A partnership was forged between KKR and KUFPEC to bid for the oil and gas subsidiary of DWE, DEA RWEDE.
Institutional investors
Bitcoin's shows signs of a bubble via record price points - report
Some industry observers see the rise in Bitcoin value as a bloated valuation. In an article on TechCrunch, digital currency Bitcoin was reportedly on a comeback after a series of market value setbacks.
Vietnam to open foreign ownership rules
Vietnam is now in the process of allowing foreigners greater participation in local industry and cut back on government participation.
Buyout firms to target European retailers to capitalize on low interest rates- Moody's Investors Service
According to Moody's Investors Service, buyout firms would be targeting European retailers to take advantage of low funding costs.
Latin Idea Ventures invests in Linio
Latin Idea Ventures led the USD 50 million financing round of e-commerce platform Linio. Mexico-based venture capital firm Latin Idea Ventures invested in e-commerce startup Linio.
Latest News
The following bids, mergers, acquisitions and disposals were reported on Wednesday The following bids, mergers, acquisitions and disposals were reported on Wednesday:Germany's Siemens agreed to sell the bulk of its water technologies business to private equity group AEA Investors for 640 million euros ($862 million).
Software provider Centro has bought self-serve platform for banners ads SiteScout Inc. Chicago-based Centro acquired Canadian company SiteScout Inc for an undisclosed amount.
Signal Hill Equity Partners closed its investment in Calgary, Alberta-based oil and gas engineering company OEL Projects Limited.
Web security solutions firm Wallarm receives USD 500,000 in seed investment from Runa Capital. Runa Capital has made a USD 500,000 seed investment in Moscow, Russia-based web security solutions company Wallarm.
CIT Corporate Finance provided a senior secured credit facility worth USD 35 million to wireless communications towers operator Central States Tower II.
Pinterest analytics platform Tailwind scored USD 1 million in seed funds in a round led by i2e. Tailwind announced that it was able to obtain USD 1 million in seed financing.
Startup what3words raised USD 500,000 from angel investors to develop their location pinpointing platform.
Software-as-a-Service platform Granify obtained seed funds worth USD 1.5 million from venture capitalists and angel investors.
Bain Capital Ventures, Battery Ventures and Summit Partners contribute a total of USD30 million in the latest funding round of Gainsight.
