Nigerian Minister Aganga said the government wanted to build a venture capital sector. "We want to build a new sector called Venture Capital and private equity sector to support small and growing businesses in Nigeria," said Olusegun Aganga.
Investors
ZoomerMedia Limited merges subsidiaries
ZoomerMedia Limited annnounced the amalgamation of its wholly owned subsidiaries. ZoomerMedia Limited announced the completed amalgamation or merger of its subsidiaries, Zoomer Management Limited, the Christian Channel Inc.
Aldrin acquires Triple M Property and concludes private placement financing
Aldrin Resource Corp announced the conclusion of its private placement financing, as well as the acquisition of the Triple M Property.
TOA Technologies get boost from US $66 million capital infusion
TOA Technologies gets US $66 million funding from Technology Crossover in a deal dubbed as the fourth biggest funding in software this year.
Claridge Ventures to acquire Indo Global
Claridge Ventures announced that they are set to acquire Indo Global Exchange PTE LTD. Claridge Ventures, Inc. announced that they have entered a stock exchange agreement with the Indo Global Exchange PTE LTD.
Latest News
Babson Capital backs Silver Oak to acquire cleaning and safety products distributor The Tranzonic Cos.
Diamond Resorts International planned to sell shares at US$14 each in IPO. Diamond Resorts International, Inc. announced the price of the shares to be sold in its initial public offering.
TransMontaigne Partners announced the US$43.32 per unit pricing for their public offering. TransMontaigne Partners L. P. announced pricing of the company's underwritten public offering for 1,450,000 common units.
HgCapital invests in IntelliFlo, which transaction is set to be finalized by August. HgCapital's Mercury said it is putting in a majority investment in IntelliFlo Limited, one of the premier Software as a Service (SaaS) providers for financial advisors and brokers.
AstraZeneca acquired Omthera Pharmaceuticals. AstraZeneca completed its acquisition of Omthera Pharmaceuticals last July 18, 2013. Omthera announced last July 16 that its shareholders approved the acquisition.
Simply Business completed a management buyout from Brit Group. Simply Business announced the completion of a management buy-out from Brit Group, which held 37% stake in the firm.
Informa is divesting its interest in its five corporate training businesses in favor of Providence Equity Partners.
NeoStem Inc announced the pricing of US$16,500,000 IPO. NeoStem, Inc. announced the pricing of their underwritten public offering for 13,750,000 units priced at US$1.
Sheik Mansour's stake in Barclays was sold last month. Sheik Mansour bin Zayed al-Nahyan of Abu Dhabi sold his shares in Barclays. In a regulatory filing last month, the bank said that the Sheik's investment vehicle, PCP Gulf Invest 3, sold its 758.
