European private equity firm AXA Private Equity has sold its majority stake in Aixam Mega to Polaris Industries, a US in group specializing in powersports.
Investors
Avago Technologies Acquires CyOptics
Avago Technologies have recently acquired CyOptics to bolster its fiber optics portfolio. At Thursday's trading session, Avago Technologies share values remained relatively unchanged when it announced the acquisition of CyOptics.
Evertec to Raise US$1.75 Billion in IPO
Evertec, at a per share price of US$20, stands to raise US$1.75 billion in its initial public offering.
Distressed Investors Eye German Property Firm IVG as Lenders Try to Cut Losses
Distressed debt investors are looking into German property company IVG Immobilien as some lenders try to minimize potential heavy losses due to the property company's debt restructuring.
Singapore's Heliconia to Acquire 2.6% Stake in Kotak Mahindra Bank
Singapore's Heliconia Pte Ltd is set to buy 2.6 percent stake in private sector Kotak Mahindra Bank for Rs 1,296 crore.
Latest News
LinkedIn purchases Pulse at US$90 million where 90% are in stocks and 10% is paid cash. The social network for professionals, LinkedIn Corp has announced that it would be acquiring Pulse.
Biodesix raises fund through preferred shares sales. The molecular diagnostic company, Biodesix Inc, has added US$8. 8 million funding through another round of sales of its preferred shares in Series D funding round.
Iron Pearl has been acquired by Paypal for an undisclosed amount. PayPal has announced the acquisition of Iron Pearl for an undisclosed amount. The renowned online payment service provider has been seeing fast growth as there are more than 5 million people who have been signing up and using the services.
Riverstone Holding invests in Ridgebury Tankers and the management invests in itself. Riverstone Holding has invested US$200 million in the new tanker company, Ridgebury Tankers.
Gladstone purchases a farm in Michigan and leases it out to a corporate farmer. In an announcement, Gladstone Land Corporation has acquired a farm with a land area of 119 total acres where 89 is arable land.
The merger of Zon Multimedia and Optimus is being reviewed by Portuguese authorities to avoid the creation of duopolies in the country's pay-TV market.
Concerns about money laundering and violations of the Bank Secrecy Act hold back M&T Bank's purchase of Hudson City Bancorp Inc.
Wind of Italy is investing on a 4G network powered by Sirti and Huawei. Wind, the Italian mobile phone operator, is now investing US$1. 3 billion to build a fourth generation mobile broadband network to become more competitive against rivals Vodafone and Telecom Italia.
Preplay raises US$4.7 million in Series B funding. At the relaunch of PrePlay Inc's MLB PrePlay v2. 0 for Android and iOS, the company announced the closure of their Series B Financing at US$4.
