Tesco Plc said that any deals that would take place in China would be funded through its new retail venture with China Resources Enterprise Ltd.
Deals
Veeva files for IPO with US Securities and Exchange Commission
Veeva's cloud software solutions expansion would go full blast after the capital infusion post-IPO.
Blackstone complete purchase of Multi Corporation
Blackstone completed its acquisition of Multi Corporation. Private equity firm Blackstone recently finalized its purchase of Multi Corporation, a Netherlands-based shopping center.
Protein Bar receives capital investment from Catterton Partners
Protein Bar disclosed receipt of capital funding from consumer-focused private equity firm Catterton Partners.
UBS AG's unit opens hedge fund to investors
UBS AG’s unit would open its first hedge fund focused on Asia later this year, according to two people who were familiar with the matter.
Latest News
Fonciere des Regions bought a total number of 4,000 homes for EUR 351 million or USD 477 million. Paris-based Fonciere des Regions (FDR) purchased 4,000 homes in Germany for a total of EUR 351 million or USD 477 million.
Barclays, through a statement, explained why accounts were frozen, maintaining minimum notice requirements were met in reaching out to customers.
Nykredit would be refinancing its DKK 11 billion debt through preferred stock issuance and contingent convertible debt.
General Electric Capital Corp would be divesting its stake in GE Money Bank in an IPO scheduled in the fourth quarter.
Toshiba Corp chief executive Hisao Tanaka told Reuters that his company would decide on buying a major stake in UK nuclear venture NuGeneration.
Forgame Holdings Ltd experienced a premium of one-third of its stock price during its trading debut on the Hong Kong Stock Exchange on Thursday, said a Reuters report.
Information technology news site Techcrunch said in a report that investment by venture capital firms in startups that are a least a decade old had been increasing.
In an announcement today, passenger travel search engine company Skyscanner announced that Sequoia Capital had placed investment commitments to the startup valued at USD800 million.
Algorithmic trading platform Quantopian raised USD 6.7 million from Khosla Ventures and Spark Capital.
