India’s Flipkart announced last Wednesday that it has raised US$200 million worth of fund from a clutch of private equity firms who were also existing investors in the company.
Sectors
Bumi nears completion of $500M deal for Bakrie exit
The Indonesian coal producer is close to completion of a deal pegged at US $500M that will mark Bakrie's exit.
China to hand over audit documents to US regulators
China announced handing over audit documents of Chinese firms listed on the US stock exchanges to the United States regulators.
Polaris Private Equity acquires HTC Sweden
Polaris Private Equity acquired HTC Sweden. A private equity firm, Polaris Private Equity, acquired HTC Sweden AB. The acquired company is a floor grinding systems and surface preparation equipment manufacturer from Sweden.
Hulu LLC receives US$1 billion worth offer each from AT&T Inc-Chernin Group, DirecTV
AT&T Inc-Chernin Group and DirecTV offered Hulu LLC US$1 billion each. Hulu LLC, an online video service, received US$1 billion worth of offer each from AT&T Inc.
Latest News
The absence of clear labor policies would prompt Fiat to move the production of Alfa Romeo outside of Italy.
Genting Hong Kong’s Philippine Travellers postponed its IPO due to negative market conditions stinging emerging markets.
The Indian Telecom Ministry will release guidelines for mergers and acquisitions by the end of the month.
After conducting reviews, JPMorgan found out that it had made about 9% mistakes in more than 1000 lawsuits filed against non-payment of its credit card holders.
China's foremost social media services provider, Net@lk, was acquired by Publicis Groupe. Today, Publicis Groupe announced that it acquired China's foremost social media services provider, Net@lk.
Neutra Corp. entered a joint venture with Vertigo Technologies through its subsidiary, Cannabis Technologies, Inc.
Santander Consumer released plans to raise US$50 million in its IPO. The lender behind Chrysler Capital, Santander Consumer USA, released a plan to raise at least US$50 million in an initial public offering, according to official papers filed with the U.
Global Blue and NTT DATA established joint venture, Global Blue TFS Japan Co., Ltd. to provide tax refund services to foreign travelers in the country.
Stinger Medical and Enovate merge to become the biggest provider of transportable clinical workplace in the US.
