Rosneft CEO Igor Sechin bought company shares amounting to USD 5.5 million. The Chief Executive Officer of Rosneft acquired company shares worth USD 5.
Deals
Taulia Inc scores USD 18 million in Series C funds
Taulia Inc scored a total of USD 18 million for its Series C round led by Lakestar. San Franciso, California-based Taulia Inc bagged USD 18 million for its Series C round.
KV Asia Capital scores USD 263 million for first fund
KV Asia Capital raised USD 263 million for Fund I. Singapore-based private equity firm KV Asia Capital said that it was able to raise capital commitments worth USD 263 million for its first fund.
Harbert Management closes fifth fund with USD 200 million
Harbert Management Corp announced that the interim closing of Harbert Power Fund V so far raised USD 200 million.
Qualcomm sells Omnitracs to Vista Equity Partners for USD 800 million
Qualcomm inked a definitive agreement to sell subsidiary Omnitracs Inc to Vista Equity Partners in a deal valued at USD 800 million.
Latest News
Sources said that the most likely bidders for Panasonic’s healthcare unit are KKK, Toshiba Corp and a consortium led by Bain Capital.
The Iraqi oil minister said ExxonMobil would sell portions of its stakes to PetroChina and Pertamina.
Baring Private Equity Asia would be acquiring Indian outsourcing firm Hexaware Technologies for USD 400 million.
China Mobile gave initial 4G contracts worth CNY 20 billion or USD 3.2 billion to both Chinese and foreign companies.
Sources told Reuters that Chinese copper company Jiangxi Copper Co could be a potential buyer for Glencore Xstrata’s Peru mine.
Billionaire Carl Icahn announced on Twitter that he had set dinner with Apple CEO Tim Cook to discuss plans for the company's buyback program.
Koch Industries confirmed in an email to BBC about a Daily Caller report of the company backing out on a bid for Tribune Co.'s publications, including Los Angeles Times and Chicago Tribune.
IIS and Drivewyze raises USD7.5 million in its latest Series A funding round. Sister firms Intelligent Imaging Systems and Drivewyze have jointly announced the completion of its latest round of funding that raised USD7.
JackBe Corp purchases Software AG for an undisclosed amount. As the advisor in the sale, Clearsight Advisors had recently announced the completion of another transaction in the Big Data market.
