AirAsia, on Wednesday, completed its IPO netting more than US$300 million. AirAsia X completed its market IPO on Wednesday. The company raised more than US$300 million, according to data sources.
Corporations
Yottaa Closes US $16M deal with Intel Capital
Yottaa secures US $16 million deal to finance expansion projects in Boston and Beijing. Yottaa, developer of performance automation service, announced that it raised another US $16 million in its latest financing round after the commitment of new investor, Intel Capital.
Tribune Co. to split publishing and broadcasting businesses
The Chicago-based media company is set to spit its ventures just months after undergoing financial restructuring.
VeloBit joins Western Digital's HGST
Western Digital acquired data storage solutions firm VeloBit. Western Digital Content, a digital storage provider, announced today that it bought software storage solutions provider VeloBit.
AXA Private Equity purchases 40% stake in HISI, now owns 80%
AXA Private Equity acquired Unicredit's 40% stake in HISI which allowed it to own 80% of the company.
Latest News
CIT GAP Funds invested in CirrusWorks with the hope to control networks used by managers easier, faster and more efficient.
India's Flipkart raised US$200 million from a clutch of private equity funds. On Wednesday, India's Flipkart raised US$200 million from a clutch of private equity funds.
The technology company gets a US $50 million series C financing that it aims to use for their expansion endeavors.
Today, AC Lordi announced buyback of a former business unit from Chicago Growth Partners and Peppertree Capital.
Today, Serodus ASA announced merger with Phlogo ApS for the development of two first class drug candidates and project advancements.
Kaseya acquired leading cloud and IT service provider Zyrion. Kaseya announced its acquisition of Zyrion, Inc. today. Zyrion provided software solutions for cloud and IT service monitoring.
Eskom Holdings SOC Ltd. struggled to plug an income gap worth ZAR191 billion. Eskom Holdings SOC Ltd. admitted that it was struggling for ways to plug an income hole of ZAR191 billion equivalent to US$19.
According to ProNicaragua, the country's FDI were more than doubled in a span of two years. According to Nicaraguan investment promotion firm ProNicaragua, the country experienced a large boost in foreign direct investments last year, putting the South American nation in the international investment spotlight.
TECO Energy Inc filed an approval application of its acquisition of the New Mexico Gas Co that was priced at US$950 million.
