LA Utility seeking bidders for 250 MW solar power project that complies with state regulations on renewable energy.
Sectors
Lanx Concludes Series C with US$15M
Lanx Inc Concludes Series C funding by raising US$15 million. The privately held world renowned spine company, Lanx, Inc. disclosed today the conclusion of its Series C equity financing round by raising US$15 million.
CVC and Betfair End Discussion after Bid Rejected
CVC and Betfair conclude discussions after second offer is rejected by Betfair board. According Reuters, CVC Capital Partners and Betfair have concluded their discussion regarding a takeover after the private equity firm advised Betfair that it would no longer make a third revision on their offer for the gambling company.
HTC Sweden Acquired by Polaris
Polaris Private Equity acquires HTC Sweden for an undisclosed price. The leading Danish/Swedish investor in middle market private equity deals, Polaris Private Equity has acquired the world creator and maker of systems for professional floor grinding and floor solutions, HTC Sweden AB.
NewWave Acquired by Rural Broadband and GTCR
NewWave Communications purchased by Rural Broadband and GTCR. In an announcement today by GTCR, it disclosed its acquisition of NewWave Communications from Pamlico Capital.
Latest News
The XD Group of China in discussions as to purchase of GE stake in Mexico. The state controlled power equipment manufacturer China XD Group is in discussion to purchase General Electric Co's shares in its joint venture with Xignux SA of Mexico.
Wheelz's purchase by Relay Rides merges into the largest peer to peer car sharing marketplace. RelayRides announced today its acquisition of Wheelz, a peer to peer car sharing policy.
TransferWise raises funds with Paypal co-founder leading the funding round that totalled US$6 million.
Verizon Wireless announces a US$7 billion dividend by June,. The largest US mobile service provider, Verizon Wireless, announced Monday that it would be paying its parent firms Verizon Communications and Vodafone Group Plc dividends totalling US$7 billion in June of this year.
The Commercial Bank of Dubai has set the price of its bond issue with a volume of US$500 million. The Commercial Bank of Dubai has set the price of its US$500 million international bond issue after the launch of the deal at the higher end of the price guidance, showing healthy investor demand.
Bloomberg Editor in Chief issues an apology, calling the access as inexcusable. The Editor in Chief of Bloomberg News, Matthew Winkler, apologized Monday for allowing its journalists 'limited access' to sensitive data on how clients utilized the ubiquitous Bloomberg terminals.
Fairway Market's outlook is positive but faces challenges especially from its market competitors.
IP-Only Telecoms to be purchased by EQT from three major shareholders. EQT has entered into a contract to purchase 91% of IP-Only from its three biggest shareholders.
Wochit secures US$4.75 million in its Series A funding round. Wochit, Inc secured US$4. 75 million funding from its recently concluded Series A growth capital round.
