AIG announced that they are resuming talks with a Chinese group regarding the sale of its aircraft leasing unit.
Deals
South African town to benefit from venture project
Lesedi Council and a group of investors headed by Flanagan & Gerard announced a plan to construct a 35,000 square meter mall in Heidelberg, South Africa.
Paladin considers share sale to bolster balance sheet
Paladin Energy Ltd announced plans to sell shares to institutional investors. Paladin Energy Ltd plans to sell shares to institutions after the conclusion of talks to sell a stake in the company's Langer Heinrich mine located in Namibia.
Canada's BioteQ signs venture deal with Jiangxi Copper Company
BioteQ Environmental Technologies Inc. announced that they have agreed Jiangxi Copper Company to set up a water treatment facility at the Yinshan Mine site.
Macquarie acquires stakes in Accoina hydroelectric project
Macquarie Group Plc acquired a 49% stake claim in the hydroelectric project headed by Accoina SA. Macquarie Group Ltd announced the acquisition of a 49% stake in that Accoina SA hydroelectric project located in Mexico.
Latest News
CEO of Socrative reveals that his company had collected US$750,000 in a seed funding round from investors including True Ventures, NewSchools Venture Fund, Eileen Rudden and Jean Hammond.
SM Investment Corporation shares experience an all time low since discounted share sale. SM Investment Corp's shares slid noticeably for the first time in six weeks after the equity trading that sold US$150 million worth of shares that were offered at a discount.
Sony Pictures Entertainment signed a joint venture agreement with Tom Rothman. Sony Pictures Entertainment announced on thursday that Former 20th Century Fox hit performer Tom Rothman had signed a joint venture with the studio.
Apple Inc acquires communication chip developer, Passif Semiconductor Corp. Apple Inc announced the acquisition of Passif Semiconductor Corp, a developer for communication chip.
Patreon Inc. revealed that it had collected up to US$2.1 million in financing from capital venture firms and angel investors.
FCA Venture Partners revealed that they had sealed a US$53 million fund. FCA Venture Partners announced that it had just closed a US$53 million fund. The capital they have raised would be used to fill a funding gap that exists between angel and later-stage investment periods.
HootSuite financiers revealed that Blumberg Capital had earned up to 520% from their initial investment in HootSuite.
Medical equipment maker, Smith & Nephew announced that the company is in the market to make acquisitions.
Ekahau, Inc. revealed that Horizon Technology Finance Corporation spearheaded a US$6 million debt financing plan for the tech company.
