The joint venture between Hunt Realty Investments and Bridge Development Partners revealed that they have received US$26 million from Mesa West Capital to fund their acquisition of 26th & Western in Chicago.
Sectors
Nicola Horlick gets busy again with new venture
Nicola Horlick stated that she has launched a new venture, Glentham Capital, and intends to raise up to GBP150,000.
Centrica makes new acquisition for US$731 million
Centrica Plc finalized the deal that enabled them to acquire Direct Energy Business for US$731 million.
William Franke to resign as chairman of Spirit Airlines
William Franke stated that he will be stepping down from his position as chairman of Spirit Airlines as Indigo Partners LLC divest their stake in the company.
Greece receives additional EUR1.7 billion funding from IMF
The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.
Latest News
Soilbuild Group Holdings Ltd announced that they are targeting to raise US$507 million from an initial public offering.
Berkeley Group and Wellcome Trust announced that it has created a joint venture to invest in English properties.
Bessemer Venture Partners released an index of top 30 cloud companies revealing their combined worth of more than US$100 billion.
According to a Boston Business Journal research, for the year 2012, North Bridge Venture Partners topped the class in terms of dollars invested.
Execution Labs revealed that it will be working with BDC Venture Capital to award successful companies convertible notes worth US$150,000.
Beijing Enterprises Holdings announced that they are set to acquire a 22.01% stake claim in China Gas Holdings Limited from their parent company, Beijing Enterprises Group Company Limited.
Teck Resources Ltd was tagged as one of the remaining interested companies set to acquire the Rio Tinto Group's 59% stake claim in Iron Ore Co.
Foundation had filed its official IPO documents with the Securities and Exchange Commission as it plans to raise US$86.25 million in equity funding.
The New South Wales state government announced that bidders for Macquarie Generation will have until August 19 to file expressions of interest.
