Australia-based protective clothing manufacturer Ansell Ltd has completed the purchase of US-based firm BarrierSafe Solutions International in a deal valued at $615 million (A$692.29 million).
Deals
George Soros follows Bill Gates lead, buys stake in Spain's FCC- sources
Sources told the Financial Times that billionaire George Soros has bought a 3.1% stake in Spanish builder FCC. The acquisition happened just three months after Microsoft's Bill Gates also made a bet on the company.
Australian investment firm Keybridge mulling buyback to repel Oceania takeover
Australia-based investment company Keybridge Capital Ltd is considering a share buyback using its $20.5 million cash in an effort to repel a takeover by its rival Oceania Capital.
Singapore fund inks deal to invest in London's Broadgate expansion
Singapore sovereign wealth fund GIC has signed a deal to invest in London’s Broadgate development through a joint venture partnership with UK-based real estate developer British Land.
Investors pay premium for Ally Financial's shares in private deals- sources
Investor demand for shares of auto lender Ally Financial has grown as evidenced by the increasingly high prices paid for them in recent private transactions, sources told Reuters.
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Through a joint venture formed with Shanghai Pudong Development Bank Co formed in 2012, US-based Silicon Valley Bank looks to meet the demand of investors for China funds.
VentureBeat reported that 2013 was a good year for venture capital firms as it was the third quarter in a row when there were more than 20 venture-backed companies that held their public debuts.
California, US-based security company FireEye purchased Virginia-based firm Mandiant for $1 billion in the biggest security deal of 2013.
New York, US-based media valuation platform Integral Ad Science has raised $30 million in a Series D funding round led by August Capital, according to a disclosed regulatory filing.
Delmarva Bancshares Inc, the bank holding firm for the National Bank of Cambridge, was able to raise $11 million in a private placement participated in by a group which included Castle Creek Capital.
Square 1 Bank completed the acquisition of Silicon Valley-based Sand Hill Finance, a financing solutions provider for emerging growth firms. Financial terms about the transaction were not disclosed.
Competition Commission of India (CCI), the fair trade regulator, said in a published order that it has given its approval for the planned merger of steel companies Shree Uttam Steel and Power and Uttam Galva Steels.
Business news site ValueWalk pointed out in its report that several top players on HSBC Holdings plc's list of best performing hedge funds for 2013 were found to have made value equity plays.
Indices of S&P Dow Jones indicated that exchange-traded funds might surpass hedge funds in terms of being attractive investments. Analysts earlier argued that the attractiveness of the securities were due to ETFs' cheap prices.
