The Southwark Borough Council of London approved the proposed real estate development plan proposed by the Carlyle Group on the southern bank of the Thames River.
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Sources: Blackstone among bidders for Versace stake
According to sources that told Reuters, US private equity firm Blackstone would be among possible bidders for Versace's minority stake.
Stonepeak Infrastructure Partners raises USD1.65 billion for its infrastructure fund
Former Blackstone Group unit Stonepeak Infrastructure Partners raised an oversubscribed fund totalling USD1.65 billion.
Late subsidy forces Simran Wind to stop expansion plans
The late release of government subsidy for the IFC backed Simran Wind Project Pvt forces it to shelve expansion plans.
South Africa's largest telecoms firms may undertake cutbacks if no compromise reached with regulators
MTN and Vodacom may be forced to cut back its business should no compromise be met on mobile termination rates.
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About GBP40 million was invested into Oxford Nanopore Technologies by new and old investors for the expansion of sales and manufacturing capacity of the company.
A hacker identified as James Forshaw received USD100,000 in prize money from Microsoft Corp's bug bounty program for finding a new way to bypass security of Windows 8.1.
Meetup had acquired its first company, tech startup Dispatch, for an undisclosed amount. Offline group meeting facilitator platform Meetup had made its first acquisition.
In a joint statement, Bharti Retail and Walmart dissolve their Best Price partnership in India. After weeks of speculation, Bharti Enterprises and Wal-Mart Stores Inc had announced that they are going on their separate ways for operations in the retail sector.
Splice was able to raise USD 2.75 million in seed capital from its latest funding round. Splice announced the close of its seed funding round with USD 2.
Verisae acquired Hara Software for an undisclosed amount. Verisae announced its purchase of Hara Software. No financial terms were disclosed. However, Verisae Chief Executive Officer Jerry Dolinsky said the acquisition was highly strategic.
Shares of SFX Entertainment Inc dropped 2.6% in early trading post-IPO. Music festival producer SFX Entertainment Inc saw its share price dropped in early trading just after raising USD260 million in its public listing.
In a bid worth AUD1.5 billion, Westpac stands to acquire the asset finance and commercial lending units of Lloyds Banking Group in Australia.
Thoma Bravo would be purchasing Empirix Inc for an undisclosed amount. Private equity firm Thoma Bravo announced that it had inked a definitive agreement to purchase Empirix Inc.
