Investors
Data Collective hires Dr. Todd Papaoiannou
The venture firm hires Todd Papaoiannou as its Entrepreneur in Residence. An infrastructure venture hedge fund focused on early stage Big Data developments had recently announced that it had appointed Dr.
Marriott to sell Edition hotels in London, South Florida and Manhattan
Marriott planned to sell its three Edition hotels in London, South Florida and Manhattan upon completion of their construction.
Wells Fargo purchases ING US$1.6 billion commercial property debt
Wells Fargo and Co agrees to buy ING Real Estate Finance debt worth US$1.6 billion. Wells and Fargo Co agreed to purchase the twenty-nine loans incurred by ING Real Estate Finance debt.
US regulator okays ICE takeover of NYSE Euronext
The US Securities and Exchange Commission approved the takeover by IntercontinentalExchange of NYSE Euronext.
Latest News
Game titles from EA are bundled together to raise money for the company's favorite charities. In order to raise money for its charities, Electronics Arts have offered to the market the Humble Origin Bundle.
Markel Ventures Inc bought Eagle Construction for an undisclosed amount. Virginia-based Markel Ventures bought Eagle Construction, a home builder also based in Virginia.
Michael Faber, the CEO of investment firm NextPoint Management Company, was appointed as a member of the board of CPI Aerostructures.
UBS can now exercise option to repurchase assets from the Swiss National Bank after paying off its bail out loan.
Swedish family-controlled investment company Nordstjernan agreed to sell its subsidiary KMT Group to American Industrial Partners for USD 147.5 million.
L'Oreal puts in an offer to buy Magic Holdings Ltd for US$840 million. L'Oreal recently made an US$840 million-dollar offer to purchase Magic Holdings International Ltd.
Aurora Capital Group agreed to acquire National Technical Systems for a premium USD 23 per share. Los Angeles-based private investment company Aurora Capital Group agreed to acquire National Technical Systems (NTS) for USD 23 per share.
Latin American restaurant reservation platform scored USD 13.3 million in Series B funding round. Restorando raised USD 13. 3 million for its Series B round.
Cuadrilla Resources suspended its oil drilling exploration in Balcombe as anti-fracking protests intensified.
Land auction for the economic zone in Shenzhen failed to draw property developers from Hong Kong. Despite the hype that accompanied the economic zone development in Shenzhen, Hong Kong property tycoons were not lured to bid in the recently-completed land auction.