It may seem that Microsoft has lost its “touch” as its Surface RT brought the company woes. Microsoft was in a dire straits recently. The company had a pretty rough week.
Deals
Beijing Restaurant accepts lease buy out, CVS moves building of Duluth site next year
With the Beijing Restaurant accepting a lease buy out, building of CVS Pharmacy in Duluth site has been moved next year.
Coub raises US$1 million from venture capitalist
Coub announced that it had received support from local venture capitalists, raising US$1 million. Coub has raised a capital of US$1 million from local venture capitalists Phenomen Ventures and Brothers Ventures.
Cerberus acquires two german real estate portfolios
Cerberus Capital Management revealed that it had acquired two portfolios of German real estate properties with a combined total land area of more than 350,000 square meters.
Mark Creasy dispatches part of his mining assets to Windward
Mark Creasy sold a portion of his early-stage mining assets to Windward. Mark Creasy, an Anglo-Australian millionaire worth US$764 million, was selling to Windward Resources his early-stage mining assets.
Latest News
Ramky Enviro Engineers acquired Enviropacific, the first of targeted acquisitions in Australia. Ramky Enviro Engineers Ltd. acquired Australia's Enviropacific Services Pty Ltd.
Segro announced that it has sold its Neckermann and IQ Winnersh properties in Germany and the UK to various investors.
Asia's richest man, Li Ka-shing made several investments in Europe which are now starting to pay off.
Health IT sector recorded US$623 million in investments made towards the sector in the second quarter of 2013.
Nan Fung planned buy a stake in Forterra Trust to increase its market share. Nan Fung planned to acquire abount 30% stake in Forterra Trust. The Hong Kong property developer will pay SGD$226.
Ajay Piramal Group announced that India Venture Advisors is launching a INR1,000 crore fund that targets early-stage healthcare companies.
Sifca Group announced that it is pushing forward a plan that will see US$420 million invested into West Africa.
Sources stated that Extended Stay Hotels is preparing for an IPO later this year. Sources stated that Extended Stay Hotels is preparing to sell stakes in the company to the public.
Alcresta announced that it had raised US$10 million to accelerate production and commercialization of its drug that helps cancer patients.
