The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: - Chinese state oil firm CNPC will buy a stake in Kazakhstan's giant Kashagan oil project, through back-to-back deals with Kazmunaigaz through which ConocoPhillips will exit, the Kazakh state oil firm said on Monday.
Investors
Tribune Buys 19 TV Station from Local TV Holdings
Monday last, Tribune Co announced acquisition of 19 TV stations from Local TV Holdings LLC for US$2.73 billion in cash.
BoxCast Receives Investment from JumpStart
BoxCast's technology has become important, making one venture capital take notice and provide finances for its further development.
CORRECTION: Vistria Group Launched with US$500 Million Fund
The Vistria Group was launched with a fundraising target of US$500 million. (Photo : Reuters)The image is President Barack Obama shooting a few hoops. (Correction: Removes the reference to Secretary Penny Pritzker, which was erroneously referred to as one of the founders of the Vistria Group.
NVCA Reports Strong 2nd Quarter for Venture Backed IPOs
Compared to the first quarter, 21 IPOs were backed by venture capitalists amounting to US$717 billion.
Latest News
Delivery Hero raised $30 million from series D financing. Berlin-based Delivery Hero announced receipt of $30 million worth of Series D financing. The Series D financing was led by Phenomen Ventures and included its other existing investors.
Altair Semiconductors raised $25 million from its recent fundraising activity. Israel's Altair Semiconductor, provider of LTE chipsets, closed $25 million in funding.
American Realty Capital New York Recovery REIT buys property worth US$220.3 million from SL Green Realty Corp.
Morgan Stanley had raised US$770 million fund to participate in the secondary market investments. (Photo : REUTERS)Morgan Stanley will shift the way advisers in its wealth management business are paid next year, cutting bonuses tied to the amount of revenue they bring in and rewarding them instead for growing assets and loans.
Z Capital Partners acquired sole ownership of Famous Brands when it bought the minority shares from The Carlyle Group.
Rainbow Chicken increases its shareholdings in Foodcorp to 88.1% through an additional purchase of 23.9% share.
Aqua America spends a little over US$12 million for seven different acquisitions for its portfolio.
Icahn was able to finalize US$5.2 billion in loan commitments as it continues on its quest to acquire Dell from privatization.
Steinway Musical Instruments is sold for $438 million to an affiliate of Kohlberg & Company. (Photo : Reuters)Steinway Musical Instruments is sold to Kohlberg & Company for $438 million.
