OAO MegaFon issues dividend to shareholders. The second largest Russian mobile operator in terms of revenue, OAO MegaFon, has surpassed its larger competitor OAO Mobile Telesystems in terms of market value after it had pledged to pay out US$1.
Deals
Vodafone Partners with Deutsche Telekom for Expanded Services
Vodafone partners with Deutsche Telekom for expanded services for the German market. In a new development, Vodafone would now be able to offer over broadband pay-TV to its German subscribers with the new accord signed with Deutsche Telekom AG.
Rothschild's Five Arrows Concludes First Round
Five Arrows Credit Solutions of Rothschild has concluded its first closure. In an announcement, Rothschild disclosed that its merchant banking arm, Five Arrows Credit Solutions, has concluded its primary closing with the estimated commitment of EUR235 million or US$302.
EE owners France Telecom and Deutsche Telekom to do IPOs
EE joint owners France Telecom and Deutsche Telekom to undertake IPOs of shares. In an announcement, Deutsche Telekom AG said it has valued its joint venture with France Telecom, EE, at GBP10 billion or US$15.
Apple Losing its Luster with Hedge Funds
Apple Inc has been dumped by many investment fund management firms. Apple Inc, once the apple of the eye of many hedge funds has recently been dropped by some named hedge fund managers in the first quarter of 2013.
Latest News
Bilfinger SE set to purchase Siemens water business. The second largest construction company in Germany, Bilfinger SE, is now contemplating a bid for the water technologies business being offered for sale by Siemens AG.
Enlightenment Capital invests in Opera Solutions for an undisclosed amount. The Washington, DC -based defense, aerospace and government-focused investment firm, Enlightenment Capital, has invested in the world renowned in machine learning science application and superior Big Data predictive analytics that impels greater profit, Opera Solutions, LLC.
Atlantis Computing secures US$20 million in series D capital financing. Last 15th of May, 2013, Atlantis Computing announced the conclusion of its Series D financial infusion round securing US$20 million.
Tokai Pharma receives US$35.5 series E capital financing round. Tokai Pharmaceuticals, Inc announced today that it was able to secure US$35. 5 million in a round of Series E growth financing in order to persuade investors to support Tokai's lead prostate cancer pharmaceutical product currently in medical development.
Bayside Capital and LBO France invest in Consolis. In an announcement today by Bayside Capital, it disclosed that a venture fund administered by Bayside had concluded a venture in Consolis, a renowned European producer of assembled concrete products.
Larsen and Toubro, following the lead of the Singh government, is selling inflation pegged bonds to the market.
Zoove Corp secures another US$15 million from current investor pool. Zoove Corporation disclosed in an announcement that it was able to get a calculated investment of US$15 million from its current Series D investors Panorama Capital and Rogers Venture Partners.
A near unanimous vote of Cipla Medpro shareholders approved the tender offer by Cipla Ltd. Cipla Medpro of South Africa shareholders voted for the approval of US$488 million takeover bid from Cipla Ltd of India.
View Systems gets approval from known security expert Dr. Leo A. Guthart. View Systems, Inc. announced today that Dr. Leo A. Guthart has directly invested into View Systems.
