Billabong has secured a $294 million proprietary loan to boost their working capital. Surfwear and extreme sports clothing maker Billabong International Limited has secured a $294 million proprietary loan to boost their working capital and refinance an existing loan.
Limited Liability Company
Lanco Infratech begins process to restructure INR 75 billion (USD 1.3 billion) debt
Lanco initiates the process to restructure its debt amounting to INR 75 billion (USD 1.3 billion). Engineering procurement and construction company Lanco Infratech Ltd.
Reliance Industries Ltd and ONGC signs MoU for infrastructure sharing
ONGC and Reliance Industries signed a Memorandum of Understanding that allows them to share infrastructure on the east coast.
MobileSpaces acquires USD 8.6 Million in Series B funding
MobileSpaces has acquired USD 8.6 million in Series B funding. Washington-based startup MobileSpaces announced that it acquired USD 8. 6 million from Marker LLC and Accel Partners at the close of its Series B funding round.
David J. Greenwald set to lead Fried Frank
David J. Greenwald is set to become the Chairman of Fried Frank. David J. Greenwald, Goldman Sachs deputy general counsel and international general counsel, is set to join international law firm Fried, Frank, Harris, Shriver & Jacobson LLP in a leadership capacity.
Latest News
Minetta Brook concludes seed funding round, raising $2 million from TAGS and Naya Ventures. After two years of development, Minetta Brook Inc. is finally ready to go into revenue mode.
Spanish investors have given recruitment firm jobandtalent a fresh round of funding worth 2.5 million euros.
Capricorn Food Products India Ltd revealed that it had raised US$10 million from Quadria India. Capricorn Food Products India Ltd. announced that it had raised a private equity investment of around US$10 million from Quadria India.
Milestone Capital stated that they would rather choose to offload their assets than to sell the firm.
Solutions provider Symantec buys PasswordBank from Inveready. Solutions provider company Symantec recently purchased PassWordBank from Inveready, a Spanish venture capital company that specializes in early-stage investment.
Elastic Path Software received C$12 million worth of funding from several investors including Yaletown Venture Partners.
Investment advisory firm Evercore announces new senior managing director appointed to set up Singapore branch.
Blackstone Group placed more investments in India by acquiring Indian auto parts maker Agile Electric Works.
The following bids, mergers, acquisitions and disposals were reported by on Wednesday. The following bids, mergers, acquisitions and disposals were reported by on Wednesday.
