Ripple Labs had partnered with ZipZap, a cash transaction network, to expand its money transfer services.
Deals
IOI's Unico-Desa acquisition may reduce its cash position - Moody's
Moody's Investors Services advised IOI Corp Bhd about the financial implications of its planned acquisition of a 39.55% stake in Unico-Desa Plantation Bhd.
Tryzens CEO announced acquisition of Tryzens Ltd from its original owners
Scottish Equity Partners backs up Tryzens acquisition from Jaywing Plc. Tryzens CEO Terry Hunter together with his senior executive team had just completed the acquisition of Tryzens Ltd from parent firm Jaywing Plc.
Darling International nears acquisition of Vion Food Group's rendering business- sources
Sources told Bloomberg that Darling International was closing in on a deal to buy Vion Ingredients, the meat rendering business of Vion Food Group Ltd.
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.
Latest News
Washington-based Carlyle Group could possibly sell its shares in Turkey's Medical Park and Saudi Arabia's General Lighting.
Allied Blenders & Distillers would pay INR300 crore for the purchase of Sentini Bioproducts. Allied Blenders & Distillers, the Kishore Chahbria backed winemaker, had been in discussions with Sentini Bioproducts for the purchase of the latter's blending and bottling unit.
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.
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.
