Surgutneftgas announces US$29 billion cash pile amidst a tangled web of financial reporting information.
Growth Equity
Uber's CEO Says No Financing Discussions Ongoing
Uber is said to be in venture financing discussions despite CEO pronouncements. Uber, the fast growing alternative taxi transportation service is now in discussion with a venture capital firm about a new funding round that is forecasted to value the company at about US$1 billion.
Icahn Increases Stake in Nuance Communications
Carl Icahn increases stake from 9.27% to 10.72% in Nuance Communications. Activist billionaire investor Carl Icahn has increaseed his shareholdings in software manufacturer Nuance Communications.
Apple Inc Offers US$17 billion
Apple, in the largest bond deal for the year, offers US$17 billion to assuage shareholder fears over falling profits and declining growth.
Veeva System to do IPO
Veeva System to list IPO with the help of Morgan Stanley and Deutsche Bank AG. Software company, Veeva Systems, is planning to undertake an initial public offer of its shares.
Latest News
BBVA Tier 1 bond has been made and called by many potential investors. The second largest bank in Spain, BBVA has received orders for over US$5 billion for the bank's additional Tier 1 non-callable perpetual five year bond.
Clariant is seeking a partner or funding to finance its second generation bioethanol plant. Clariant AG is preparing to be in bed with a partner to help raise funding for its second generation bioethanol plant.
Unilever offers 600 rupees per share of Hindustan Unilever shares. Consumer goods conglomerate, Unilever Plc, has tendered an offer to pay as much as US$5.
Equiduct Systems gets new capital infusion from new investors. Equiduct Systems had obtained capital infusion from new investors such as BNP Paribas SA and Winterflood Securities.
Opsona Therapeutics raises US$44 million for OPN-305. Opsona Therapeutics has raised Eur33 million or US$43 million in Series C financing that was oversubscribed.
KKR,because of the dearth of bank loans in Spain, loans money to Uralita. The asset management division of Kohleberg Kravis Roberts & Co LP granted a Eur320 million or US$419 million to Spain's Uralita SA.
Asian insurance industry investors see no sign of slowdown for fast growing market. A frenzy is underway in the Asian insurance industry and it has made many pay large sums so as not to miss opportunities to participate in the region's fastest growing market.
The deVere Group opens its offices on the Cayman Islands. The deVere Group has recently announced the establishment of its regional office in the Cayman Islands as a signal to its presence in the area.
Renault-Nissan CEO Carlos Ghosn expects approval for the China plant for the carmaker to be approved by the end of the year.
