Wells Fargo revealed that it is exiting its mortgage joint ventures in accordance to new regulations.
Deals
Star Bulk Carriers collects US$80 million in its equity rights offering
Star Bulk Carriers stated that it had raised more than US$80 million mostly from its existing investors.
Actis to sell stake in Indian dairy farm
Sources revealed that Actis is looking to offload its stake in Nilgiri Dairy Farm for around US$110 million.
India's XCode raises INR1 crore from American venture fund
XCode announced that it had landed on a INR1 crore investment from Shead Holdings. XCode Life Sciences revealed that Shead Holdings had invested INR1 crore in the Chennai-based biotechnology start-up.
VeloCity Venture Fund awards US$100,000 across four venture firms
University of Waterloo's VeloCity Venture Fund had awarded US$100,000 in funding across four venture firms.
Latest News
WP Carey announced that they are set to acquire Corporate Property Associates 16-Global Inc. W. P Carey Inc. said that they have agreed to acquire one of the companies that they manage as part of the expansion of its property holdings.
The Islamic Corporation for the Development of the Private Sector and Kolon Group from South Korea has signed an agreement to invest in a pharmaceutical plant in Côte d'Ivoire.
Media leader, CBS Corp, said that they are set to buyback US$5.1 billion worth of shares CBS Corp announced that that its board of directors approved the repurchase of US$5.
KKR & Co. and TPG may have to rely on US$1.48 billion junior bonds to offset failing TXU investment.
XL Group and Stone Point Capital joins forces and resources for new investment management unit. XL Group and Stone Point Capital LLC announced the finalization of their new Bermuda-based investment management company for insurance-linked securities and other reinsurance capital market products on Thursday.
Catbird and Medina Capital announced that the private equity firm had invested US$10 million into the Catbird.
Bencis Capital Partners revealed that it is buying Punch Graphics' majority stake in Xeikon for about EUR110.3 million
Librato concludes Series A funding round with US$3.8 million. San Francisco-based Librato, which provides cloud-based monitoring services for operations and development units, reported a US$3.
Alco Store and Argonne Capital Group revealed that the private equity firm have offered to acquire the retail chain company for US$47 million.
