Venture Capital

Centrica-Qatar venture purchases gas assets in Canada

Centrica-QPI joint venture purchases Suncor assets in Canada. Centrica of Britain and Qatar Petroleum International has purchased gas and oil assets previously owned by Suncor Energy.


JAB aims to build coffee conglomerate with Master Blenders purchase

Aiming to build a coffee conglomerate, Joh A. Benckiser, the investment arm of billionaire Reiman family, is set to acquire D.E. Master Blenders 1753 NV for about 7.5 billion euros ($9.8 billion).

Greek Prime Minister Assures No Deposit 'Haircut'

Greek Prime Minister categorically says that the recapitalization has protected the Greek banks from a Cyprus like crash.

AirAsia Hiring Pilots for Indian Budget Airlines

AirAsia JV programs now underway. On Saturday, AirAsia Bhd announced that prior to its launching of the joint venture, they have started hiring India-based captains, first officers and pilots for the Indian budget carrier.


Latest News

Syros Pharmaceuticals gets US$30 million financing through a Series A round with institutional investors.
European private equity firm AXA Private Equity has sold its majority stake in Aixam Mega to Polaris Industries, a US in group specializing in powersports.
The merger of Zon Multimedia and Optimus is being reviewed by Portuguese authorities to avoid the creation of duopolies in the country's pay-TV market.
Elan shareholders approve buyback plan to avert takeover bid from Royalty Pharma. Shareholders of Irish drug maker, Elan, approved a US$1 billion or GBP651 million share buyback approval.
We Are Hunted, a music streaming service on Twitter, was recently bought out by the social media network.
Private equity firm Serent Capital has invested in Optimal Blue, a leading mortgage technology provider.
Three big venture firms may team up to provide funding for startups working with Google Glass, the hybrid eyeglasses and smartphone developed by Google.
Yahoo!, the U.S. biggest Web portal, has engaged the services of private equity veteran Jacqueline Reses as it struggles to reinvent itself and stay relevant.
India’s online retailer Snapdeal has raised funding estimated to be between $30 million and $50 million from eBay and Recuit Co of Japan.
Agbiome LLC will use the raised funds from its Series A financing to finance its R&D and marketing activities.
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