Sources told Bloomberg that Power Asset Holdings had approached banks for a USD 4.8 billion loan. Power Asset Holdings Ltd had been seeking a USD 4. 8 billion or HKD 37.
Investors
Forward Investment Partners participates in USD 2.8 million seed funding round for Wool and the Gang
Forward Investment Partners joined other private equity firms in the USD 2.8 million seed funding round for Wool and the Gang.
UK government plans to increase Royal Mail shares to cater to small, public investors
The Guardian said the British government might increase the 30% Royal Mail share allocation it would be selling to small and public investors.
Monroe Capital provides credit facility for acquisition of Escort Inc by Monomoy Capital Partners
Monomoy Capital Partners would acquire Escort Inc through the credit assistance of Monroe Capital. A funding worth USD78. 5 million senior secured credit facility was put in place by Monroe Capital to support the acquisition of Escort Inc.
Albion Ventures infuses funding to Aridhia Informatics
Albion Ventures had decided to invest in Aridhia for its cutting edge informatics platform. One of the largest venture capitalists in the United Kingdom, Albion Ventures, had led a substantial investment in health and biomedical informatics company Aridhia Informatics Ltd.
Latest News
According to anonymous sources, Zulily Inc would be disclosing the financial details of its public listing plans this week.
The initial public offering of Stock Spirits Group would value the company at GBP 420 million or USD 675 million.
Michael Smith, current Australia and New Zealand Bank CEO, in an interview with Bloomberg's Susan Li said Hong Kong is the stepping stone towards China.
Sources told Bloomberg that Italian Prime Minister Enrico Letta was pushing for a state-controlled firm to back Alitalia in its planned merger with Air France-KLM.
Real estate firm Ledermann Immobilien cancelled its planned IPO today because of low demand. Swiss-based real estate firm Ledermann Immobilien said it would not push through with its planned initial public offering (IPO) anymore.
According to a report from USA Today, the new USD 100 note has a distinctive feel and new security features.
CtW Investment Group urges recomputation of compensations and urged the opposition to compensation committee.
China, Korea, Japan and Taiwan are some of the possible strategic partners Bandanna Energy was discussing with
At the height of its business, BlackBerry servers provided supported its devices with secure email technology, which now is key to its survival.
