In an announcement today, former executives of Finam Global launched Flint Capital, a USD30 million fund that is focused on placing investments in Internet and innovative hardware startups.
Venture Capital
Enterprise1 secures GBP37.5 million from UK government, private investors
New venture fund received GBP37.5 million in investment commitments from public and private investors, including the UK government, to boost the tech industry in the nation.
Jos A. Bank approaches Men's Wearhouse for merger
Jos. A. Bank had approached Men's Wearhouse for a possible merger although the type of tie-up was not clearly stated, reported the Wall Street Journal.
Indian companies transact wind power businesses
Tata Power buys a wind farm while DLF Ltd divests one in differing transactions in Indian wind power generation business.
Dauria Aerospace receives investments from I2BF Global Ventures
The global satellite services would be expanded through the capital investment of I2BF Global Ventures in Dauria Aerospace.
Latest News
Scottish Equity Partners backs up Tryzens acquisition from Jaywing Plc. Tryzens CEO Terry Hunter together with his senior executive team had just completed the acquisition of Tryzens Ltd from parent firm Jaywing Plc.
Erin Solar stands to receive GBP1.4 million from venture capitalist Albion Ventures. One of the largest independent venture capitalists in the United Kingdom, Albion Ventures, had announcement a financial commitment of GBP1.
Pharmakea Therapeutics receive funding through Series A round from Bay City Capital and Celgene Corporation.
Intu Properties partnered with the Canada Pension Plan Investment Board to buy a Spanish mall for EUR 162 million or USD 220 million.
The plan to bid for 900 Mhz band for telecommunications would be done and a business case is to be presented by Deloitte.
The recent remarks made by officials of both Bharti and Walmart indicate issues between the two. Walmart Stores Asia head Scott Price, contrary to previous reports, said a conversion of the current franchisee agreement with Bharti Retail into a joint venture is 'not tenable'.
Bay Investment Group LLC, the venture firm of Hayah Holdings and Colony Capital, will head the master development in the city of Oakland.
Dubai is being eyed for a USD150 billion investment push from Asian institutional investors. Institutional investors from all over Asia had placed the Dubai market in its crosshairs as a place to invest nearly USD150 billion.
According to a report from Reuters, bad publicity would cause a great impact on an upcoming deal as stated in the Journal of Financial Economics by Baixiao Liu and John McConnell.
