Sydney, Australia-based online tailoring startup InStitchu expanded to the UK by partnering with two London-based entrepreneurs who planned to open a similar business but instead bought a minority stake in the company's new UK subsidiary.
Co-investment
US hedge fund Libra Advisors to pick up $12M stake in NZ's Rubicon
New York, US-based hedge fund Libra Advisors will pick up a $7.2% stake in Auckland, New Zealand-based business developer Rubicon to support that latter's future forestry biotech project.
Liverpool reportedly in talks to buy £11M stake in Australian football club Melbourne Victory
English football club Liverpool is in talks to acquire an £11-million stake in Australian professional football club Melbourne Victory, according to a report by News.com.au.
Singapore-listed Sunmoon invests in American beverage firm True Drinks
Bukit Batok Crescent, Singapore-based fruit and produce firm Sunmoon Food Company has agreed to buy $250,000 (S$317,200) worth of stocks in Nevada, US-based beverage company True Drinks Holdings at $4 apiece.
Austin incubator Capital Factory partners with Silverton and Floodgate to back tech startups
Austin, Texas-based incubator Capital Factory struck a partnership with venture firms Silverton Partners and Floodgate to support tech startups in Austin and trigger and investing "snowball effect."
Latest News
Singapore-listed investment holding company Yoma Strategic Holdings agreed to pick up a 30% stake in Myanmar-based consumer goods firm Asia Beverages Co in a deal valued at $11.1 million (S$14.2 million).
London-based hedge fund Hengistbury Investment Partners took a 5.2% interest in events and publishing company UBM as the latter continues its search for a new chief executive.
Hugh MacKay, the chief executive of UK-based hydrocarbons exploration and production firm Europa Oil & Gas, now holds a 0.88% stake in the company after it held an open offer for 19.3 million shares.
Kotak Private Equity is purchasing a 19% stake in offshore logistics support services firm Samson Maritime from IFC and JM Financial for Rs 150 crore, sources told The Economic Times.
Hamburg, Germany-based publishing group Spiegel.net has partnered with accelerator XLHealth to acquire a 25% stake in Berlin-based brain-training startup NeuroNation for an unconfirmed seven-figure sum.
New York, US-based media firm NBC Universal International Television Production picked up a minority stake in Vancouver, Canada-based independent TV producer Lark Productions for an undisclosed amount.
Maersk Oil, a unit of Denmark-based oil and shipping magnate AP Moller-Maersk, received approval from the Iraqi government to purchase stakes in two exploration blocks from Spanish firm Repsol Oriente Medio for an undisclosed sum.
New York, US-based activist investor Jana Partners LLC hiked its stake in Colorado-based oil producer QEP Resources Inc from 7.6% to 9.5% on Monday, and announced its plan to nominate board candidates for the company.
Sports Direct, the biggest sporting goods seller in the UK, picked up a 4.6% stake in London-based multinational retail chain Debenhams for an undisclosed sum.
