Tengram Capital Partners has raised US$173 million in commitments, more than its original US$150 million target.
Investors
Booker Raises US$27.5 million in Series B financing
Booker has raised US$27.5 million in series financing. The former GramercyOne firm now called Booker is the leading service management platform which helps small and medium sized multi-location enterprises that unifies operations into a single cloud based system.
Atlantia's merger with Geminia creates savings
The merger created the largest European infrastructure group and the biggest savings on record for the companies.
Suntech to Sell Off Italian Assets and Shareholdings
Suntech, in a bid to trim its debt, it would be selling off its Italian assets and shareholdings. A company spokesman said that Suntech Power Holdings Co.
Panasonic to sell off part of shareholdings in healthcare unit
Panasonic of Japan is selling part of its shareholdings in its healthcare unit for expansion plans. Panasonic Corp of Japan has engaged the services of Bank of America Merrill Lynch in order to sell a part of its healthcare subsidiary, The deal could raise as much as US$1 billion for the electronics company, according to two sources familiar with the transaction who spoke on condition of anonymity.
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According to Meriton CEO, there have been offers to purchase part or all of the firm. Meriton Pty, the biggest apartment developer in Australia, has said that Canadian pension funds and investors from both the United Kingdom and China have shown interest in purchasing the company.
China conditionally approves Glencore-Xstrata merger. The merger plan of Glencore and Xstrata cleared its final hurdle when the Ministry of Commerce of China backed the deal's completion.
In a decision, Arcadia is shutting down operations in Dubai and Switzerland as well as a change in CEO.
Agila Biotech and Pfenex Inc enter into a joint venture for development of multiple sclerosis drug development.
Vintage Capital prices Anaren shares at US$23 per share in its purchase offer. Vintage Capital Group LLC, the investment firm has offered to purchase Anaren Inc for the price of US$23 per share.
Biosev SA, to ease concerns about Brazil's equity market, offers a money back guarantee for its IPO.
Wilmar pays out US$263 million for 54% controlling stake in Consumar. The largest sugar cane miller in Australia, Wilmar International Ltd has purchased 27.
Bain Capital LLC's Capital Fund XI is in the process of finalizing its subscriptions from investors.
According to Dish CEO, the offer to purchase Sprint-Nextel is not contingent on the outcome of the Sprint-Clearwire negotiations.
