The Carlyle Group and Townsend Group co-invested USD 200 million in a strategic partnership with Shanghai Yupei Group for a logistics platform in China.
Co-investment
France plans tenders for hydroelectric concessions in 2014
France would start tenders for its hydroelectric power concessions by next year. France said it intended to start tenders for hydropower concessions in the first half of 2014.
Hankook Tire strikes deal with Daimler
Hankook Tire Co Ltd stepped up by striking a deal with luxury car maker Daimler AG to supply tires for its new Mercedes-Benz S-Class and E-Class sedans.
Russian Aviation firms sign more than USD 12 billion contracts in 2013 Moscow air show
Russian Aviation companies signed deals amounting to more than USD 12 billion in the 2013 International Aviation and Space Salon (MAKS).
Indonesia wants Filipino businessmen to invest in city- PCCI
The PCCI said that Indonesia had invited Filipino investors to invest in Amurang City's infrastructure and transportation sectors.
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A Philippine regulator said that the bidding for the LRT Line 1 Cavite extension project had failed.
Wayra, Telefonica's start-up accelerator announced its second global "Demo Day" scheduled on November 14, 2013.
The Reserve Bank of India had allowed non-resident Indians to purchase shares from Tai Industries and Madras Aluminum Company.
The State Bank of India announced that it had expected to receive a total of INR4 billion in recapitalization from the government.
Reliance Life announced to sell a 5% stake to private, public and cooperative banks. Reliance Life, a private insurer operating in India, said that it had planned to explore distribution tie-ups with a number of banks.
Barclays Bank of Kenya signed a financing deal with the African unit of British oil explorer Marriott Drilling worth USD 13 million.
Regenerative tissue engineering firm TissueTech Inc closed its latest round with USD 10 million. TissueTech Inc successfully closed its latest fundraising round.
TagMan scored USD 5 million in a funding round led by Greycroft Partners and iNovia Capital. TagMan said it has received capital commitments worth USD 5 million from various investors.
Semiconductor maker TranSwitch Corp raised USD 2.5 million from Ilex Partners. TranSwitch Corp said it raised USD 2. 5 million in equity investment from private equity company Ilex Partners.
