Kontextual announced that, with the latest investments coming from RPM Ventures, they have raised up to US$650,000 for their seed fund.
Deals
Eutelsat okays acquisition of Satelites Mexicanos for USD 1.14 billion
Paris-based Eutelsat agreed to acquire Satmex for a total of USD 1.14 billion, including its outstanding debt.
Schneider Electric agrees on GBP 3.4 billion Invensys buy
Schneider Electric announced its GBP 3.4 billion or USD 5.2 billion acquisition of Invensys Plc. French electrical gear manufacturer Schneider Electric announced its GBP 3.
Oprah Winfrey Network pulls stronger ratings, finally makes money after 4 years
Oprah Winfrey Network pulled stronger ratings and finally made money after 4 years since it's debut.
Singapore's Nalanda Capital reveals 5% ownership in Lovable Lingerie
Nalanda Capital stated that it now had 5% ownership in Mumbai-based Lovable Lingerie. Nalanda Capital, a Singapore-based private equity firm, revealed that it had now controlled more than 5% of Mumbai-based Lovable Lingerie shares.
Latest News
Jifiti announced that it had collect US$2.5 million from institutional investors in an investment round.
The 80-year-old actress of "Private Benjamin", Eileen Brennan, died Sunday. Eighty-year-old Eileen Brennan, an American actress, died Sunday.
Bill Ackman's Pershing Square Capital Management LP announced that they are set to push the company's operations through a US$2 billion investment.
E2open inks the US$34 million deal for the acquisition of icon-scm. E2open announced that they have acquired icon-scm in a transaction that was valued at US$34 million.
AWE Ltd are looking into possible potential partners for their Ande Ande Lumut development project. AWE Ltd announced that they are expecting bids from potential partners for the Ande Ande Lumut development project located in Indonesia.
Private equity firm, Blackstone Group announced that they are planning to acquire seven properties from GE Capital Real Estate worth AUD290 million.
America Homes 4 Rent have set prices for their impending public offering. American Homes 4 Rent said that they are targeting prices between US$16 to US$18 per share for the company's initial public offering.
Regent Recruitment revealed that they have received an undisclosed sum from The North West Fund for Venture Capital for their expansion plans.
Sources said EIV Capital Management Company had now raised US$65 million for its new energy investment fund.
