Pure Storage was able to raise USD150 million in its latest funding round for its operational expansion in the data storage market.
Investors
Sinopec purchases 33% of Apache Corp
Sinopec, the state owned oil and gas firm, forms Apache and Sinopec Group through the purchase of 33% of the Apache Corp.
SCA Property to fund new shopping center developments
SCA Property's gearing, its debt to ratio assets, is projected to rise to 33% and can rise to as much as 40% according to its CEO.
Morgan Stanley holds new BlackBerry purchases
Hedging against possible long term structural changes with Blackberry, Morgan Stanley has put on hold the purchase of new devices from the Canadian company amidst the turmoil the smartphone company is now facing.
AIG to divest ILFC ownership by sale or IPO
AIG has sought to divest its ownership of ILFC through a sale or if there is none agreed on, through an IPO.
Latest News
Vaultize's expansion into the Mumbai area is a step towards achieving its regional and domestic plans.
JP Morgan had conducted an internal probe on approximately 200 employees in Asia regarding the possibility of illegal nepotism.
Carl Icahn, the activist investor known to take major seats in companies and push for management change, had announced raising his stake in Nuance Communications Inc.
According to a Bloomberg report, Blackstone Group LP's real estate unit would take over Netherlands-based Multi Corp.
Several speculations stated that the giant software maker Microsoft Corp. would acquire stake in Foursquare Labs.
Potbelly Corp. announced its initial public offering as it intends to raise USD75 million to pay a previously declared cash dividend.
According to sources, CSN might call off the deal with German steelmaker ThyssenKrupp if the its Alabama plant would not be included in the offer.
NASDAQ OMX Group identified a software bug that had caused the three hour trading halt last August 22.
KPN foundation had intervened to block the EUR7.2 billion America Movil-KPN deal to safeguard the group's stakeholders.
