro manufactures and exports various benzaldehyde products. This year in January, Sudar Garments acquired Gujarat based apparel brand George Street London, which provided Sudar access to 10 franchise outlets of GSL.
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6) SKS Micro To Raise Funds For Expansion
http://www.dealcurry.com/2012079-SKS-Micro-To-Raise-Funds-For-Expansion.htm
SKS Microfinance Limited is planning to raise R3500Cr to fund its expansion. The money would be procured in the form of debt from banks and financial institutions over a period of year as stated by CFO S. Dilli Raj of the company.
------------------------------------------------------------------
7) Vedanta May Buy Stake In Rajasthan Refinery
http://www.dealcurry.com/2012079-Vedanta-May-Buy-Stake-In-Rajasthan-Refinery.htm
Vedanta Resources is planning to acquire a minority stake in oil refinery in Rajasthan. The R200 Bn (estimated) refinery coming up at Barmer will have a capacity to refine 9Mn tones a year.Last year, the company acquired controlling stake in Cairn Energy for $8.7Bn which pumps around 1.75 lakh barrels a day from district of Barmer.Earlier this June, Vedanta Resources Plc acquired 24.5% stake in Raykal Aluminium Company Private Limited for R200.7Cr.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
------------------------------------------------------------------
1) Sheth Developers Raises Debt From IndiaBulls
http://www.dealcurry.com/2012079-Sheth-Developers-Raises-Debt-From-IndiaBulls.htm
Sheth Developers has raised R450Cr debt from IndiaBulls Finance. The funds raised will be partly used for paring debt and remaining for the completion of the Vivacity Mall.
------------------------------------------------------------------
2) SaaS Player With Proven Product Looking For Growth Capital
http://www.dealcurry.com/2012079-SaaS-Player-With-Proven-Product-Looking-For-Growth-Capital.htm
Existing, self sustained business solution SaaS Player with a high ticket size fully commercialized product believes in the opportunity of drastic scaling up PAN India, Middle East, Far East and is looking for growth capital to exploit the full market potential.
------------------------------------------------------------------
3) Accel, Qualcomm Invest In ZopNow
http://www.dealcurry.com/2012079-Accel-Qualcomm-Invest-In-ZopNow.htm
Accel and Qualcomm has committed Series A funding to Bangalore based - ZopNow Retail Private Limited, an online hypermarket for groceries & related goods. The amount of investment is undisclosed.The funds raised will be used to improve last-mile delivery, expand inventory & add technology for better monitoring & control. The company is also launching a mobile application suitable for tablets, very soon.
------------------------------------------------------------------
4) Quadria Capital To Raise Healthcare Fund
http://www.dealcurry.com/2012079-Quadria-Capital-To-Raise-Healthcare-Fund.htm
Quadria Capital and Investment Management is planning to raise $300 Mn healthcare fund. Religare Global Asset Management has committed to invest $15-20 Mn and become the anchor investor in the fund.
------------------------------------------------------------------
5) Sudar Garments Acquires Benzo Petro International
http://www.dealcurry.com/2012079-Sudar-Garments-Acquires-Benzo-Petro-International.htm
Sudar Garments Limited has acquired Benzo Petro International Limited for R26Cr.Incorporated in 1991 by Dhirajlal.C.Gami and Ramesh.C.Gami, Gujarat based Benzo Petro manufactures and exports various benzaldehyde products. This year in January, Sudar Garments acquired Gujarat based apparel brand George Street London, which provided Sudar access to 10 franchise outlets of GSL.
------------------------------------------------------------------
6) SKS Micro To Raise Funds For Expansion
http://www.dealcurry.com/2012079-SKS-Micro-To-Raise-Funds-For-Expansion.htm
SKS Microfinance Limited is planning to raise R3500Cr to fund its expansion. The money would be procured in the form of debt from banks and financial institutions over a period of year as stated by CFO S. Dilli Raj of the company.
------------------------------------------------------------------
7) Vedanta May Buy Stake In Rajasthan Refinery
http://www.dealcurry.com/2012079-Vedanta-May-Buy-Stake-In-Rajasthan-Refinery.htm
Vedanta Resources is planning to acquire a minority stake in oil refinery in Rajasthan. The R200 Bn (estimated) refinery coming up at Barmer will have a capacity to refine 9Mn tones a year.Last year, the company acquired controlling stake in Cairn Energy for $8.7Bn which pumps around 1.75 lakh barrels a day from district of Barmer.Earlier this June, Vedanta Resources Plc acquired 24.5% stake in Raykal Aluminium Company Private Limited for R200.7Cr.
------------------------------------------------------------------
You are receiving this email because you signed up to receive Blog Alerts (email notifications of new posts) for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... . If you no longer wish to receive Blog Alerts for DEALCURRY - Mergers & Acquisitions, Private Equity, I.P.O. / Offerings, Venture Capital, Real Estate, Regulatory,... , go to this link:
http://shootthebreeze.net/blogalert/index.php?action=leave&r=32663&k=KC9DVVBQHQ58SF8U
==================================================================
Self storage facilities are cash cows!
http://hasslefreehouses.com/selfstorage
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