Russia-based holding company AFK Sistema is considering buying a stake in Latvia-based telecommunications operator Lattelecom SIA to facilitate its expansion outside of Russia, but no decision has been made yet.
Investors
Australia's GPT quits CPA takeover battle
Australia-based real estate manager GPT Group will not increase its takeover bid for Commonwealth Property Office Fund (CPA), making way for Dexus Property and the Canada Pension Plan Investment Board (CPPIB) to make competing offers.
Verisk Analystics Inc to purchase EagleView Technology Corp in $650M deal
Verisk Analytics Inc, a New Jersey-based company that gives risk information to lenders and insurers, has inked an agreement to purchase aerial imagery and data analytics provider EagleView Technology Corp for $650 million.
North American oil producer IronGate acquires Green Light
Texas, US-based oil and gas exploration and production services provider IronGate Energy Services acquired North Dakota-based firm Green Light Energy Services for an undisclosed amount.
Visually closes Series A with $8.1M in round led by Crosslink Ventures
Visual content marketplace Visually said it closed its Series A funding round with $8.1 million. The round was led by Crosslink Ventures and joined in by other investors.
Latest News
Rose Rock Group, an alternative investment manager supported by the Rockefeller family, will be developing a residential and hotel project in Vietnam together with Vung Ro Petroleum Co, Bloomberg reported.
Japan-based railway and hotel group Seibu Holdings Inc and top shareholder Cerberus Capital Management LP agreed on a Tokyo listing for the Japanese firm in April, according to sources familiar with the situation.
Train manufacturer China CNR Corp has chosen China International Capital Corp, Macquarie Group Ltd and UBS AG for its share offering in Hong Kong, according to sources interviewed by Bloomberg.
China-based food and beverage manufacturer Bright Food (Group) Co Ltd agreed to buy Australia-based dairy firm Mundella Foods through its Australian subsidiary, Manassen Foods, for an undisclosed amount.
Emerging markets fund manager Mark Mobius is still betting heavily on Thailand, despite his Asia fund's largest decline in more than a decade, according to reports.
Social media giant Facebook acquired New York, US-based social conversations platform Branch Media in a deal reportedly worth $15 million to form a Facebook Conversations group.
Argentina-based investment group Corporacion America reached an agreement to buy the stake of entrepreneur Eike Batista in SIX Semicondutores, a Brazil-based billion-dollar semiconductor project, for an undisclosed sum.
Investors pulled out money from hedge funds at the fastest rate for more than four years in December, following a year in which many managers' performance disappointed, new data showed on Monday.
The Government Accountability Office said the spinoff of SAIC Inc invalidated the health services contract awarded to it by the National Aeronautics Space Administration, Bloomberg reported.
