Deals

Siemens to close Solel, its solar energy unit after failing to sell off the business. (Photo : Reuters)The image is the corporate logo of Siemens. Siemens, the German industrial conglomerate, has announced the shutdown the last unit of its solar energy business after it had failed to find a purchaser for the business.

In a bid to uplift consumer confidence, Beijing's Central Huijin Investment Co had invested in banks in the form of share purchases.

Tunisia received loan facility from IMF to boost capitalization of local banks. (Photo : Reuters)The image is the corporate logo of the International Monetary Fund.

Etihad Airways has forged an agreement with JAT Airways of Serbia. (Photo : Reuters)The image is the corporate logo of Etihad Airways. Etihad Airways of the United Arab Emirates has entered into an preliminary agreement with the government of Serbia as to a possible equity investment by the Gulf region airway in the country's JAT Airways.

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Formerly i2A Fund II, Chicago Ventures recently announced its close on a $40 million Series A fundraiser.

Piper Jaffray finalized its deal to buy M&A firm Edgeview Partners. Asset management bank and investment firm Piper Jaffray Companies announced on Monday that it has finalized the deal to acquire Edgeview Partners, LP.

Li Ka Shing's firms buys out European owner for Dutch waste management firm. Cheung Kong Holdings Ltd, owned by billionaire Li Ka Shing, and their partners have forged an agreement to purchase Afvalverwerking BV for Eur943.

Fullscreen announced its successful Series A funding. Fullscreen, a next-gen media company, said on Monday that The Chernin Group, Comcast Ventures, and WPP all contributed to its Series A-funding.

ForSight VISION5 recently announced John F. Maroney as its new CEO and President, alongside its recent acquisition of $9.3 million in Series B-1 funding.

Surgery tool developer Minimally Invasive Devices acquired additional $2 million in funding. (Photo : Reuters)This is an image of surgical procedure which produces scars that Scaraway heals.

Eutelsat Communications SA and KKR & Co are the first to place their bids for Singapore Telecommunications' Australian arm.

Cinven will buy specialty chemicals firm CeramTec for EUR1.49 billion. Cinven nears another acquisition after Rockwood Holdings, an advanced materials and specialty chemicals company intends to sell CeramTec, its ceramics subsidiary.

A spokesman said that AT&T have not made any formal proposal to acquire Telefonica, disproving recent reports on the alleged deal.

UAE investment company Waha Capital bought Anglo Arabian Heathcare to expant its portfolio, now including assets in the healthcare sector.