Finance/Venture
Reserve Bank of India: Private Placement Rules On Hold
The Reserve Bank of India is implementing a notification for private placements from non bank financial firms.
Apollo sends UniTek a commitment letter worth US$75 million
UniTek Global Services, Inc. received a commitment letter for US$75 million asset-based revolving credit facility.
Pimco Total Return recorded US$9.9 billion withdrawals in June
Pimco Total Return Fund of Bill Gross recorded US$9.9 billion withdrawals due to Federal Reserve's scaling back of its own purchases.
Toshiba acquires 76% stake from CyberGRID
Toshiba Corp. bought 76% stake in CyberGRID GmbH after its acquisition of Landis+Gyr in 2011 and Consert Inc. in February this year.
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Rifco Inc. issued common shares to employees under its Employee Share Ownership Plan. (Photo : Reuters)TSX Venture Exchange is a Canadian stock exchange that trades Rifco shares.
Chile allowed the state-owned miner, Codelco, to retain its US$1 billion profit for its new undertakings.
Grandpoint bank signs agreement to acquire Gilmore Bank (Photo : Reuters)Grandpoint Banks signs agreement to acquire Gilmore Bank Grandpoint Bank made the announcement today that they entered an agreement to acquire Gilmore Bank.
Deutsche Annington cancelled their July 3 market debut. (Photo : Reuters)Deutsche Annington, Germany's largest residential real estate company cancelled its market offering for July 3.
Encore Capital purchases majority shareholdings in Janus Holdings, an indirect holdings company of Cabot Credit Management.
Thomson Reuters Corp would buy Tradeweb Markets' foreign exchange option business for an amount they did not disclose.
HSBC Holdings Plc settled with the federal and state investigators's charges against it for US$1.92 billion.
Barclays may need to cut down on lending to comply with the Bank of England's leverage ratio requirements.
Sarah Peter is Twin Capital's new vice president, while Yoav Strammer is its new assistant trader.
Karan Mehandru was named as Trinity Ventures' general partner. (Photo : Reuters)This is the corporate logo of Trinity Ventures. Seed stage venture capital firm Trinity Ventures announced today that Karan Mehandru is the company's newest general partner.