Intelligent Global Pooling Systems agreed to sell the company to iGPS Logistics for an undisclosed amount.
Sectors
Bangladesh' Green Delta Capital ties up with BD Venture
Green Delta Capital Limited revealed that it had signed a memorandum of understanding with BD Venture Limited to ensure cooperation between the two companies in various business sectors.
GIC to invest more in the US
GIC Pvt. Ltd. stated that it was considering more investments in the US. One of Singapore's sovereign wealth funds, GIC Pvt Ltd, announced its preparations for the possible volatility of markets and economies in the second part of this year.
Fortress to Blackstone: "Its time to sell'
Fortress Investment Group said that they are pushing Blackstone Group LP to sell and exit investments.
Krishnapatnam Port Company to sell stake to private equity firms
Sources said that Krishnapatnam Port Company intend to sell stakes in the company in a bid to raise INR1,200 crore for its expansion plans.
Latest News
Insight Venture Partners, Accel Partners and OMERS Ventures invested a total of US$165 million in social relationship platform HootSuite.
Last Thursday, jurors looked for clarity on information to be able to decide on the case of the former Goldman Sachs vice president, Fabrice Tourre.
Apollo Global-backed Sprouts Farmers gained more funds that it has originally sought after in its initial public offering.
Sentinel Capital Partners closed its largest fund to date with US$1.3 billion. Private equity firm Sentinal Capital Partners completed its fifth fund, Sentinel Capital Partners V L.
Carl Icahn sued Dell Inc. last Thursday as he tried to disrupt a USD24.4 million takeover bid from founder, Michael Dell and Silver Lake.
Information provider Thomson Reuters appointed retired London-based lawyer Steve Turnball as member of its board of directors.
Construction equipment company Blackhawk Specialty Tools received growth investments from Bain Capital and a few of the management earlier today.
Natural gas processing firms, TexStar Midstream and Evercore Partners are looking into the possible sale of businesses to further expand in Southern Texas.
Pharmaceuticals companies PharmAthene and Theraclone Sciences agreed to merge for expansion of drug research and development.
