Institutional investors
Eike Batista sells LLX Logistica sale to EIG Global Energy Partners, raises money for superport completion
Eike Batista sold his shares in LLX Logistica to EIG Global Energy Partners for USD 562 million. Brazilian businessman Eike Batista ceded control of LLX Logística to EIG Global Energy Partners.
Salsa Labs Inc receives USD 2 million venture debt from Wellington Financial
Salsa Labs scored USD 2 million in venture debt financial from Toronto-based Wellington Financial. Wellington Financial provided venture debt financing to Salsa Labs Inc worth USD 2 million.
Abhay Pande is American Capital Energy & Infrastructure's Managing Director
American Capital Energy & Infrastructure appointed Abhay Pande as its new Managing Director to help the firm build its Asian platform.
CWI acquires Raleigh Marriott City Center for USD89 million
Carey Watermark Investors bought Raleigh Marriott City Center from Interstate Hotels & Resorts for USD 89 million.
Latest News
Barclays Finance Director Chris Lucas left his post due to health reasons as the multinational bank preps for their GBP6 billion cash call.
India's biggest producer Tata Steel is looking for a comeback with a 30% rise in share price this year, prompting an industry observer to suggest that investors sell their Tata stake now.
Billionaire Carl Icahn's tweet influenced Apple share prices, making the leading tech company's stock valuation rise by as much as USD17 billion.
Billionaire Prem Watsa could be the key to any successful Blackberry deal. As beleaguered smartphone maker Blackberry Ltd begins to contemplate a sale of its holdings, Reuters reported that the success of any deal would rest in the hands of Prem Watsa.
Generator Hostel is on acquisition spree backed by Patron Capital. The award winning urban design hostels group, Generator, had announced the acquisition of two further locations in both Paris and Rome.
Wanderu, the searching and booking start up firm, has received about US$2.45 in investment funds from established firms in the industry.
Renewable Resources Group Inc agrees to purchase Black Diamond Capital Management's Sun World International LLC.
Catavolt Inc scored USD 5 million for its Series B funding round. The world's foremost creator of a platform for cloud middleware enterprise mobility recently announced the closure of its Series B investment round.
Arkami gathered USD 1.8 million in Series A funds to develop myIDkey. Arkami, maker of myIDkey, raised USD 1. 8 million in Series A funds. The round was led by McNeel Capital, Gordon Clemons, Mark Swanson and other unnamed angel investors.
Extreme Reach said it had agreed to the acquisition of the TV business of Digital Generation for USD 485 million.