Investors Southeastern Asset Management and NNS Holding have been looking to divest their stakes in Texas Industries Inc. Cement producer Texas Industries is said to be working with Citigroup on a possible sale.
Articles by VCPOST Staff Reporter
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Texas-based tech giant Dell announced a new $300-million venture capital fund that will support enterprise technologies, big data, cloud computing, next generation data center, security, and mobility startups.
Asian buyout firm PAG has committed $250 million in theme park operator Universal Studios Japan. The said fund will be used to develop a new Harry Potter attraction and expand into other parts of Asia.
San Francisco-based mobile security company Mocana has received $15 million from a funding round led by GE Ventures, to build out the company’s products that prevent hacking of Wi-Fi-enabled objects.
Fremantle-based livestock export giant Wellard Group’s shipping and land division have attracted strong interests from wealthy investors in Saudi Arabia and Brazil, according to industry insiders.
Virgin Australia's biggest shareholders, Air New Zealand, Etihad Airways, and Singapore Airlines, have upped their stakes in the troubled Australian airline by 4%, lifting their combined position from 63% to 67%.
Boston-based caregiver services provider Care.com aims to raise $80 million in its initial public offering (IPO) on the New York Stock Exchange to capture the care market and develop new products.
Moody's says the outlook for the Australian infrastructure sector is stable, underpinned by a resilient economy.
Carl Icahn today acquired 30.6 million shares of Hologic Inc upon exercise of all of the call options according to SEC filing.
CubeSmart today announced that it has completed the acquisition of the previously announced $326.2 million self-storage portfolio in Houston and Austin, TX and Charlotte, NC.
Switzerland's Dufry is reportedly purchasing the remaining 49% stake in Greek travel retailer Hellenic Duty Free for €328 million. Dufry bought a controlling stake in HDF for €200.5 million last year.
United States' Hagelin & Co. has been sold to Israeli flavorings and specialty ingredients firm Frutarom Industries for $52.4 million. Frutarom finance the deal through a short-term bank loan.
Investment bank Goldman Sachs Group will provide a $120 million loan to Warburg Pincus-backed warehouse firm e-Shang. e-Shang reportedly plans to go public in the next few years.
Fondul Proprietatea on Thursday said it has put up for sale its 15% stake in state-owned gas grid operator Transgaz SA. The Romanian restitution fund raised RON303.5 million in its exit deal.
China-based professional laser equipment manufacturer Han's Laser Technology Co bought Israel-based Nextec Technologies in its effort for expansion amid slow growth in the Chinese laser measurement devices market.
New York-based Bitcoin fund Bitcoin Investment Trust has raised around $65 million in virtual currency after just two months in operation, according to the fund's founder.
GMR Infrastructure Ltd. has began the process for the $300-$350 million initial public offering it is planing for its airport business. It has reportedly tapped Citigroup, JPMorgan, Axis Capital and Infrastructure Development Finance Company to manage the listing.
German frozen food products supplier Hofmann Menu Manufaktur has been sold to Switzerland-based private equity firm Partners Group AG. Financial terms of the deal, however, remains unknown.
Bangalore-based big data startup Spire Technogies reportedly secured $8 million in a Series A funding round to help its clients manage talent to expand into Asia and the US.
Chicago steak and seafood supplier Allen Brothers has been sold to publicly-traded specialty food products distributor Chefs' Warehouse Inc. for $29.9 million. Under the deal, Chefs' Warehouse will be paying $20 million in cash and $9.9 million in debt.
A group headed by Dallas investor Tom Hicks has bought Dallas-based automotive services chain Just Brakes for an undisclosed sum, with plans to improve and expand the said business.
Austin-based mobile app maker Apptive announced it has secured $1 million in funding to fuel the expansion of its partnerships with online merchants and e-commerce platforms.
Independent registered investment adviser Savant Capital Management has reportedly agreed to take over Paragon Advisors for an undisclosed sum. The acquisition will reportedly bolster Savant's assets under management to $3.7 billion.
Philippine-based JG Summit Holdings Inc has completed its buyout of San Miguel Corp's 27% stake in power distribution company Manila Electric Co (Meralco) for PHP72 billion.
Hero MotoCorp on Wednesday announced its buyout of 17.49 lakh shares in HMC MM Auto Ltd., which represents a 60% stake in the company. HMC MM Auto Ltd. is a joint venture of Hero MotoCorp and Italian automobile company Magneti Marelli.
French automobile manufacturer PSA Peugeot Citroen is nearing a €3.5 billion share sale deal with Chinese carmaker Dongfeng Motor Co. and the government of France. Under the terms of the deal, Dongfeng and the French state will each hold a 20% stake in Peugeot.
Ottawa, Canada-based e-commerce company Shopify has raised $100 million in a Series C funding round to help it transition to a commerce company that reaches the online and offline market.
Aliko Dangote, the richest man in Africa and Chief Executive of Nigerian company Dangote Group, plans to invest around $16 billion in cement, agriculture, and petrochemicals project in 18 countries over the next four years.
Private equity firms Hellman & Friedman LLC and JMI Equity are reportedly looking to sell workforce management software company Kronos Inc. The two investment firms privatized Kronos in 2007 for $1.8 billion.
American firearms maker Freedom Group plans to raise $175 million from Wall Street financial institutions, according to a Reuters report. Cerberus Capital Management, which tried to exit the company last year, earlier opted for a $200 million mezzanine debt to pay off Freedom Group's investors.