DealZone

Deals wrap: Striking coal

December 23, 2010

Handout image of an excavator working at a Rio Tinto coal mine in the Hunter valley. REUTERS/Rio Tinto/HandoutAnglo-Australian miner Rio Tinto offered $3.9 billion to buy African-focused coal miner Riversdale in an agreed deal that is likely to be challenged by rivals seeking to secure coking coal reserves.

Companies issuing yuan denominated bonds are finding that raising funds in Hong KongĀ  is the easy part. It’s getting the money into China that’s hard.

Retailers have been prominent buyout targets again this year, and one private-equity firm has been particularly busy: Leonard Green & Partners, writes the NYT’s Dealbook

Video game fundings has never been bigger as 91 companies raised more than $1.05 billion in 2010, 58 percent from a year ago, writes VentureBeat’s Dean Takahashi.

NTR’s Tessera Solar is scrambling to raise cash for a pair of multibillion-dollar plants in California — or face the prospect of losing the chance to prove the value of its technology.

Private equity may have had a rough couple of years, but a recent fundraising success may signal a newfound confidence, writes research group Preqin.

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