The single largest stock holding of Soros Fund Management in the fourth quarter is Israeli drugmaker Teva Pharmaceutical Industries Ltd, Reuters reported citing a February 14 filing with the US Securities and Exchange Commission.
Corporations
Small and medium enterprises in Africa bag $10M from AVCA
For the past 18 months, small and medium enterprises (SMEs) in Africa bagged $10 million in investment from London, UK-based non-profit business development organization African Private Equity & Venture Capital Association (AVCA).
Kingsoft to sell $20M stake in gaming subsidiary to Chinese smartphone maker Xiaomi
Beijing, China-based software company Kingsoft will sell a a 4.7% stake worth $20 million in its game developing subsidiary Westhouse to Chinese smartphone manufacturer Xiaomi.
SM Investment Corp. invests in Philippine community mall development firm
Philippine-based real estate holding company SM Investments Corp entered an agreement to acquire a 34% stake in CityMall Commercial Center Inc for an undisclosed amount to construct a chain of community malls in Visayas and Mindanao.
German software giant SAP to open startup cafes in Palo Alto
In a bid to attract more startups, Walldorf, Germany-based sofware giant SAP planned to open a cafe in Palo Alto, California, where startups companies can hang out, collaborate, and connect to over 1,000 companies worldwide.
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Tel Aviv, Israel-based security startup SlickLogin confirmed that it is being added by Santa Clara County, US-based Internet giant Google for an undisclosed amount in an acqui-hire deal.
At the O'Reilly Media's Strata big data conference, four venture capitalists revealed the types of startups and the projects they would be willing to put their money on.
Cupertino, US-based smartphone giant Apple considered purchasing Palo Alto, California-based electric car manufacturer Tesla, according to a San Francisco Chronicle report citing an unnamed source.
Greenlight Capital has asked a New York state court to order the website Seeking Alpha to reveal the identity of the person who leaked the hedge fund's stake in Micron last year, Reuters reported.
JPSML A/c Copthall Mauritius Investment acquired a 0.6% stake in Mumbai, India-based clothing retail chain Future Retail for INR13.5 crore at INR91.88 apiece on the National Stock Exchange.
Winner of Downtown Sacramento Foundation's "Calling All Dreamers" business plan contest stands to receive $145,000 business startup package, which includes cash and a rent-free storefront for one year.
Soros Fund Management sold the stake it held in retailer JC Penney, liquidating 19.98 million shares, in the final quarter of last year, Reuters reported citing a regulatory filing.
Silver Lake is already in advanced talks with private equity firm HGGC LLC to exit information technology management firm Serena Software Inc, according to four sources interviewed by Reuters.
Minnesota, US-based CHS Inc agricultural and energy firm CHS Inc picked up the fertilizer business of Lake Providence, Louisiana-based river transportation service provider Terral RiverService for an undisclosed sum.
