A total of USD545 million in capital commitments was raised from five cornerstone investors included Chow Tai Fook Enterprises Ltd and China Vanke Co Ltd.
Investors
Opsumit approval renews takeover interest in Actelion - analysts
Analysts said the European Commission's approval of Actelion's lung disease drug would have potential investors bid for the Switzerland-based drugmaker.
Morgan Stanley projects recovery in Middle Eastern investment banking market
The Gulf region, after years of doldrums, is now on the road for recovery according to Morgan Stanley executives.
Cloud service for scientists Paxata nabs USD8 million in investment round
California-based startup Paxata has aided scientists in grueling data preparation leading to work analysis.
Russia's Sovcombank agrees on purchase of local GE Money Bank unit
General Electric decided to exit from its local banking unit for an undisclosed amount. On Monday, Sovcombank had signed an agreement to acquire General Electric's local banking unit.
Latest News
AMC Networks was set to own international content business Chellomedia for USD1.04 billion. According to AMC Networks Inc, it would be purchasing the international content business of Liberty Global Inc.
Russian state-owned diamond miner Alrosa had reduced its capital investment expectations for its planned IPO.
UK-based security services provider G4S did not want the GBP1.55 billion offer extended by private equity firm Charterhouse Capital Partners.
Lagardere's statement released on Monday was unclear regarding its rumored exit from pay-television operator Canal+.
A source disclosed to Reuters that a sale of Techpack Solutions Co Ltd could fetch over KRW432 billion or USD407 million.
Sources told the Wall Street Journal that KKR & Co would be pouring in an initial USD100 million in a wireless communications infrastructure project with investment firm Associated Partners LP.
Payfone was able to gather a USD 10 million investment from Early Warning Services. Payfone Inc said it was able to raise USD 10 million from Early Warning Services.
Blackstone Group President Tony James said he won't leave Blackstone despite share sale. Blackstone President Tony James said he was not looking for a career outside of the private equity industry.
Oil service company Green Field Energy Services Inc filed for a Chapter 11 bankruptcy protection in a Delaware court.
