Indonesian retailer Mitra Adiperkasa said it will sell majority stakes in its Domino's Pizza and Burger King chains to keep its capital to develop its other franchises.
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VCs eye big cloud software returns despite dwindling valuations
A cloud software boom has nudged startups into unlikely realms such as dairy farms, yoga studios and back-of-the-building loading docks, leading venture capitalists to hope for stratospheric returns.
As tech millionaires multiply, wealth advisers struggle to connect
When the nine-person startup he co-founded was bought by Facebook for a reported $15 million in January, Cemre Gungor, 27, was inundated with phone calls and emails from wealth advisers. Yet he spurned them all, opting instead to open an account with Betterment, an online financial adviser launched in 2010 that automatically invests in a portfolio of exchange traded funds based mainly on a client's age.
South Africa's Telkom takes second shot at IT firm BCX, offers $256 million
South African telecommunications company Telkom (TKGJ.J) made a second stab at buying IT infrastructure firmBusiness Connexion (BCXJ.J) with a 2.7 billion rand ($256 million) offer, seven years after competition concerns scuppered its first bid.
PSA to build next Citroen C3 compact in Slovakia: sources
PSA Peugeot Citroen plans to build its next C3 compact model in Slovakia instead of France, sources close to the French carmaker told Reuters on Thursday.
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FutureAdvisor, a San Francisco-based investment advisory service geared toward investors with between $100,000 and $1 million to invest, said it raised $15.5 million in funding to build its business.
France's controversial decree widening its control over takeovers in strategic industries is meant to help discussions over alliances and is not there to block deals, Economy Minister Arnaud Montebourg told lawmakers on Tuesday.
Marlin & Associates Securities LLC (M&A), the boutique investment banking and strategic advisory firm, announced that, effective today, Jason Panzer has been named to the newly created position of Chief Operating Officer.
Online music streaming service Spotify said on Wednesday its global paid subscriber base had swelled to 10 million as speculation mounts the Swedish start-up could be gunning for a share listing.
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the opening of our new office in Frankfurt, Germany. The new location strengthens Woodbridge's presence in Europe, allowing the firm to provide a full range of cross-border investment banking services to German companies seeking divestitures, acquisitions and joint ventures.
Facebook Inc is expanding its new video advertisingservice, allowing marketers to show the television-like spots to users of the social network in Britain, Brazil and five other countries, the company told Reuters.
Iran should embrace the Internet rather than see it as a threat, President Hassan Rouhani has said, in remarks that challenge hardliners who have stepped up measures to censor the Web.
Cascadia Capital, a diversified investment bank serving both private and public growth companies, today announced that Mike Kelley, vice president, has been named a winner of the 5th Annual M&A Advisor 40 UNDER 40 Award in the Deal Maker category.
Apollo Investment Corporation (NASDAQ: AINV) or the "Company," or "Apollo Investment," today announced financial results for its fourth fiscal quarter ended March 31, 2014. The Company's net investment income was $0.22 per share for the quarter ended March 31, 2014, compared to $0.22 for the quarter ended December 31, 2013. The Company's net asset value ("NAV") was $8.67 per share as of March 31, 2014, up from $8.57 at December 31, 2013.
