German startup accelerator Rocket Internet raised USD112 million in new funding for online fashion retailers Zalora and The Iconic, making it the biggest single investment made for an e-commerce company in the Asian Pacific region.
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Blackstone Group-backed Invitation Homes amass 700 Twin Cities real estate
An economics expert told Minnesota Public Radio News that the Blackstone Group's strategy to acquire private homes across the US was strategic as the latter was able to dominate and capitalize opportunities in a new market segment.
Exits by funds in Australia rises due to shareholder demand - private equity, venture capital
The Australian Private Equity and Venture Capital Association revealed statistics which indicated that private equity activity in the region had heated up following a soft period.
Report says oil and gas in emerging markets new target by private equity
A recent report by Ernst & Young and Mergermarket projected increase in private equity activity in the oil and gas sectors, especially in emerging markets.
Whistleblower says buyout firms gain in transaction fees by brokering takeover deals
An unnamed private equity insider filed a complaint with the US Securities and Exchange Commission claiming that private equity firms KKR, TPG and Goldman benefited from the leveraged buyout of Texas-based utility TXU by acting as unlicensed brokers and collecting massive transaction fees in the process.
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U.S. stock index futures fell on Tuesday, indicating the S&P 500 may fall for a third consecutive day on concerns a reduction in stimulus by the Federal Reserve may be on the horizon earlier than some had anticipated.
China's biggest hydroelectric dam contractor Sinohydro Group Ltd. will be investing up to USD39.2 million in an hydroelectric project in Laos. The said company will also be investing USD724 million in a construction project in Shandong province.
Spotify, a popular music-streaming service, confirmed its receipt of a USD250 million investment in a recent funding and also said it paid around USD500 million in royalties to artists this year.
Portugal is raising EUR578 million (USD783 million) in the initial public offering of its postal service CTT-Correios de Portugal SA. The Portuguese government is divesting its 70% stake in the mail service.
German startup navabi, which sells designer brand clothing online, drew EUR10 million in new Series C funding from institutional investors led by private equity firm Index Ventures.
According to sources interviewed by Bloomberg, private equity firm KKR & Co has hired Goldman Sachs Group Inc to assist them in the sale of UN Ro-Ro Isletmeleri, a Turkish shipping company.
Top credit ranking Johnson & Johnson reportedly sold USD3.5 billion in a six-part bond issue, its first offering in the last two years. Proceeds from the deal will be used to pay the health care product manufacturer's outstanding debt.
Joint venture company Tata Cleantech Capital Ltd said in a Bloomberg interview that it could finance up to USD 401 million in Indian renewable and energy efficient projects.
Betfair, a UK-based online gambling firm, said it is setting its sights on Italy and the US after retreating from other markets due to tax rates and unfavorable regulations.
