Asian REITs improved. REITs or real estate investment trusts in Asia are improving. In Hong Kong, the New Century REIT debut with a gain of 0. 6%. This REIT was backed by the Carlyle Group.
Sectors
Kaseya acquires leading cloud and IT service provider Zyrion
Kaseya acquired leading cloud and IT service provider Zyrion. Kaseya announced its acquisition of Zyrion, Inc. today. Zyrion provided software solutions for cloud and IT service monitoring.
Williams, Jones & Assoc relocates, expands
Investment manager Williams, Jones & Associates renewed a 10-year deal with 717 Fifth Avenue. Williams, Jones & Associates, an investment managing firm, signed an agreement entitling a 10-year renewal and expansion at 717 Fifth Avenue, according to a report from The Commercial Observer.
Eskom grapples to plug ZAR191 Billion income gap as profit plunges
Eskom Holdings SOC Ltd. struggled to plug an income gap worth ZAR191 billion. Eskom Holdings SOC Ltd. admitted that it was struggling for ways to plug an income hole of ZAR191 billion equivalent to US$19.
Life360 gets $10 Million in Series B financing
Leading location and communication app gets US $10 million Series B funding from DCM. Location and communication app Life360 clinched a US $10 million Series B funding, which brings its total financing to US $20 million to date.
Latest News
The European Union plans to set aside US $22 billion to finance research for various industries. The European Union recommended a US $22 billion (Eur 17.
Warner Brothers' last minute bid for Thomas Tull failed to lure the producer; NBCUniversal succeeded.
Heidi Poon was hired as TorreyCove's new vice president. TorreyCove Capital Partners, a multinational private equity firm and real assets investment consultancy company, announced today that it hired Heidi Poon for the position of vice president.
Fitch gave a 'BBB-(EXP)' rating to Indonesia's USD-denominated global bonds. Fitch Ratings assigned a 'BBB-(EXP)' rating to Indonesia's USD-denominated global bonds.
Dechra Pharmaceuticals Plc, an animal health company based in United Kingdom, said that its revenue increased by 19%.
The Indonesian coal producer is close to completion of a deal pegged at US $500M that will mark Bakrie's exit.
China announced handing over audit documents of Chinese firms listed on the US stock exchanges to the United States regulators.
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.
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.
