The Carlyle Group said it would buy the Red Oak power plant in New Jersey and announced the completion of the acquisition of five other facilities in California.
Institutional investors
JPMorgan anticipates loss from mortgage group
JP Morgan Chase & Co. CFO Marianne Lake forecast losses from its mortgage origination business during her presentation to investors held last Monday.
HookLogic closes Series B growth funding
HookLogic raised a USD14 million in Series B growth funding. HookLogic had received a USD14 million Series B growth investment to further expand its leadership in the commerce search advertising industry.
Prem Watsa's efforts to buyout Blackberry causes jump in share prices
Blackberry shares jumped slightly as rumors of a buyout offer from its biggest shareholder became news.
FireEye prices shares for its IPO
The much awaited IPO of cybersecurity firm FireEye would push through with a pegged price of between USD12 and USD14 per share.
Latest News
Tyres on the Drive scored GBP 1.5 million in a round led by MMC Ventures. Tyres on the Drive (TOTD) announced that it received an additional GBP 1. 5 million in a funding round.
Apollo Global Management would be buying Evo Banco for USD 79 million. Apollo Global Management agreed to acquire Evo Banco for EUR 60 million or USD 79 million.
LeapFrog Investments gathered USD 204 million in capital commitments for Fund II. LeapFrog Investments collected USD 204 million for its second fund in just eight months.
Debuting on Comcast Corp's television network NBC, "The Million Second Quiz", its advertisement partners were optimistic that the novel format show would provide revenue opportunity.
Zoopla engaged the services of Credit Suisse for its IPO. Zoopla, the British property website, had engaged the services of the investment bank Credit Suisse in order to explore growth opportunities.
In an expected move, Versace is set to sell minority shares. The Italian luxury goods house Versace was, eariier this year was in discussion with a sale to Qatar, contracted to privately sell a minority stake in 2013.
Theme park operator Merlin Entertainments Group had drafted plans to undertake an IPO. The Merlin Entertainments Group has planned to raise nearly GBP3 billion or USD4.
Three teenage 'exorcists' claim UK is overcome by Satan's work and spells from Harry Potter.
The Municipality of Abu Dhabi launched a new project and sought for investors in its planned installation and operation of street retail kiosks.
