Coates International, Ltd. has received an irrevocable, non-recourse unconditional letter of credit for $30,000,000 USD which it intends to use as collateral for a new loan facility.
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NBNK talking to Middle East sovereign wealth funds - source
New banking venture NBNK has held talks with Middle Eastern sovereign wealth funds to bolster its bid for 632 Lloyds branches that are up for sale.
Social gifting: the new buzzword in e-commerce
Last year, the buzzword in e-commerce was Groupon Inc and its myriad of competitors that offered daily online coupons to entice shoppers in a down economy. Now, the latest fashion in retail is social gifting, where people get together on Facebook to buy each other gifts.
Nokia in advanced talks to sell luxury Vertu unit: FT
Cellphone maker Nokia is in advanced talks to sell its UK subsidiary Vertu toprivate equity group Permira, the Financial Times reported.
AWM Investment Company - News Release
three funds advised by AWM Investment Company, Inc have acquired additional shares ("Shares") of Xebec Adsorption Inc. ("Xebec") in open market transactions.
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MICROS Systems, Inc. has signed an agreement to acquire the outstanding stock of Torex Retail Holdings, Ltd. from its private equity owners.
With Lovell Minnick as our partner, we will continue to establish ourselves as an important franchise in our focus sectors.
China Cord Blood Corporation Announces Completion of $65 Million Convertible Debt Financing with KKR
China Cord Blood Corporation has successfully closed aUS$65 million convertible debt financing with funds affiliated with KKR China Growth Fund L.P.
Kerzner International Holdings Limited has concluded its comprehensive restructuring to improve its capital structure and position it for sustainable, long-term growth as a global management company.
Start Garden is a new venture capital fund that will invest $5,000 in two ideas each week, then continue to invest incrementally as they gain momentum.
ThinkVine was honored at the Second Annual Cincinnati USA Innovation Awards held by the Business Courier and the Cincinnati USA Regional Chamber at Duke Energy Convention Center on April 17
Roger Dunbar has been elected Chairman of SVB Financial Group's board of directors, effective April 26, 2012.
Forus Health Pvt. Ltd. has successfully raised Series A funding of $5 million from two leading venture capital funds, Accel Partners and IDG Ventures India.
On May 3rd, the 7th China Venture Capital & Private Equity Forum will kick off at Crowne Plaza, Palo Alto, CA.
