According to its CEO, Dianping.com's value is higher than Groupon and Yelp or about USD10 billion.
Acquisition
For an undisclosed amount, private equity firm New Silk Route acquires Mediterranean cuisine restaurant Moshe's for expansion purposes.
Swiss Re set to formalize a USD425 million investment for 12.3% of FWD.
GI Partners' Datacore LP acquires Regent Commons, a property with LEED certification located near the Dallas Fort Worth International Airport.
Anatrace was recently acquired by StoneCalibre to expand its portfolio of detergents and lipids for the marketplace.
No financial details were provided in the acquisition of Applied Products Inc or Retrax by Kinderhook's Tectum Holdings LLC.
WPP Plc expands into China with its acquisition of IM2.0.
KKR purchases Mitchell International from Aurora Capital for an undisclosed amount.
The Telegraph reported that several private equity groups were invited to bid for a controlling stake of Ambassador.
The American retail banking unit of the Royal Bank of Scotland would be worth more if sold, according to a Wall Street banker.
The price of USD315 million is what KIK Customs paid for Chemtura Corp's consumer product business.
In its second largest acquisition in the past six months, KKR had acquired 30% of India's Gland Pharma for USD150 million.
Bluefield Solar Income Fund Limited recently purchased a 6.87 megawatt peak plant for GBP9.35 million from Parabel AG.
A team-up of The Canada Pension Plan Investment Board (CPPIB) and Dexus Property had placed a AUD2.7 billion buyout bid for Commonwealth Property Office Fund (CPA), the office trust of the Commonwealth Bank of Australia
The Energy Opportunity Fund LP is managed by Mitsubishi backed Alternative Investment Capital Ltd.
Subscribe to VCpost newsletter
Most Popular
- American Millionaire Charged in Brutal Murders of Canadian Tycoon and His Partner in Dominica Denied Bail
- SSDI Payment April 2024: Who Will Receive Social Security Benefits Today?
- Where's My Child Tax Credit 2024: When to Receive My Money After April 15 Tax Filing Deadline?
- Tesla Spends $200,000 in Promoting Elon Musk's Social Media Platform X Following Mention of 'Minimal Advertising Efforts'
- Michigan Family Sues Wendy's for $20 Million After 11-Year-Old Girl Suffered Deadly E.Coli Infection
- Brazilian Woman Wheels Her Dead Uncle Into the Bank to Withdraw Loan in His Name
- Australian Farmer Prepares Grave of 3,000 Sheep After Failing to Find Buyer
- Sheetz Convenience Store Accused of Racial Discrimination After Denying Employment of Black, Mixed-Race, and Native American Applicants