Singapore investor Temasek Holdings and private equity firm Hopu were among the five investors set to buy a USD213 stake in China Mengniu Dairy Co Ltd.
Articles by VCPOST Staff Reporter
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Andreesen Horowitz, the venture-capital firm Marc Andreesen, sold 2.28 million of its Facebook shares.
The Bicycle Coalition of Greater Philadelphia requested for USD3 million funding from the Delaware Valley Regional Planning Commission for its regional trail network project.
Extreme athletics showcase Nitro Circus announced it would become one with the touring company that helped produce its live programs.
British Home Stores (BHS) faced rumors about foreign companies trying to convince Sir Philip Green to sell the troubled department store chain.
China's key Communist Party meeting expected to yield monumental economic and political reforms.
Newly named BlackBerry executive chairman and interim CEO John Chen doesn't doubt the Canadian company's ability to make a comeback.
US manufacturers Remington and Winnebago recently branched out to clothing and accessories, outdoor apparel and camping gear.
SAC's first public statement after pleading guilty was criticized for lack of contrition. SAC Capital Advisors was criticized for its lack of contrition after pleading guilty on four counts of securities fraud and one count of wire fraud.
Investors were positive that BlackBerry can make a comeback, but in the meantime stakeholders especially employees are taking the brunt of the crisis.
Billionaire investor Wilbur Ross spent USD100 million to acquire vessels hauling dry commodity. Wilbur Ross, billionaire investor and owner of WL Ross &Co.
Intel Corporation acquired e-learning software company Kno. Intel Corporation recently acquired software company Kno. The latter began as a hardware company that later pivoted into producing eTextbooks and eBooks for college and K-12 students and publishers.
The Royal Bank of Scotland entered into a settlement with the Securities and Exchange Commission amounting to USD153.7 million.
BlackBerry rejected proposals to break-up and sell all or parts of the Canadian company. BlackBerry Ltd's board rejected proposals to break-up the Canadian smartphone company, saying that it is currently not in the best interest of all of its stakeholders.
Micro-blogging site Twitter closed at USD41.65 today, dropping by 7.24% from its IPO debut. Social media site Twitter closed its second day of trading at USD41.
Crestview Partners started its fundraising efforts for USD3 billion for its third middle market fund.
Johnson Controls recently bought 90% of the stakes in battery maker MAC. Johnson Controls Inc. (JCI) announced its acquisition of a majority stake in battery company MAC, which conducts business across Central and South America, This was according to a report published by Journal Sentinel.
Macquarie Group Ltd said it would make a GBP500 million offer for Scottish Windows Investment Partnership, which was reported to receive a previous bid from deen Asset Management Plc.
Tech startup Tablo launched on crowdfunding site Indiegogo to raise funds for its new over-the-air DVR project.
Queensland Investment Corporation announced the sale of its toll road business Queensland Motorways for USD4 billion.
Standard & Poor's downgraded France's credit rating from AA+ to AA, citing President Francois Hollande's ineffective growth policies.
Johannesburg-based Standard Bank said it would be selling its London-based trading unit to a yet-unconfirmed buyer.
German animal health product supplier Boehringer Ingelheim announced its intention to acquire poultry vaccine maker Lohmann Animal Health.
Leap wireless revealed that it had lost 196,000 customers as it was poised to merge with telecom giant AT&T.
New Zealand's dairy manufacturer Fonterra signed a deal to acquire troubled Tasmania-based company Tamar Valley Dairy.
Estonia revealed its plan to raise a new fund of EUR60 million for the development of a second Skype.
Geneva-based luxury-goods retailer Compagnie Financiere Richemont announced its decision to invest rather than divest in its struggling brands.
London-listed coalminer Bumi Plc announced its plan to proceed with a planned split from the Bakrie family despite lack of proof that the family can finance the deal.
Vornado Realty Trust announced its intention to sell its Manhattan office building for USD200 million.
Industrial manufacturer L.B. Foster announced the acquisition of custom pipe coatings company Ball Winch Pipeline Services LLC.