US-based cloud storage firm Box confirmed it closed USD100 million in fresh capital to catalyze its global expansion as it sealed commercial transactions with Japanese firms.
Oceania
Telecom sells Australian AAPT unit for $450M
Telecom Corp Ltd has offloaded its Australian AAPT unit to TPG Telecom Ltd UDS450 million to initially repay debt and focus on its operations in New Zealand.
China Southern supports plan to back Qantas stake - report
State-owned China Southern airline has held detailed discussions last year with a consortium of wealthy investors to provide financial backing for the syndicate's stake in Qantas.
Chinese firm launches hostile takeover of Queensland coal miner Carabella
Queensland-based coal mining company Carabella Resources Ltd received a hostile bid from private Chinese firm Wealth Mining, which already owns an 11.06% stake in the Australian mining firm.
Australia's ProPrint is acquired by Printer Magazines Group
Australia-based ProPrint magazine has been purchased by Printer Magazines Group for an undisclosed amount after ProPrint's parent firm, Haymarket Media, decided to exit from the Australian market.
Latest News
Glencore Xtrata PLC, led by its chief executive officer Ivan Glasenberg, will be committing more capital in thermal coal than rivals BHP Billiton Ltd., Rio Tinto Group and Anglo American PLC.
Australia-based news firm APN News & Media has agreed to exit from its remaining stake in outdoor advertising company APN outdoor for USD69 million, prompting a 5% increase in its shares.
Westpac Bank has received approval from the Australian Competition and Consumer Commission to purchase the Australian assets of Lloyd's Banking Group for USD1.45 billion.
California-based pharmaceutical company PaxVax Inc raised USD22 million in a Series B funding round for the late-stage trial of its single-dose oral cholera vaccine for travelers.
Australia electronics chain Dick Smith Holdings Ltd's rise on the Australian Stock Exchange had put its enterprise value to five times its value at the time of its buyout at AUD534 million.
Nine Entertainment Co., Australia's second-largest media company, seeks to raise AUD643 million (USD582 million) in its initial public offering. If successful, the deal could give Nine a market capitalization of AUD1.93 billion.
Brisbane-based private equity fund manager Blue Sky Alternative Investments Ltd plans a USD25.59 million fundraising by the end of 2013 through a series of share sales.
If the Australian federal government does not boost Qantas Airways Ltd's credit ratings, the national carrier may sell its shares in its frequent flyer division or Jetstar's Asian arm, the Australian Financial Review (AFR) reported.
The shares of Australia-based electronics seller Dick Smith Holdings Ltd lifted on its debut on Wednesday after securing USD315 million in its initial public offering.
