05 Oct '11, 7pm

Cleantech Investments Grow 12% in Q3, US Leads the World

Both the IPO and M&A market were a bit slower in Q3 than in the first half of the year. 11 of the 14 IPOs in the quarter were in China, where four solar manufacturers raised $812 million. M&A activity remained strong and significantly higher than last year - two giant acquisitions in the water and wastewater sub-sector were highlights. Ecolab acquired water treatment service provider Nalco Holdings for $5.4 billion, and Hong Kong billionaire Li Ka-shing's Cheung Kong Infrastructure Holdings acquired British water utility company Northumbrian Water for $3.9 billion.

Full article: http://www.sustainablebusiness.com/index.cfm/go/news.disp...

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