Private equity backed Novacap bought a controlling share in China-based Taixing Yangzi Pharm Chemical.
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Perion-Conduit merger causes share decline
Perion Network's share prices declined as the promised premium for the merger was lost. The share price for the Perion Network Ltd had its largest decline in more than three years as its investors were disappointed with the lack of a premium for its merger with Conduit Ltd's Client Connect business.
Telecom Italia cancels board meeting
The cancellation of the Telecom Italia board meeting buys the firm more time to plan out ways to revitalize its flagging business.
American Restaurant Concepts gets USD 1 million credit facility from Blue Victory Holdings
Blue Victory Holdings Inc extend a USD 1 million credit facility to American Restaurant Concepts. American Restaurant Concepts Inc announced it was able to close a credit facility worth USD 1 million from Blue Victory Holdings Inc.
Bill Cosby says African American graduates, women needed as leaders
Comedian Bill Cosby said African American leaders need to come from women and university graduates. Comedian Bill Cosby said African American leaders in the US need to come from the universities and women.
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Violin Memory, through the backing of Toshiba, would be doing an IPO of 18 million shares with an expected value of USD180 million.
BBC Worldwide and Ragdoll Productions sold "Teletubbies" to DHX Media. BBC Worldwide and Ragdoll Productions sold the joint venture firm that owns the rights to "Teletubbies," "In the Night Garden" and "The Adventures of Abney & Teal" to DHX Media.
TorQuest announced the closing of its third fund with USD 535 million. Canadian private equity firm TorQuest announced that it was able to raise USD 535 million for its third fund.
IMDS, the leading company in the manufacture of orthopaedic implants and instruments, recently was acquired by Golden Equity Investments.
Mirza Adityaswara was appointed as Deputy Director of Bank Indonesia by Indonesian lawmakers. Mirza Adityaswara, a central bank outsider, was chosen by Indonesian lawmakers to become the new Deputy Director of the Bank Indonesia.
Masharie, a subsidiary firm of Dubai Investments, sold its stake in Anchor Allied Factory to Alkhabeer Capital.
In its latest funding round, Okta raised USD27 million from investors headed by Sequoia Capital. In an announcement, Okta said it had completed a Series D funding round where it raised a total of USD27 million.
NZ Prime Minister John Key, despite the write down of key assets, expects to reach the lower end of initial targets for revenues for share sales of government owned interests.
TV actor and comedian Bob Newhart was emotional after he received his first Emmy trophy. Bob Newhart was emotional when he received his first Emmy win after five decades in show business.
