TPG was about to purchase TSL Education for GBP400 million because it was attracted by TSL's network of 52 million teachers.
North America
CORRECTED: Global consulting firm Accenture leads Predixion fundraiser
Predixion raised US$20 million worth of Series C investments. (CORRECTION: Description of Accenture was changed from BPO powerhouse to Global consulting powerhouse.
Praesidian Capital lends Meta Pharma $7.5 million
Meta Pharmaceutical Services received a US$7.5 million loan from Praesidian Capital. Mezzanine capital provider for small and medium sized firms Praesidian Capital announced today that it steered a US$7.
Blackstone Expands by Lending US$5 Billion worth Houses to Landlords
Blackstone Group LP would expand its business by lending US$5 billion worth of distressed houses to landlords.
ISS recommends Dell's CEO offer
Michael Dell's offer was backed by the Institutional Shareholders Services. Dell Inc announced today that proxy investment advisory firm ISS recommended the US$24.
Latest News
Kenai stockholders approved Serabi Gold plc's proposal to acquire their whole share capital. Serabi Gold plc announced that Kenai Resources Ltd's stockholders favored its proposal to purchase the whole share capital of Kenai.
Fiat exercises option to buy additional 3.3% Chrysler shares from the United Auto Workers union's VEBA.
The European Union and the United States begun their talks about world's largest trade and investment relationship.
US Federal Communications Commission has approved Softbanks' US$21.6 billion acquisition deal for Sprint.
Avnet Inc expressed their interest in acquiring MSC Investoren GmbH Avnet Inc announced that they have entered an agreement to acquire MSC Investoren GmbH (MSC Group).
Teralys Captial announced its plan to invest $50 million through Cycle Capital and EnerTech. Teralys Capital Management had announced a Can$50 million investment in the clean technology sector of Québec.
McAfee announced the completion of acquisition of Stonesoft via tender offer McAfee announced the acquisition of Stonesoft via the completion of the tender offer that was announced last May 6.
A study has found that Academic endowments to Africa outperformed the US S&P 500 in the past decade.
Scale mattered in recent TV deals. On Monday, the fresh-out of bankruptcy Tribune Company, bought 19 stations from Local TV Holdings. This deal amounted to US$2.
