State run oil and gas companies, ONGC and Oil India announced to pay US$2.5 billion for Mozambique field stake from Videovon Industries Ltd.
Investors
IVP invests on profitless Snapchat
Despite not gaining any revenue, Snapchat raised $60 million in Series B funding. Snapchat, a photo messaging application, announced that International Venture Partners was its biggest investor in the company's latest round of Series B financing.
Artisan Partners Starts Global Small Cap Fund
Artisan Partners launched Artisan Global Small Cap Fund, a new active equity fund on Tuesday. (Photo : Reuters)The image shows US dollar bank notes. Artisan Partners launched Artisan Global Small Cap Fund, a new active equity fund on Tuesday.
RiverPark/Wedgewood Fund Tops US$1 Billion for Assets Under its Management
RiverPark/Wedgewood Fund announced today that as of June 21, 2013, the assets under its management have reached a total of US$1.9 billion.
HSBC Sells Billabong’s Syndicated Loan
Billabong lost HSBC Holdings Plc as a syndicated lender after the latter sold a portion of its loan to a specialized investment firm.
Latest News
Aegion Corporation announced today the executive of definitive agreement to acquire Brinderson LP and related entities valued at US$150 million.
bluebird bio Inc. announced closing of its initial public offering after selling 6,832,352 shares priced at US$17 per share piece.
Carrefour, the second largest retailer in Europe planned a sale on its China and Taiwan businesses. (Photo : Reuters)The image shows grocery carts from Carrefour.
Hospital chain Tenet Healthcare Corp said on Monday that it will purchase its smaller rival Vanguard Health Systems Inc.
On Monday, sources said that Apollo is in discussion with investment banks for the IPO of its gas and oil company, EP Energy LLC.
Meiji Yasuda Life Insurance of Japan is in the process of acquiring Thai Life Insurance Co at a deal priced at around US$700 million.
Demand Media, a content media owner acquired Society6 for US$94 million to be able to diversify its business into e-commerce.
The Intercontinental Exchange (ICE) was given unconditional approval to acquire NYSE Euronext for US$8.2 billion.
According to sources, Google voluntarily complied with the initial inquiry of the Federal Trade Commission on its Waze acquisition earlier this month although it has not yet reached a level of investigation
