US-based utilities MidAmerican Energy holdings Co and NV Energy completed their merger after gaining state and federal approvals fro
Investors
California analytics firm Tidemark secures $1M in funding
California, US-based business applications vendor Tidemark has raised more than $1 million in a new funding round, according to a filing submitted to the US regulators.
Arbitration panel orders Wells Fargo & Co to repurchase auction rate debt
A Financial Industry Regulatory Authority arbitration panel ordered the San Francisco-based brokerage unit of Wells Fargo & Co to buy back auction rate securities amounting to $94 million from its investors.
New Jersey private equity firm DFW Capital raises $162.5M for fourth fund
New Jersey, US-based private equity firm DFW Capital Partners has closed $162.5 million for its fourth fund called DFW Capital Partners IV, shooting past its $150 million target.
Brookwood acquires The Embassy in Texas
Massachusetts, US-based private equity firm Brookwood Financial Partners has acquired The Embassy, a 10-storey office property located in the Las Colinas complex in Irving, Texas, for an undisclosed amount.
Latest News
Japan-based gaming company Nintendo will temporarily take down its eShop for 12 hours beginning 4:00 pm Eastern Standard Time to remedy high traffic and merger issues, according to The Next Web.
Brazil-based fixed-phone company Embratel Participacoes will pour in BRL2.2 billion ($944 million) into Mexico-based mobile phone company Claro as part of a plan to merge the group's fixed and mobile divisions.
Norway-based firm Telenor has bought additional shares worth INR1,000 crore in India-based telecom firm Telewings Communications, bringing its ownership in the Indian firm to 74%.
South Korean oil refiner operator GS Holdings Corp entered into an agreement with commodity trader LG International Corp to acquire a combined stake in STX Energy for $598 million.
Asian Development Bank President Takehiko Nakao expressed his confidence about Asia's economy should US Federal Reserve proceed with its plans to reduce its quantitative easing program.
A recent rating by New York-based Macquarie analyst Ben Schachter urges investors that the time to sell shares in Twitter Inc is now despite its positive performance after debuting on the New York Stock Exchange last month.
Singapore-based asset management company Black River Capital Partners Food Fund Holdings (Singapore) Pte Ltd has increased its holding in Philippine-based food exporter AgriNurture Inc, according to a stock exchange disclosure.
Cork, Ireland-based consumer electronics distributor PCH International announced it has acquired Australian distribution company Conexus for an undisclosed amount to give its clients better access to the Australian and Asian markets.
Textron Inc Chairman and Chief Executive Officer Scott Donnelly disclosed to analysts and investors in a teleconference today that it will be financing its acquisition of Beech Holdings LLC via debt.
