A report in Reuters called the royal baby's arrival as a $380-million stimulus package for the struggling British economy.
Finance/Venture
C2FO nets US $18 million in new round led by Mithril
C2FO gets US $18 million in funding in a round led by Mithril along with its existing investors. C2FO, a market for working capital, closed US $18 million funding in a round led by San Francisco-based investment firm Mithril.
Aimia acquires Smart Button
Aimia announced the successful purchase of Smart Button. Aimia Inc. announced that they have acquired Smart Button with a purchase price of US$18 million.
Alaska to invest in funds handled by the Carlyle Group
The Alaska Permanent Fund Corporation committed to invest in funds managed by the Carlyle Group. The Alaska Permanent Fund Corporation agreed to invest US$750 million in funds handled by the Carlyle Group.
Lenderlive expands partnership agreement with Mortgage Harmony Corp
LenderLive announced the expansion of their partnership agreement with Mortgage Harmony Corp. Mortgage Harmony Corp. , said that they have expanded their strategic alliance with LenderLive Network, Inc.
Latest News
PacWest Bancorp said that they will acquire CapitalSource Inc for US$2.29 billion in cash and stock options.
Milestone Capital stated that they would rather choose to offload their assets than to sell the firm.
Hedging should not be automatically done as this can be studied to make the position more viable in the long run.
Elastic Path Software received C$12 million worth of funding from several investors including Yaletown Venture Partners.
Investment advisory firm Evercore announces new senior managing director appointed to set up Singapore branch.
Everstone Capital agreed to acquire a significant minority stake in Hinduja Leyland Finance. Everstone Capital revealed that it had agreed to invest around INR200 crore in Hinduja Leyland Finance.
State Bank is set to take over the fifth-largest lender in Mongolia. Savings Bank, Mongolia's former fifth-largest lending entity, will be taken over by its state-owned competitor, State Bank after being declared insolvent.
Discount and Koor shares rise to highest number in 14 months. Discount Investment Corp. (DISI) shares rose 8. 3 percent to 17. 29 shekels, resulting the highest value since May 2012.
Indian government calls out to millions of non-residents for revival of rupee. India is planning on reviving the rupee by reaching out to millions of its non-resident citizens to assist in reversing the currency decline.
