Smartphone app developer Shazam received US$40 million worth of investment from billionaire Carlos Slim.
Deals
Daiwa Seeks To Raise US$1.4 Billion Through Share Sales
Daiwa House Industry aims to raise US$1.4 billion through share issuance Daiwa House Industry, Japan's biggest home builder, aims to raise US$1. 4 billion in share issuance to finance a real estate development push which will help power the property sector.
Perry Capital sues U.S. government over Fannie Mae Crisis
The U.S. Treasury is being sued by Perry Capital LLC over its handling of Fannie Mae and Freddie Mac.
Houston's Bronstein and Howard Form BHW
Real estate investment firm experts Martin Bronstein and Raplh Howard form new company BHW Former founders of Houston based Situs, Martin Bronstein and Ralph Howard announced the formation of BHW, a commercial real estate investment firm.
Mobileye Raises US$1.5 Billion From Investors
Mobileye announced raised US$1.5 billion worth of funds from 5 investors. Mobileye announced that they were able to raise funds from five investors worth US$1.
Latest News
Vivendi explored other options to get cash from its Activision Blizzard arm after failed sale of a part of its 61% stake in the US video games business.
Mobileye NV said on Sunday that it had raise money from five investors valuing its equity to US$1.5 billion.
Wal-Mart’s expansion to India was stalled after stating that the company needs around 12 to 18 months before it can open its first retail outlet in the country.
BP PLC and Royal Dutch Shell opted to hold funds for four current investments Royal Dutch Shell and BP PLC halted funds for four separate investments, executives at BP and Royal Dutch Shell said in interviews.
DVK Group partners with a Qatari royal to establish a Shariah compliant investment fund for women business leaders.
Gulf Marine Services receives loan facility worth UAE1.32 billion or US$360 million. On Sunday, the Abu Dhabi Islamic Bank had closed a syndicated Islamic loan facility valued at UAE1.
Thaksin Shinawatra, the former Thai PM, would purchase the Bakrie family interest in Bumi Plc. Thaksin Shinawatra, the former Thailand prime minister, has been in discussion to purchase the 23.
Reliance Communications would be listing its real estate business into a separate unit. The Reliance Communication of India has announced it would be spinning off its real estate business to a separate unit.
ProSiebenSat.1 owners, namely KKR and Permira, are seeking to either sell off shares or sell the whole firm to another media outfit.
