A projected USD150 million would be earned when 500.com lists its shares for an IPO at the New York Stock Exchange.
Institutional investors
Secure messaging app Cureatr nabs USD5.7 million in Series A funding round
Cureatr's primary product, a secure messaging app for doctors, received significant backing from investors including Milestone Venture Partners and Cardinal Partners.
Majid Al Futtaim sets max deal volume for hybrid bond
The deal pegged to be at USD500 million is now worth USD1 billion. United Arab Emirates mall operator Majid Al Futtaim had set a maximum deal volume of USD500 million for a new hybrid bond according to a source familiar with the transaction.
Bromium raises USD40 million in Series C investment round
Bromium's oversubscribed Series C funding round had raised USD40 million. Bromium, whose micro virtual machine technology assisted IT administrators in trapping malware, raised USD40 million in investment capital.
Private equity firm Ardian proves secondary market is well through acquisitions - fund
Private equity firm Ardian acquired stakes in buyout funds amounting to USD 4.3 billion, proving that the secondary market is alive and well.
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According to demand, Riverstone Holdings would increase the IPO volume of Riverstone Energy. A demand from buyers for the minimum GBP670 million or USD1.
While there was an offer made for the club, Birmingham City management said that there were 'no immediate plans' to sell.
Seeing a decline in its fees and revenues in its current market, Fidelity Investments goes into ETF management, a market dominated by the Vanguard Group and BlackRock Inc.
Teads closed its Series A investment round with USD 5.2 million from Partech Venture and Elaia Partners.
Sideris Pharmaceuticals Inc received USD 32 million in capital commitments in its Series A funding round.
Canso Select Opportunities Fund closed its Toronto IPO with USD 90 million. Lysander Funds Limited announced that its Canso Select Opportunities Fund completed its initial public offering at the Toronto Stock Exchange today.
Blackstone Group and GIC agreed to buy a 28.5% stake each in Rothesay Life, the European insurer of Goldman Sachs.
The initial public offering of Meridian Energy Ltd could raise up to NZD 2 billion. Two people who were familiar with the matter said the government of New Zealand would stand to gain in the public listing of state-owned Meridian Energy Ltd.
Wayfair LLC Chief Executive Officer Niraj Shah had disclosed that it would be holding a venture capital round soon.
