The single largest stock holding of Soros Fund Management in the fourth quarter is Israeli drugmaker Teva Pharmaceutical Industries Ltd, Reuters reported citing a February 14 filing with the US Securities and Exchange Commission.
Deals
North Carolina-based startup CycleWood secures $1.45M in funding for commercialization of biodegradable grocery bags
Fayetteville, US-based startup CycleWood Solutions Inc secured $1.45 million in funding from Dallas-based venture capital firm Trailblazer Capital LLC for the commercialization of its biodegradable grocery bags.
Small and medium enterprises in Africa bag $10M from AVCA
For the past 18 months, small and medium enterprises (SMEs) in Africa bagged $10 million in investment from London, UK-based non-profit business development organization African Private Equity & Venture Capital Association (AVCA).
Kingsoft to sell $20M stake in gaming subsidiary to Chinese smartphone maker Xiaomi
Beijing, China-based software company Kingsoft will sell a a 4.7% stake worth $20 million in its game developing subsidiary Westhouse to Chinese smartphone manufacturer Xiaomi.
SM Investment Corp. invests in Philippine community mall development firm
Philippine-based real estate holding company SM Investments Corp entered an agreement to acquire a 34% stake in CityMall Commercial Center Inc for an undisclosed amount to construct a chain of community malls in Visayas and Mindanao.
Latest News
Tel Aviv, Israel-based security startup SlickLogin confirmed that it is being added by Santa Clara County, US-based Internet giant Google for an undisclosed amount in an acqui-hire deal.
At the O'Reilly Media's Strata big data conference, four venture capitalists revealed the types of startups and the projects they would be willing to put their money on.
Cupertino, US-based smartphone giant Apple considered purchasing Palo Alto, California-based electric car manufacturer Tesla, according to a San Francisco Chronicle report citing an unnamed source.
JPSML A/c Copthall Mauritius Investment acquired a 0.6% stake in Mumbai, India-based clothing retail chain Future Retail for INR13.5 crore at INR91.88 apiece on the National Stock Exchange.
New York, US-based investment advisor Jana Partners took a majority stake in Sunnyvale, California-based networking equipment manufacturer Juniper Networks for an undisclosed amount, according to a regulatory filing.
Soros Fund Management sold the stake it held in retailer JC Penney, liquidating 19.98 million shares, in the final quarter of last year, Reuters reported citing a regulatory filing.
Berkeley, US-based biotech startup Exogen Biotechnology turned to crowdfunding to raise money for its DNA damage measuring technology amid shortage of venture capitalists investing in biotech firms.
Silver Lake is already in advanced talks with private equity firm HGGC LLC to exit information technology management firm Serena Software Inc, according to four sources interviewed by Reuters.
Dublin, Ireland-based online jewelry retailer Coldlilies snagged $50,000 in funding from Enterprise Ireland's Competitive Start Fund fr female entrepreneurs to begin next phase of the business.
