The government of New Brunswick, a province in Canada, had invested USD 5 million for its Startup Investment Fund.
Regions
Pliteq Inc scores USD 1 million from TD Commercial Banking
TD Commercial Banking provided USD 1 million in financing to Pliteq Inc. Toronto-based engineering firm Pliteq Inc was able to secure USD 1 million in financing from TD Commercial Banking.
Caesars' exit in Boston casino project flabbergasts billionaire Steve Wynn
The exit of Caesars Entertainment from a casino project has shocked billionaire Steve Wynn. Wynn Resorts billionaire founder Steve Wynn told reporters that he was flabbergasted at the pull out of Caesars Entertainment Corp in a Boston casino project.
Eneva SA is in discussion to avoid redemption of OGX debt
Eneva SA, whose main shareholders EON SE and Eike Batista Brazilian utility firm Eneva SA, whose main shareholders are German EON SE and Brazilian mogul Eike Batista, is in discussion with banks and its partners on means to avoid the redemption of USD300 million worth of indebtedness owed by a natural gas company it owns with Batista.
Sparq Systems raises USD 2.75 million venture capital financing
Microinverter maker Sparq Systems Inc secured USD 2.75 million from MaRS Cleantech Fund and other venture capital firms.
Latest News
The procedures for the Nov 19 auction had been approved by a bankruptcy court. US supermarket chain Fresh and Easy Neighborhood Market Inc won approval in court of its scheduled Nov.
ICU Medical Inc sought to sell itself but recent negotiations had broken down with one prospect, GTCR LLC.
DIRTT filed for a USD 45 million initial public offering in Canada. Doing It Right This Time or DIRTT Environmental Solutions said it had filed for an IPO in Canada to raise gross proceeds of USD 45 million.
Banks bought more shares of ING Groep's US unit. Netherlands-based ING Groep said the underwriters for the share sale of its US insurance business would be buying additional shares.
Boeing has to cut production of its 747 jets because of the changing economic landscape, a report said.
The Boeing 747 could be headed towards an uncertain future, according to an Associated Press report.
Muddy Waters' Carson Block sent out an email saying that 72% of NQ Mobile's revenues were 'fictitious".
The investigation into improprieties related to mortgage backed securities hinges its legality in a 1989 law.
Investments have been made for the further development of On Center Software. The foremost name in construction automation, On Center Software, announced that Accel-KKR had placed an investment in the company for its future expansion plans.
