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.
Deals
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.
Alibaba strengthens vulnerable areas ahead of public debut with acquisition: report
Chinese e-commerce firm Alibaba is trying to buttress its weaknesses ahead of its public debut later this year by acquiring firms, the Financial Times reported.
US wearable tech firm Basis puts itself for sale on the market -sources
San Francisco, California-based wearable tech firm Basis Science put itself up for sale and is currently in acquisition talks with Google, Apple, Samsung, and Microsoft, according to two sources familiar with the situation.
Israel-based drugmaker Teva Pharmacuetical Industries is Soros' single largest stockholding
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.
Latest News
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.
New York, US-based investment advisor Jana Partners took a majority stake in Sunnyvale, California-based networking equipment manufacturer Juniper Networks for an undisclosed amount, according to a regulatory filing.
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.
Berkeley, US-based biotech startup Exogen Biotechnology turned to crowdfunding to raise money for its DNA damage measuring technology amid shortage of venture capitalists investing in biotech firms.
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.
Dublin, Ireland-based online jewelry retailer Coldlilies snagged $50,000 in funding from Enterprise Ireland's Competitive Start Fund fr female entrepreneurs to begin next phase of the business.
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.
Jacksonville, US-based domestic trucking and international shipping firm Momentum Transportation USA Inc acquired JIX International Freight Services for an undisclosed amount to expand its worldwide operations.
Miami, Florida-based healthcare analytics startup QualMetrix raised an undisclosed amount in its Series A funding round to continue its expansion efforts through acquisition of other related companies.
