Institutional investors

Development Bank of Kazakhstan to raise US$1 billion through loan sale

Development Bank of Kazakhstan announced plans to raise US$1 billion by selling off bad loans. The Development Bank of Kazakhstan JSC announced that they plan to sell KZT151 billion or US$1 billion worth of bad loans to the Investment Fund of Kazakhstan.


Waitrose Managing Director is now John Lewis Deputy Chairman

Mark Price, the Managing Director of Waitrose, has been appointed as Deputy Chairman of John Lewis Partnership.

US Crude oil futures slip, the first in five weeks

US crude oil futures suffered its first loss in five weeks as concerns about the slowing Chinese economy continue to haunt the industry.

A&P Grocery Chain to go on sale

Great Atlantic & Pacific Tea Co. announced in an internal memo that it could be selling the company to another supermarket operator or a private equity firm.


Latest News

Rapid Pathogen Screening revealed that it had collected US$6.25 million from Mallitz Investment Group.
Nakumatt Holdings announced that they are in talks with foreign equity investors. Nakumatt Holdings Ltd announced that they are in talks to sell close to 25% of its shares to investors abroad.
Investment firm Almaz Capital raised a total of US$102 million for its second funding. Russia-focused technology venture investor Almaz Capital has posted a US$102 million total for its second fund according to one of the company's securities filing.
Facebook faced two major mobile ad challenges. Undoubtedly, Facebook's mobile ad business has grown. Facebook ads are paid advertisements that are "relevant and interesting" to a user.
Conactus Pharmaceutical raised US $66 million after the company offered 6,000,000 shares at US $11 each during the initial public offering.
CommScope taps Deutsche Bank AG and JPMorgan to lead its IPO but the companies declined to comment on the matter.
Security operations platform provider VidSys accumulated US $15.65 million in equity financing from existing investors.
Onconova Therapeutics Inc. is set offer its common stock at US $15 during an initial public offering.
It was reported that Google planned to invest in Uber funding round. Google, through Google Ventures, was expected to participate in Uber's upcoming new round of funding.
PNC Financial Services Group gave Emerge Energy Services a US $150 million loan facility, which will be used to refinance its debt and to cover general corporate purposes.
Real Time Analytics