Johnson & Johnson received numerous preliminary offers from hedge funds interested in acquiring its Ortho Clinical Diagnostics unit, said a Reuters report.
Institutional investors
Power Group EDG in talks with Dalkia to acquire Citelum
On Tuesday, Power group EDF confirmed an early press report that it has started talking to Dalkia France to acquire public lighting and urban electrical equipment company Citelum.
SNC appoints Morgan Stanley and RBC to help sell an equity stake in AltaLink
Morgan Stanley and the Royal Bank of Canada were appointed to help SNC-Lavalin Group Inc. sell an equity stake in AltaLink, according to a Bloomberg report.
Former Xstrata executive raises USD1 billion for new company
Mick Davis, a former executive in Xstrata Plc had raised USD1 billion from Noble Group and TPG, said a Bloomberg report.
Berkshire's Buffet to get more Goldman stake
Berkshire Hathaway Inc's founder and CEO Warren Buffet would get more than USD2 billion stock in Goldman Sachs Group, said a Bloomberg report.
Latest News
JC Penney shareholder Perry Corp had reduced its stake in the retailer, according to a filing showed on Monday.
Trail camera software solutions provider HuntForce starts off its investment round with a USD400,000 funding from three Omaha based investors.
Wells Fargo & Co. said last Monday that it would pay USD780 million in cash to Freddie Mac to settle all repurchased home loans liabilities.
Two hours prior to a midnight deadline to avert a US federal shutdown, US stocks closer lower on Monday.
Blackstone Group LP had been in talks to sell its stake in a New Delhi based property valued USD40 million, said sources.
The latest funding round saw Love Home Swap receives GBP1.025 million funding. Home swap holiday service Love Home Swap had announced it had raised another GBP1.
Twitch's Series C investment round garnered USD20 million. The world's foremost video platform and community for online gamers, Twitch, recently announced a Series C USD20 million investment.
Buyout firm Northstar Group, with its TPG backing, had opened a fund to surpass its previous high of USD820 million.
A USD15 million investment was recently announced by Clairvest to be received by Cieslok Media. The Clairvest Group had announced that it represented the group in its USD15 million investment in Cieslok Media, which was formerly known as Titan Outdoor Canada Company.
