Billionaire investor Wilbur Ross spent USD100 million to acquire vessels hauling dry commodity. Wilbur Ross, billionaire investor and owner of WL Ross &Co.
Institutional investors
Alfa Romeo seen halting overhaul due to pending Fiat-Chrysler merger
As the process to close the Fiat-Chrysler merger ongoing, automotive news site Autocar observed that Fiat had stopped its development plans on its Alfa Romeo vehicle series.
Investor hype does not spell long-term success for Twitter - report
A Forbes contributing article by an economist said Twitter's massive hype could not save itself from faring better on the stock market in the long-run.
NYSE now leading tech IPO listing race against NASDAQ
Since the Facebook bungle, Nasdaq had been hard pressed to recover to list more tech IPO stocks in its fold.
Twitter's IPO volume sends message to fellow start ups
Market acceptance at an IPO lull period is the message Twitter sent to all fellow start ups. The initial public offer of Twitter had sent a powerful signal to technology executives reviewing market floats of Silicon Valley startups.
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The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:- Healthcare conglomerate Danaher Corp has teamed up with Blackstone Group LP BX.
In preparation for its 2014 IPO, Box had appointed banks to manage the share sale and market debut. Another one of Silicon Valley's highly anticipated IPO issues is data storage company Box.
The following bids, mergers, acquisitions and disposals were reported on Friday. The following bids, mergers, acquisitions and disposals were reported on Friday:- Healthcare conglomerate Danaher Corp has teamed up with Blackstone Group LP BX.
Many private equity firms and partnerships are in the process of formulating their bids for diagnostic unit of Johnson&Johnson.
Estonia revealed its plan to raise a new fund of EUR60 million for the development of a second Skype.
Espresso Logic's first reactive logic programming based database backend merits seed funding in the amount of USD1.6 million from renowned Silicon Valley angel investors such as Inventus Capital.
A total of USD6 million in capital was provided by Guggenheim Partners for CardCash for growth financing purposes.
The maiden fund of India's Kedaara Capital had reached a total amount of USD540 million. Kedaara Capital of India, which was co-founded by the former head for India of Singapore's Temasek Holdings, recently announced the accumulation of USD540 million for its maiden fund.
Choose Energy's newly minted CEO Kerry Cooper would lead the company to new markets with new capital infusion from its latest Series B funding round.
