Repsol is considering to sell its 30% stake in Gas Natural Formosa worth Eur 4.5 billion but holds it off until deal with Shell is finalized.
Investors
BEST Funds pours in CAD 4 million in Intelligent Mechatronic Systems R & D
Intelligent Mechatronic Systems received CAD 4 million investment from BEST Funds. BEST Funds, a venture capital firm based in Toronto, invested CAD 4 million in Intelligent Mechatronic Systems Inc.
Los Angeles public schools sign US$30 million-worth deal with Apple
Apple and Los Angeles Unified School District would join forces through a US$30 million-worth deal. Next year, the Los Angeles Unified School District would put 640,000 iPads into the students' hands.
China's sovereign wealth fund posts 10.6% return on overseas investments
China Investment Corp. posted a 10.6% return on its overseas investments last year. China Investment Corp. , the country's sovereign wealth fund, posted a 10.
Adobe estimates US$1.19 billion earnings through cloud tech
Adobe's recent acquisition, Neolane, would help the company attain US$1.19 billion earnings from digital marketing cloud.
Latest News
Private Equity Headhunters now has a new Chief Technology Officer in Mr. Jaree Zafar. Mr. Jaree Zafar was appointed as the Chief Technology Officer of Private Equity Headhunters, a Texas-based firm that focuses on getting jobs for executives.
Pembina Pipeline Corp. has offered 10,000,000 cumulative redeemable rate reset class A preferred shares during a public offering, which raised US $250 million.
Oracle signed a contract with Microsoft to permit Java developers to make applications on Microsoft's servers.
The Namibian Competition Commission has successfully handled 221 mergers and acquisitions from its inception in 2009.
Ciris Energy was able to close a total of USD 25 million from Asia Pacific Capital of Hong Kong in Series C funding.
EquaMetrics Inc. secured US $2 million in seed funding, bringing its total capital to US $4.5 million.
Private equity financing can help solve the lack of growth of small and medium-sized enterprises in Rwanda.
W.P. Carey is set to shell out US $4 billion to purchase Corporate Property Associates 16 - Global Inc.
Insurance companies would deal with major payouts due to Spain train crash. Allianz, an insurance company from Germany, would deal with a huge bill for compensation payments after the deadly train crash that happened in Spain.
