Blackstone Group's Brixmor Property Group would be raising USD 787.5 million in a planned US IPO.
Sectors
Hyundai Steel to make Hyundai Motor as its captive customer
The takeover of the Hysco businss ensures steady supply of steel for Hyundai Motor Corp. Parent company Hyundai Steel Co had laid out plans to take over the core business of its subsidiary Hyundai Hysco Co.
New Silk Route acquires Moshe's
For an undisclosed amount, private equity firm New Silk Route acquires Mediterranean cuisine restaurant Moshe's for expansion purposes.
Tata Sons - Singapore Airlines approvals held back a week
The government regulatory agency FIFB pushed back review of necessary approvals for the SIA-Tata Sons airline deal.
ICVL showed interest in Riversdale Mining coal mines
The International Coal Ventures Ltd consortium is interested in purchasing Rio Tinto. The International Coal Ventures Ltd had indicated its interests in the puchasing the Rio Tinto owned Riversdale Mining coal operations located in Mozambique.
Latest News
Breathometer Inc scored close to USD 2 million in its seed funding round, and would use the funding to produce and market its Breathometer device.
A total of USD40 million in capital investments was raised in cloud software startup Accela's fourth investment funding round.
Zynga co-founder Justin Waldron announced his departure via a Facebook post. Zynga co-founder Justin Waldron recently announced that he would be leaving the gaming giant after six and a half years.
Stitch Fix founder and CEO Katrina Lake told Techcrunch in an interview that the additional USD12 million funding would go towards keeping up the organic growth of the online shopping startup.
According to a report by Techcrunch, Prime Ventures provided a capital infusion of USD7 million to mobile games marketing platform AppLift.
Anaqua scored USD 25 million from Bessemer Venture Partners. Private equity firm Bessemer Venture Partners (BVP) backed technology firm Anaqua with a USD 25 million investment.
HSBC Holdings would be winding down the operations of its InvestDirect Securities unit in India. HSBC Holdings would be exiting its India-based retail broking and retail depository services unit in India.
NXT Capital invested in MyBuys through a USD 4.5 million subordinated venture loan. The Venture Finance Group of NXT Capital gave a USD subordinated venture loan to support MyBuys.
TextPower raised capital commitments amounting to USD 525,000 in its Series A round. TextPower Inc completed its Series A financing round with USD 525,000 in investments.
