India’s online retailer Snapdeal has raised funding estimated to be between $30 million and $50 million from eBay and Recuit Co of Japan.
Industry
AXA Private Equity sells its Aixam Mega to Polaris Industries
European private equity firm AXA Private Equity has sold its majority stake in Aixam Mega to Polaris Industries, a US in group specializing in powersports.
Seibu Opposes Cerberus's Renewed Efforts to Increase Stake to 44.7 Percent
Japan's railway and real estate group Seibu Holdings has opposed the renewed attempt of Cerberus Capital Management LP to increase its stake in the company to 44.7 percent.
JC Penney hires Blackstone; Ackman willing to infuse additional capital
Beleaguered company J. C. Penney Co Inc has engaged the services of Blackstone Group LP's financial advisory arm for their expertise on how to best position the firm financially, according to sources.
Nasdaq Cuts Greifeld's Bonus over Facebook IPO fiasco
Nasdaq OMX Group Inc's chief executive Robert Greifeld's 2012 annual bonus has been slashed over the mishandling of Facebook's Inc. initial public offering last year.
Latest News
More than 1.5 billion euros in deposit inflows have trickled back to Greece in March bringing the total to more than 19 billion euros that have been returned to Greece since June last year.
The Head of the Statistics Department of the General Administration of Customs in Beijing admits providing incorrect and groundless data.
Top real estate investors listed on the EGX show slight gains as demand increase as a hedge against the upcoming inflation due to currency devaluation.
Private equity firm, Advent International, has opened an office in China, just like other big private equity firms The Carlyle Group CVC and Bain Capital.
Australian surfwear firm Billabong announced that it has entered into a 10-day exclusive takeover talks with its former head Paul Naude and private equity firm Sycamore Partners.
The U.S. Securities and Exchange Commission has adopted new rules that require stock brokerages, mutual funds and investment advisers to establish programs to help detect identity theft.
The Canadian government has announced a government investment that allows Toronto-based startup ThoughtWire access to close to $2 million financing from southern Ontario angel investors to accelerate the development of its innovative software platform.
Cortland Fund Services has been chosen to provide fund administration services to four new private equity real estate funds managed by real estate management firm BainbridgeZKS.
Indian private equity investments decreased by a quarter in Q1 2013, according to the latest Quarterly Deal Report of VCCEdge.
