Pembina Pipeline Corp. has offered 10,000,000 cumulative redeemable rate reset class A preferred shares during a public offering, which raised US $250 million.
Sectors
China's sovereign wealth fund posts 10.6% return on overseas investments
China Investment Corp. posted a 10.6% return on its overseas investments last year. China Investment Corp. , the country's sovereign wealth fund, posted a 10.
Adobe estimates US$1.19 billion earnings through cloud tech
Adobe's recent acquisition, Neolane, would help the company attain US$1.19 billion earnings from digital marketing cloud.
Smedvig Capital invests in Kings Court Trust
Smedvig Capital invested GBP 4 million into Kings Court Trust. Smedvig Capital, a private equity investor based in Mayfair, pumped in GBP 4 million into Kings Court Trust.
Private equity fund is held liable for employer's withdrawal in pension plan
Two private equity funds owned by Sun Capital Advisors Inc. are held liable for an employer's withdrawal in a pension plan.
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Oracle signed a contract with Microsoft to permit Java developers to make applications on Microsoft's servers.
The Namibian Competition Commission has successfully handled 221 mergers and acquisitions from its inception in 2009.
Ciris Energy was able to close a total of USD 25 million from Asia Pacific Capital of Hong Kong in Series C funding.
EquaMetrics Inc. secured US $2 million in seed funding, bringing its total capital to US $4.5 million.
Private equity financing can help solve the lack of growth of small and medium-sized enterprises in Rwanda.
W.P. Carey is set to shell out US $4 billion to purchase Corporate Property Associates 16 - Global Inc.
Insurance companies would deal with major payouts due to Spain train crash. Allianz, an insurance company from Germany, would deal with a huge bill for compensation payments after the deadly train crash that happened in Spain.
JOOR, an online fashion marketplace, secured US $15 million in a series B funding led by Canaan Partners.
Malaysia's Ranhill Energy and Resources is set to return the US $234 million funds it was able to raise following the IPO's cancellation.
