According to the latest data from Dow Jones VentureSource, US venture investment declines. Dow Jones VentureSource, a data service of Dow Jones & Co.
Investors
REC spins off unit for US$133 million
Renewable Energy Corp ASA (REC)announced plans to spin off a business unit for US$133 million. Renewable Energy Corp ASA (REC) announced that the company plans to spin off its solar unit in a deal that was valued at US$133 million or NOK800 million.
Egypt to see more investments from Billionaire Naguib Sawiris
Egypt will be seeing more investments from Billionaire Naguib Sawiris and his family. Egypt will be seeing more investments from billionaire Naguib Sawaris.
Sika buys two Aussie companies, expands reach in mining sector
Sika expands its venture as it acquires Radmix Resources and its partner Australian Synthetic Fibres.
Singapore's Redmart raises Series A round to increase valuation
Singapore's Redmart raised a Series A round to increase valuation. Redmart, a Singaporean online grocery store, raised funds through a Series A round held recently.
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Trian Fund Management LP's CEO, Nelson Peltz said that PepsiCo should buy Mondelez for around US$67.8 billion in an all-stock deal.
Almalden Minerals Ltd announced that were able to raise US$16.9 million from their non brokered private placement
Texas firms took a breather and said “time out” on M&A activity. "Texas followed the nation in taking a breather from M&A activity in the first half of the year," said Chad Watt.
Holiday Fenoglio Fowler secured financing amounting to US $100 million for the construction of a high-rise condominium in Manhattan.
Neuberger Berman announced the launch of a new fund where it plans to invest in the Greater China Region.
Cascade Drilling announced that it had purchased Boart Longyear's Environmental and Infrastructure drilling operations.
USI Insurance Services announced that it has completed the purchase of Cohen-Seltzer Inc. USI Insurance Services announced that it has completed its purchase of Cohen-Seltzer Inc.
The currency hedging activities together with the Fed Reserve's announcement has a grave effect on the Wisdom Tree Japan Hedged Equity Fund.
Softbank enters into a joint venture with Bloom to distribute hydrogen and bio-fuel cells in Japan.
