Deals
GazProm Takes $2.17 Billion Loan From China
Russian energy company GazProm signed a loan agreement with Bank of China on Thursday. GazProm borrowed €2 billion ($2.17 billion) on a 5-year term
Roofstock Raised $13.25 Million, Inaugurates Rentals Marketplace
Roofstock gets Series A funding of $13.25 million led by Bain Capital Ventures. The funds will be used in an online marketplace and will be launched on Thursday in Florida.
Samsonite to Acquire Luggage Competitor Tumi for $1.8 Billion
It was agreed that Samsonite is to acquire luggage-manufacturer rival Tumi for about $1.8 billion. Samsonite has long been interested in Tumi and its acquisition is considered the biggest deal made by Samsonite.
Northern Trust Subsidiary Acquiring Aurora Investment Management
Northern Trust subsidiary 50 South Capital Advisors is going to acquire Aurora Investment Management, a Natixis Global Asset Management subsidiary. Both the parties are maintaining silence on terms of the deals which is expected to close by the end of September. Most of the Aurora Investment professionals will continue their service.