Pearl Capital Partners announced the launch of their new fund worth around KES2.2 billion with the primary purpose of investing into small East African agricultural based businesses.
Consumer Electronics
Amazon announces 7,000 new jobs before President Obama's visit
Amazon announced that it would add 7,000 new jobs in its warehouses before the US president Barack Obama's visit.
Coro Realty in a joint venture with Harbour Retail acquires Rivoli Crossing
Coro Realty Advisors in a joint venture with Harbour Retail Partners acquires Rivoli Crossing. Coro Realty Advisors, LLC revealed that it had acquired Rivoli Crossing in joint venture partnership with Harbour Retail Partners.
William Franke to resign as chairman of Spirit Airlines
William Franke stated that he will be stepping down from his position as chairman of Spirit Airlines as Indigo Partners LLC divest their stake in the company.
Berkeley Group and Wellcome Trust launches joint venture
Berkeley Group and Wellcome Trust announced that it has created a joint venture to invest in English properties.
Latest News
The buyout deal between Jet and Etihad Airways got the approval of the Indian government but certain conditions must be observed.
The country's largest Italian ice franchise appoints Michael Lorelli as the new executive chairman of the board.
Eyeglass lens maker Essilor is set to pay US$1.73 billion for PPG's 51% stake in Transitions Optical.
Today, Michael Baker Corporation announced commencing into a definitive acquisition agreement with Integrated Mission Solutions, LLC priced at US$40.50 per share piece.
The EU Commission gave clearance to the ADM-GrainCorp acquisition deal following approval from six government agencies.
The American Airlines and US Airways US$1 billion merger is set to be finalized before the end of August 2013.
SeekCapital invests in Textbookrental's seed round funding, the proceeds of which will be used for business expansion.
Lazy Dog Restaurant & Bar becomes the newest recipient of Brentwood Associates’ investment but financial details of the deal were not revealed.
Washington's Papa Murphy is in the process of selecting banks to lead the company's initial public offering set later this year.
