US-based venture capital firm Andreessen Horowitz to raise new $1.5B fund -Primack

California, US-based venture capital firm Andreessen Horowitz is in the process of raising $1.5 billion for its new fund, according to Fortune LP whisperer Dan Primack.


Neiman Marcus Department store chain given two weeks to answer to data breach

Dallas-based Neiman Marcus Group Ltd was given two weeks by Florida Attorney General Pam Bondi to answer questions about the cyber breach that happened during the holiday rush, Bloomberg reported.

American biotech startup QuanDx bags $950K in funding

Menlo Park, California-based biotech startup QuanDx bagged $950,000 in a recent financing round from undisclosed backers to continue developing molecular diagnostic equipment for medical laboratories.

Mexico's Supermarket operator in talks for possible sale of its business

Mexico-based supermarket operator Controladora Comercial Mexicana SAB said it has conducted talks with possible acquirers, both foreign and local, for the sale of its business, Bloomberg reported.


Latest News

Survey shows that there is little effort seen to improve the working conditions of junior investment bankers despite the death of an intern at Bank of America Merrill Lynch intern last summer, the Financial Times.
Germany-based investor-startup matchmaker Venturate has been launched to compete with US-based firm AngelList, a platform that helps lead venture capitalists to the right investment that would fit in their portfolio.
Software giant Microsoft applied for a patent for a system that allows customers to set the rate based on the performance level of its cloud service, according to InformationWeek.
Offering a twist on the learn-from-anywhere convenience of Internet classes, a new university is asking freshmen to take a large leap of faith.
Colorado, US-based private equity fund management group Centurion Resource Group (CRG) acquired a 75% stake in a copper project located in Karagandy, Kazakhstan, for an undisclosed amount.
Richmond, Canada-based global helicopter services provider CHC Group Ltd priced the initial public offering (IPO) of its ordinary shares at $10 apiece, with the offering expected to close on January 23.
Atlanta, US-based consumer credit reporting company Equifax acquired UK-based technology firm TDX Group in a deal valued at $327 million to expand its data and analytics services beyond the US.
New York, US-based media firm NBC Universal International Television Production picked up a minority stake in Vancouver, Canada-based independent TV producer Lark Productions for an undisclosed amount.
China-based coal bed methane producer AAG Energy Ltd may revive its plan for an initial public offering (IPO) in Hong Kong which was shelved last year, to raise funds for its 2014 operations.
Private equity firms KKR & Co and Permira Advisers exited a 16.6% holding in German commercial broadcaster ProSiebenSat.1 Media AG (PSM)in a deal valued at around €1.26 billion ($1.7 billion).