In an interview conducted by newly-acquired newspaper the Washington Post, Amazon.com Inc. CEO Jeff Bezos said that he would be applying his management style in Amazon to the beleaguered newspaper.
Deals
KeyLemon closes another Series A round funding
Security solutions firm KeyLemon receives funds through Series A investment. One of the leading service providers of face and speaker recognition speaker solutions for security and authentication purposes, KeyLemon, announced the close of a Series A investment.
Vodafone is now on chapter two, according to CEO Colao
With nearly USD30 billion retained from the buyout, Vodafone is gearing towards expansion and technology upgrades.
KKR and Primera undertakes its exit plan
The sale of 11% over Prosiebensat.1 is the start of the exit of KKR and Primera from the business. ProsiebenSat. 1 private equity owners are selling off an 11% share in the free-to-air broadcaster from Germany.
Citigroup subsidiary to merge with Rohatyn Group for specific purpose
TRG is the new firm formed from the merger of Citi Venture Capital International and Rohatyn Group. In order to manage emerging-markets assets, Citigroup Inc has laid out plans to combine its Citi Venture Capital International with the Rohatyn Group under undisclosed terms.
Latest News
Today, OCI Resources announced that it had launched its initial public offering of 5,000,000 common units.
Lithium Technologies announced today that it had raised USD50 million in mezzanine financing. Lithium Technologies is the leader in Social Customer Experience.
The government of Afghanistan would be looking for favorable bidders for the privatization of the New Kabul Bank.
A grant-loan from the Belgian government would expand the water and sanitation services in Iten, Kenya.
Opposition Members of the Parliament (MP) expressed their concerns over the UK government not providing enough protection for Royal as the universal postal service near privatization.
Alitalia SpA engaged advisory services Italian firm for corporate restructuring help. Gruppo Banca Leonardo was engaged the services of Alitalia SpA to assist in the raising of hundreds of millions of Euros before the year's end.
The Philippine Stock Exchange said meeting IPO targets this year would be difficult as market conditions continued to be volatile.
Sole bidder Chevron won the Lithuanian tender for shale gas exploration, the government said in a Twitter announcement.
Platinum Equity announced the closing of Fund III with USD 3.75 billion. Global merger and acquisitions firm Platinum Equity announced that it scored USD 3.
