WineDirect and Vintank would merge to increase revenues through social media and commerce. Vin65, a firm of WineDirect, and Vintank formed an exclusive alliance to connect the social media data of wine industry with the ecommerce records of their clients.
Deals
Tadhamon Capital to acquire two assets in the UK
Tadhamon Capital arranged plans of acquiring two assets in the UK. Tadhamon Capital announced that it has arranged for the acquisition of two assets in the United Kingdom.
UMW Holdings IPO to be the biggest in Malaysia this year
UMW Holdings announced the minimum price per share as it prepares for their market debut before the year ends.
PTT cuts 2013 investment budget
PTT Pcl announced that it is cutting their 2013 investment budget PTT Pcl announced that it is cutting their 2013 investment budget by 46% to 54. 6 billion baht or US$1.
Shangri-la teams up with HHtravel and Private Jet Journeys for new luxury program
Shangri-La Hotels and Resorts teams up with HHtravel and Private Jet Journeys for the launching of the "Shangri-La Private Jet Journey" program.
Latest News
Palatine secures GBP 150 million funding after the close of its second fund. Manchester-based Palatine Private Equity secured funding amounting to GBP 150 million, 55% of which were commitments from overseas investors at the close of its second fund.
According to Bain Capital, India's slowing down resulted in lack of investment opportunities. "India is slowing down," says Nikhil Raghavan, a principal at Bain Capital LLC.
Fitch affirmed Bahrain's credit ratings. The credit rating firm Fitch Ratings has affirmed Bahrain's credit ratings. These ratings were 'BBB' for its long-term foreign currency Issuer Default Rating (IDR) and 'BBB+' local currency IDR.
PSEi joined regional rally. The Philippine Stock Exchange index has joined the regional rally. The benchmark index closed at 6,360. 73, a rise of 52. 55 points or 0.
Bank of Japan was optimistic about the country's economic recovery. The Bank of Japan (BOJ) was more optimistic when describing the country's economic condition.
Mission Federal Credit Union's Credit Union Service Organization (CUSO) announced acquisition of Autoland Inc, a national car buying service provider.
Oryx Petroleum stated it wanted its Kurdistan operations expanded. Canada's youngest publicly traded oil venture company, Oryx Petroleum Corp. , is examining whether or not a property near its main Kurdistan development has identical natural reserves.
Monitronics International signed today a definitive agreement for the acquisition of Security Networks LLC priced at US$487.5 million in cash and newly issued shares amounting to US$20 million.
MiX Telematics announced its IPO plans and wants to hit big. MiX Telematics aims to hit big in its market debut amid a hospitable atmosphere among cloud tech venture companies.
