Lambert Private Equity would be purchasing up to USD 200 million of the common stock of Accelera Innovations.
Private Equity
Funding Circle closes Series C investment round at USD37 million
New and old investors joined together to provide investment funding for Funding Circle in continuing its objectives of providing loan access to UK entrepreneurs.
Google to increase its investment in Hamina data center - sources
Google Inc would pouring in an investment of an undisclosed amount in its data center in Hamina, Finland.
Tata-SIA obtains government approvals
The Foreign Investment Promotion Board provides approval Tata-SIA venture. The Indian government approved the proposal from Singapore Airlines to commence an aviation venture with Tata Sons through an initial foreign direct investment of USD49 million.
Tata Capital and other investors provide growth capital for Mitra Biotech
Mitra Biotech raises INR40 crore for cancer care. Tata Capital's Tata Capital Innovations Fund together with existing investors India Innovation Fund and Accel Partners, would invest INR40 crore in Mitra Biotech, a cancer care provider based out of Bangalore.
Latest News
Share trading of Chong Hing Bank and its parent company were suspended temporarily pending confirmation of the sale of the bank to Yue Xie Group.
Aircraft maintenance services provider HAECO expands services portfolio with the acquisition of Timco Aviation Services,Inc.
With a return of just 6.4% per year in traditional investment vehicles, a shortfall of 1.6%, many pension funds opt to invest in alternative options which promise higher returns.
Royal Bank of Scotland US subsidiary Citizens Financial Group is bidding out nearly 105 branches with USD6 billion in deposits and USD2.4 billion in loans.
The amount of USD3.3 billion is the price tag for the JPMorgan commodities business unit required from the bidding firms, such as Grupo BTG Pactual.
A Rocket Internet and iMENA Holding consortium would be marketing mobile app Easy Taxi to North Africa and the Middle East.
16 startups whose products focused from cloud services to video and imaging technologies had received USD65 million in investment from Intel Capital.
A share buyback worth USD1.9 billion was agreed upon between Corning and Samsung for the joint venture Samsung Corning Precision Materials Co.
After the collapse of the Belarussian venture, Kerimov is considering offers from other parties as to his stake in potash producer Uralkali.
