The Japanese government will shoulder the decontamination costs from the 2011 Fukushima nuclear disaster through the sale of its shares in Tokyo Electric Power Co. Decontamination costs are estimated to reach ¥2.5 trillion.
Deals
New York-based online eyeglasses company Warby Parker has scored $60 million in a Series C funding round from its existing investors to beef up its customer support team
New York-based online eyeglasses company Warby Parker has scored $60 million in a Series C funding round from its existing investors to beef up its customer support team.
New York-based media group News Corp acquired Dublin, Ireland's social news agency Storyful at €18 million
New York, US-based media group News Corp has acquired Dublin, Ireland's social news agency Storyful in a deal valued at €18 million ($25 million) to help surface and validate user-generated news online.
Washington-based international law and lobby powerhouse Patton Boggs LLP has ended merger discussions with Texas-based law company Locke Lord LLP
Washington-based international law and lobby powerhouse Patton Boggs LLP has ended merger discussions with Texas-based law company Locke Lord LLP, according to a joint statement on December 19.
China Media Capital acquires stake in Caixin Media
Shanghai-based investment fund China Media Capital (CMC) purchased a stake in Beijing-based business media entity Caixin Media Company Ltd from Zhebao Media Holding Group Co Ltd for an undisclosed amount.
Latest News
Sprint chairman and SoftBank chief executive Masayoshi Son was reportedly meeting senior bank executives in New York. Sources said that banks are readying proposals for financing a bid by Sprint Corp. for T-Mobile US.
Veritas Investments, the owner of the Mad Butcher business in New Zealand, is poised to spend $3.4 million in combined cash and shares to acquire a stake in the local Burger King patty supplier Kiwi Pacific Foods.
Tokyo-based trading firm Mitsui sold its new shares in Indonesia-based motorcycle financier Bussan Auto Finance (BAF) to Ciptadana Capital and Yamaha Motor Group in a deal valued at IDR350 billion ($28.7 million).
Software company Dealertrack Technologies will buy out online marketing and sales provider Dealer.com for $1 billion. Dealertrack will pay $620 million in cash and $373 million in stock.
Boston-based firm Liberty Mutual Insurance Group reportedly paid more than €100 million to acquire a 49% stake in Irish Bank Resolution Corporation (IRBC), amid plans to open 150 new technology jobs in Dublin, Ireland.
Private equity firm Blackstone Group has put up for sale its 13.09% stake in Indian drug company Emcure Pharmaceuticals. The stake will be sold to rival private equity firm Bain Capital for INR650 crore.
Australia-based funds management group Alceon has acquired two shopping centers from Mirvac Group in a deal valued at $100 million as part of the listed group's non-core disposal program.
New York-based innovative learning company EdTech has landed $51 million in a funding round led by London venture firm Atomico to take personalized learning on a global scale.
Facebook chief executive Mark Zuckerberg will be selling 41.4 million shares worth $2.3 billion as part of Facebook's follow-on offering of 70 million shares. The said stock offering is worth a total of $3.9 billion.
