Santa Monica, US-based media entertainment firm Content Media Corp acquired Beijing, China-based producer Alive Group for an undisclosed amount to gain access to the booming Chinese market.
Equity Financing
Singapore's sovereign wealth fund GIC backs Intelligent Energy Holdings with $63M
GIC, a sovereign wealth fund in Singapore that manages its foreign reserves, has supported UK-based Intelligent Energy Holdings with $63 million, a statement about the funding said.
Jersey-based gold explorer Lydian pockets C$4.7M in private placement
Saint Helier, Jersey-based gold mining and minerals exploration Lydian International pocketed C$4.7 million in a private share sale to its shareholders International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (ERBD) to fund its operations in Armenia.
California biotech seed firm Ceres gets $23M from public offer
Thousand Oaks, US-based agricultural biotechnology seed firm Ceres Inc got $23 million from a recent public offering of common stock to be used for its operations and other corporate purposes.
Rox lands $3.3M in share placement to fund nickel project in Australia
West Perth, Australia-based mineral exploration firm Rox Resources landed $3.3 million from the placement of 73.3 million shares to fund its nickel project in the Goldfields.
Latest News
West Perth, Australia-based public exploration and mining firm Golden Rim Resources raised $491,000 in placement to continue developing its Balogo project in Burkina Faso, Africa while the firm is still trying to determine other funding options.
Backed with a $20,000 convertible note from Atlanta Capital, Yik Yak is an anonymous messaging app that allows college students to share their gripes to other users within a five-mile radius, TechCrunch reported.
The Number 1 travel search engine in Russia, Aviasales, has obtained a $10 million investment from iTech Capital who will take a minority stake in the company which operates under the JetRadar brand internationally, TechCrunch reported.
Teen apparel retailer Aeropostale, which had posted losses for four straight quarters, is reportedly mulling over a capital increase from private equity investors. Should the teen apparel retailer decide to raise capital, Aeropostale may do it via a private investment in public equity (PIPE) deal.
As banks shed off their private equity units to comply with the Volcker Rule, the executives of these newly-independent firms will find themselves doing more travel in their search for new investors, The Wall Street Journal reported.
India-based HCL group invests in Bharat Family Clinic to bet on preventive healthcare market- report
India-based technology firm HCL has entered into the healthcare segment with an equity position in Bharat Family Clinic, causing a buzz in the sector, the Business Standard reported.
Applications filed with the US Department of Transportation by Easter Air Lines Group Inc in order to take the long-defunct Eastern Air back to the skies again, Reuters again.
Charlottesville, Virginia-based wind power developer Apex Clean Energy Inc raised around $4.4 million in the latest stage of its $25-million equity funding round which started last year.
Hutton Collins, a provider of preferred capital, will be investing €50 million in the form of a subordinated loan and minority equity interest in Dedalus Group, a healthcare IT systems company based in Italy.
