TPG Capital is undertaking the sale of UniTrust Finance and Leasing Corp. TPG Capital, the US private equity firm is selling off UniTrust Finance and Leasing Corp of China for US$800 million.
Institutional investors
Aus$1 Million raised for Spondo
Spondo raises Aus$1 million for capital expenditures. Spondo Global CEO & Director Chris Adam undertook a series of fundraisers in Melbourne before proceeding to the United States for the first part of a two-month fundraising itinerary.
First Institutional Funding for The Football App
First round capital funding for popular The Football App reaches Eur10 million. The Football App was able to increase its first institutional funding with a Eur10 million Series A capital funding from a group of investors headed by Earlybird Venture Capital.
Additional US$17.1 Million for Vidyo from New Investors
Vidyo raises another US$17.1 million in investments. In an announcement today, Vidyo, Inc disclosed that it was able to secure an additional US$17. 1 million in financing.
San Miguel Bond Issue Has Effects
The oversubscription of the San Miguel Corp bond issue brings with its dislocation according to institutional investors.
Latest News
JP Morgan advises investment cutbacks in light of Gazprom dividend and other factors. JP Morgan Chase & Co has advised its clients to reduce its shareholdings in Russian stocks as OAO Gazprom has proposed a dividend cut.
Silver Lake's bid for Dell would push through amidst the financial and legal consequences written into the offer.
Cathay Fortune said it would not support the plan of Discovery Metals to expand capitalization. The top shareholder in Discovery Metals Ltd, private equity firm Cathay Fortune Corp said it would not vote for the approval of the company's plan to increase capital funding.
Ameriprise is set to bid for Scottish Widows. American financial service provider Ameriprise Financial is preparing a GBP800 million or US$1. 22 billion bid for Scottish Widows, the asset management arm of Lloyd's Banking Group.
Greece to receive aid for payment of its bills. According to reports of two Greek newspapers on Saturday, about Eur3. 2 billion was set aside to rescue Greece from its financial obligations, which came earlier than expected.
Alexander Machkevitch and other ENRC co-founders to partner with Kazakh government to make a bid for ENRC.
SeaWorld CEO hints at overseas expansion in light of successful IPO. From the humble beginnings of being a parking attendant at Busch Gardens, James D.
Peltz's Train Fund exploring possibilities in the snack food business. Nelson Peltz's Trian Fund Management bought US$3. 7 billion shares from Mondelez International and PepsiCo, according to sources that have knowledge of the investment.
KPMG purchases Makinson Cowell to assist in determining shareholder opinion on company management. KPMG is in the process of acquiring Makinson Cowell, the London-based corporate advisory firm.
