New book details the 'descent of Air India'
Jitendra Bhargava details the corruption and the mismanagement that led to the collapse of Air India.
Private Equity
Spotify Raises $1 Billion Through Financing Deal
Music streaming company Spotify raises $ 1 billion deal through financing in the form of convertible debt. TPG rounded the funds together with Dragoneer along with other institutional investors. The deal placed by Goldman Sachs is expected to close on April 2.
Yahoo Potential Buyers Have 14 Days to Present Their Bid
Yahoo potential buyers only have until April 11 to submit their bid. Along with the proposed amount are details on how the purchase would be financed, conditions or approvals to be met and what import..
Israeli investment firms get $665 million in 2016
Israel is witnessing an increasing number of new venture capital (VC) firms coming up. The country registered an inflow of $665 million VC funding during the first two months of the year. Unfazed wit..
Black Bear Diner Secured an Investment From PWP Growth Equity, Aims to Expand Business
Black Bear Diner had secured an investment from private equity fund PWP Growth Equity. The financial backing will be allocated to expand growth and coverage in new and existing markets. The restaurant..
Latest News
CNOOC overpays Nexen acquisition deal- special report
State-backed China National Offshore Oil Corp might have overpaid for the acquisition of Canada-based Nexen Inc, according to a Reuters special report.
Yahoo acquires social marketing tech startup Bread
Social marketing tech startup Bread was acquired by Yahoo Inc to improve revenue potential of its ad products.
Endurance International to do IPO
Cloud web hosting and domain service provider Endurance International Group Holdings would undertake an IPO soon.
Latest Bain Capital fund raises USD2.3 billion
Bain Capital Fund XI, with a projected USD6 billion, is now worth USD2.3 billion.
CommScope to sell 38.5 million shares at IPO
The IPO of CommScope Holding Co is expected to reap USD800 million.
Activision regains majority after Vivendi stake buyout
Activision regains independence after it bought back shares from Vivendi SA.
AlphaMetrix has 'significant cash flow' issues
Community pool operator AlphaMetrix Group LLC recently fired its CFO as it grapples with liabilities far greater than its liquid assets.
Catapult Group formed from consortium of funds and groups of companies
The Catapult Group provides service and administrative support for contract affiliates.
Otsuka Pharmaceutical completes acquisition of Astex Pharmaceuticals
Otsuka Pharmaceutical announced today the completed acquisition of Astex Pharmaceuticals in a deal valued around USD900 million.
