Canvera awarded more venture capital money Canvera Digital Technologies Pvt Ltd was able to raise about US$6. 5 million in Series B round of funding from other sources at a time when known venture capitalists are leaving the market.
Industry
SAP AG to Acquire Leading Optimization Software Provider SmartOps
SAP paves way to develop real-time supply chain software solutions as it plans to merge with SmartOps
Rally Rattles Hedge Fund Managers
Credit rally makes hedge fund managers nervous for 2013. Hedge fund managers are scampering for safety as a huge credit rally evaporates investor confidence in the market.
LBO Protection Demand by US Bond Investors
Bond investors seek new options during leveraged buyouts. The increasing number of large leveraged buyouts or LBOs is making many investment-grade debt investors nervous, calling out the US government to institute more protection be given them in light of current developments.
Capitalization Boost Expected with CDS books sale
Banks are now cleaning the vestiges of the 2008 market crash by dumping CDS instruments. In a house-cleaning move, several major banking institutions are trying to rid itself of the credit portfolios that had been the major cause of the 2008 global financial crisis.
Latest News
Wells Fargo continues private equity investment activity despite Volcker Rule. Wells Fargo and Co CEO Dick Kovacevich initially had reservations about banks dabbling in private equity investments.
CSC divesting interest in ESI. An agreement was recently reached by CSC and Itochu Techno-Solutions Corporation (CTC) together with the ITOCHU Corporation for the sale of the Enterprise Systems Integration (ESI) unit at CSC.
Aperam has teamed up with two steel makers to purchase the plant owned by Outokumpu, which has been aiming to get regulatory approval for purchasing a steel business in 2012.
Leighton and Ontario Teachers' Pension Plan Reached Agreement on the sale of 70 percents of telecommunication assets.
Global stock markets rose on Tuesday as U.S. stocks were boosted by news of yet another possible merger that suggested there is still room to the upside, while a pick-up in German economic sentiment supported European stocks.
Boost & Co. and Management Engineers both signed in an acquisition deal to boost consultancy approach.
Bids, mergers, acquisitions and disposals were reported on Tuesday (Photo : Reuters) A courier van of UPS is seen in front of the head office of TNT in Hoofddorp, the Netherlands March 19, 2012.
In a move that might lift the spirits of cash-strapped Britons before the next general election, the government is considering giving away its stake in state-controlled Royal Bank of Scotland RBS.L by 2015, newspapers reported on Friday.
Bids, mergers, acquisitions and disposals reported on Friday including Abu Dhabi telecom firm Etisalat's syndicated loan of up to $8 billion to finance a bid for Vivendi's percent stake in Maroc Telecom
