Patriot Capital's latest PE fund raised US$250 million. A small business investment company (SBIC) fund was recently closed by the Patriot Capital Family of Funds.
Corporations
K.K.R. raises US$6 billion Asia-Pacific fund
K.K.R. announced that they were able to raise a US$6 billion Asia-Pacific fund Kohlberg Kravis Roberts (KKR), the U. S. private equity giant, announced that they were able raise a US$6 billion Asia-Pacific fund.
ING sells business in SK to Macquarie Group
ING announced that they have reached an agreement to sell its investment management business in South Korea to Macquarie Group
Cukurova wins against Alfa over Turkcell dispute
Cukurova Holding AS has won its legal battle against Alfa. Cukurova Holding AS won its legal battle against Russian Alfa Group over Turkcell Iletisim Hizmetleri AS, Turkey's biggest mobile-phone operator.
du awards contract to ZTE for 3G wifi router
ZTE announced that they were awarded a contract for 3G wifi router ZTE announced that they were awarded a contract to provide the Middle East's fastest growing telecom service provider du with its 3G Wi-Fi Router called the MF29.
Latest News
OAO Pharmstandard stated they would buyout disgruntled investors at a discount. Russia's biggest pharmaceutical company, OAO Pharmstandard, shrunk the most since May 2009 after its plan to buy out unhappy investors' shares at a discount was revealed.
Kreative Ventures Limited announced that they have acquires additional shares in Augustine Ventures Inc.
Efficient Collaborative Retail Marketing announced that BV Investment Partners is ECRM's majority shareholder.
Legendary Pictures owner Thomas Tull is said to be in talks about a deal with Universal Pictures Legendary Pictures, owned by Thomas Tull, has been talking to several other studios as the set contact with Time Warner's Warner Bros.
CGX Energy Inc announced the completion of the consolidation of common shares for the company CGX Energy Inc. announced the completion of the consolidation of issued and outstanding common shares.
Air Asia X Bhd makes a modest debut after the recently concluded US$310 million IPO AirAsia X Bhd made a modest market debut after its recent IPO (initial public offering) raised US$310 million to help the budget carrier expand its strong growth prospects for travel to and from Southeast Asia.
A JPMorgan report made Credicorp a top pick amid continued Peruvian economic growth. According to a JPMorgan Chase & Co. report, Credicorp Ltd. , the Lima-based parent company of Banco de Credito del Peru, may gain up to 32% by the end of this year as the Peru's economy continue to grow.
Global Power announced that they acquired privately owned IBI, LLC. Global Power Equipment Group Inc. announced today that it has acquired privately-owned IBI, LLC.
On Wednesday, Alibaba was reported to use the net proceeds of its IPO to fund more acquisitions as it wanted to broaden its mobile services.
