Hinduja aims to form partnerships with UAE's sovereign wealth funds for projects in both India and the UAE.
Secondaries
Owners of Riddell Brand Selling Assets
Fenway Partners, the owners of the Riddell helmets brand and others, is now in the process of selling off its assets.
Canada Goose Seeking Investors
Winter apparel maker Canada Goose seeking investors for expansion purposes. Canada Goose, the winter apparel maker, has engaged the services of investment bank Canaccord Genuity to assist in exploring options for the firm.
Refinancing for AIS Completed
AIS completes refinancing through investor help. DH Capital was pleased to announce that American Internet Services LLC (AIS) was able to obtain an amount of $43,500,000 refinancing of its senior credit facilities with the assistance of Fortress Investment Corp and Fortress Credit Corp.
Deals of The Day — Mergers and Acquisitions
The following bids, mergers, acquisitions and disposals were reported by Sunday The following bids, mergers, acquisitions and disposals were reported by Sunday: - German investor Joh A Benckiser (JAB) is to buy the owner of Douwe Egberts coffee in a 7.
Latest News
The hedge fund Barington urges cutting of costs and expansion of board of directors for the Jones Group.
An IPO is to be made of shares of Portola Pharmaceuticals expecting a return of US$150 million. An application to offer through initial public offering shares of stock from Portola Pharmaceuticals has been filed with regulatory authorities.
Biodesix raises fund through preferred shares sales. The molecular diagnostic company, Biodesix Inc, has added US$8. 8 million funding through another round of sales of its preferred shares in Series D funding round.
Lippo Group would undertake three separate IPOs for its units. One of the leading Indonesian conglomerates, Lippo Group, is aiming to make US$300 million for IPOs of its banking, healthcare and information technology units.
Beleaguered company J. C. Penney Co Inc has engaged the services of Blackstone Group LP's financial advisory arm for their expertise on how to best position the firm financially, according to sources.
The group led by Thoma Bravo goes up against Bain-Golden State Capital for final bids for BMC Software.
Led by Norwest Venture Partners, iRhythm Technologies latest funding round was able to raise US$16 million.
India’s online retailer Snapdeal has raised funding estimated to be between $30 million and $50 million from eBay and Recuit Co of Japan.
SunTech exploring options with investors and buyers of assets. Beleaguered Chinese solar panel manufacturer Suntech Power Holdings Co Ltd is now seeking to sell off some of its assets.
