A regulatory filing showed Sharp would be selling stocks at a discount to raise JPY 137 billion. Japan-based company Sharp Corp would be selling stocks at a discounted price to gather JPY 137 billion or USD 1.
Deals
Alfresco going public is a bad decision - report
Doug Dennerline, who is UK open source company Alfresco's new chief executive, said that although plans for a public offering were in the cards, he would rather focus on looking for additional funding for company expansion.
Albion Ventures announce financial support for Erin Solar
Erin Solar stands to receive GBP1.4 million from venture capitalist Albion Ventures. One of the largest independent venture capitalists in the United Kingdom, Albion Ventures, had announcement a financial commitment of GBP1.
Pharmakea's Series A funding round receives investment from Bay City Capital
Pharmakea Therapeutics receive funding through Series A round from Bay City Capital and Celgene Corporation.
Ripple Labs partners with ZipZap to expand digital currency and money transfer services
Ripple Labs had partnered with ZipZap, a cash transaction network, to expand its money transfer services.
Latest News
The Al Habtoor Group would be investing USD 3 billion in a real estate development in Dubai. Al Habtoor Group said it would it would be launching a USD 3 billion real estate development in Dubai.
Intu Properties partnered with the Canada Pension Plan Investment Board to buy a Spanish mall for EUR 162 million or USD 220 million.
JSW Steel's acquisition would be consummated 'only after obtaining all relevant approvals required under applicable laws' according to the filings done at the BSE.
The plan to bid for 900 Mhz band for telecommunications would be done and a business case is to be presented by Deloitte.
Two sources told Bloomberg that private equity firm Apollo Global Management LLC was contemplating on raising its new fund limit.
Apollo Tyres Ltd and Cooper Tire & Rubber Co could not seem to agree on the initial price of its buyout deal.
The Financial Times reported that US hedge funds had been aggressively investing in the struggling banking sector of Greece.
KKR & Co LP would soon reach a deal to acquire Crosby Group LLC in a transaction valued USD1 billion, said two sources familiar with the matter.
The recent remarks made by officials of both Bharti and Walmart indicate issues between the two. Walmart Stores Asia head Scott Price, contrary to previous reports, said a conversion of the current franchisee agreement with Bharti Retail into a joint venture is 'not tenable'.
