Payfone was able to gather a USD 10 million investment from Early Warning Services. Payfone Inc said it was able to raise USD 10 million from Early Warning Services.
Deals
Liberty Global sells Chellomedia business to AMC Networks in USD1.04 billion deal
AMC Networks was set to own international content business Chellomedia for USD1.04 billion. According to AMC Networks Inc, it would be purchasing the international content business of Liberty Global Inc.
Alrosa expects share sale to raise USD1.3 billion
Russian state-owned diamond miner Alrosa had reduced its capital investment expectations for its planned IPO.
G4S dismisses Charterhouse Capital's USD2.5 billion bid for cash solutions unit
UK-based security services provider G4S did not want the GBP1.55 billion offer extended by private equity firm Charterhouse Capital Partners.
Lagardere confirms discussion with Vivendi over fate of its Canal+ stake
Lagardere's statement released on Monday was unclear regarding its rumored exit from pay-television operator Canal+.
Latest News
Blackstone Group President Tony James said he won't leave Blackstone despite share sale. Blackstone President Tony James said he was not looking for a career outside of the private equity industry.
A source told Bloomberg that Virtela Technology Services would be bought by NTT Communications Corp for USD 512 million.
General Motors Co said there were no problems with its partnership with Shanghai Automotive Industry Corp.
Sources told Reuters that Patton Boggs was talking with another law firm for a possible merger. Sources told Reuters that Washington-based law firm Patton Boggs was in merger discussions with a larger law firm.
After accepting Yue Xiu Group's takeover bid, shares of Chong Hing Bank dropped the most in five weeks.
Guy Carpenter said the global pension fund industry has invested USD 10 billion worth of funds in insurance.
Nexon Co would be doing more deals to enhance market share and increase revenues in North America. Japanese online games maker Nexon Co said it would be looking more deals to increase its revenues in the US.
Livonia Partners would be investing in three Baltic economies with a private equity fund valued at USD 117 million.
Equifax Credit Information Services would receive an undisclosed amount from SBI as an investment. Equifax Credit Information Services, the India-based credit information bureau, announced that State Bank of India would be making an investment in the company.
