ParElastic raises an additional US$5.7 million in additional funding. ParElastic Corporation, the purveyors of cloud data management business, announced today that they were able to obtain an additional $5.
Sectors
InnoBio and Sofinnova Partners Together at MedDay
InnoBio joins experts for drug research InnoBio, a biotech fund managed by CDC Enterprises, had announced its joint venture with Sofinnova Partners in MedDay for the cost of EUR 8 Million or $10.
WellTok Raises Series B Funding
WellTok Completes new series B round funding. The developer of CafeWell, the top Social Health Management Platform has announced the completion of its Series B funding activities.
Indian private equity deals decline in Q1 2013
Indian private equity investments decreased by a quarter in Q1 2013, according to the latest Quarterly Deal Report of VCCEdge.
Renaissance Offshore LLC Acquires Black Elk Energy Assets
Renaissance has acquired three oil wells from Black Elk Energy. A privately held oil and gas company based in Houston has completed the acquisition of select Black Elk Energy assets.
Latest News
The owners of Evonik are offering by private placement two percent of its shares before its eventual IPO days later.
Nomos Bank would offer a dollar denominated Eurobond through a roadshow. The Russian financial institution Nomos Bank is one of the few banks in Russia listed in the country's stock exchange.
SunTech exploring options with investors and buyers of assets. Beleaguered Chinese solar panel manufacturer Suntech Power Holdings Co Ltd is now seeking to sell off some of its assets.
Intelstat would undertake an IPO worth about US $500 million. A proposed IPO worth US $500 million would test the resolve of investors for financial leverage in Intelsat Global Holdings SA.
Qatar has finalized payment and transfer terms for Printemps. Qatar has finalized its agreement to acquire French retailer Printemps for Eur 1. 6 billion or US $2.
The initial public offering of Taylor Morrison Home Corp, which is the latest for companies tied to the housing sector, has raised $628.3 million.
Aid in the form of bond deposits is what Qatar has given to Egypt in the latest round of assistance.
KKR appoints Hirofumi Hirano as CEO and MD while former CEO and MD Shusaku Minoda becomes chairman.
Telecom Italia's investors meet to discuss future moves Telecom Italia SpA's stockholders are meeting today to discuss its future moves on votes to be made at the annual shareholders meeting of the largest phone company of Italy.
