Instart Logic raises new funding for its expansion plans. In an announcement by Instart Logic, it was disclosed that the company was able to secure US$17 million financial infusion coming from its Series B fundraising round.
Deals
Colombia's largest cement manufacturer to offer preferred shares to the public
Argos, the biggest cement manufacturer in Colombia, is offering 250 million preferred shares in a two stage sale to raise funds for its expansion plans.
Bord Gais Announces Sale
Bord Gais announces sale of Bord Gais Energy to the 'usual names'. Irish utility firm Bord Gais is in the process of concluding the sale of its retail unit in 2013.
Russia Focused Investment Fund Purchases Majority Stake in VKontakte
UCP purchases VKontakte majority shareholdings from founding stockholders. United Capital Partners, the Russia focused investment fund, has purchased 48% of shareholdings of VKontakte, the top social network in Russia.
Owners of Riddell Brand Selling Assets
Fenway Partners, the owners of the Riddell helmets brand and others, is now in the process of selling off its assets.
Latest News
Carlyle and Palamon acquires DBG Ltd from Synova Capital. Global asset manager The Carlyle Group in conjunction with Palamon Capital Partners have announced the acquisition of DBG Limited from Synova Capital.
China's Longyuan Power Group would not be competing with Thai Egco PCL for the Boco Rock Wind Farm project in New South Wales, Australia.
Celltrion founder Seo Jung-jin is divesting his shareholdings because of speculative short selling. Last Wednesday, Celltrion Inc has named JP Morgan as advisor to assist the firm remove its linkages from its founder, Seo Jung-jin.
Despite assurances by the Egyptian PM, there is still no approval as to the EFG-QInvest merger. The Middle East's largest investment bank, EFG-Hermes has been awaiting notice from Egypt's financial regulator for the approval of its merger with QInvest of Qatar.
Zeder Investments is purchasing Capespan Group shares from Total Produce. A private investor in agricultural companies has announced that it would be purchasing in Capespan Group Ltd, South Africa's biggest fruit export company.
The ISAM Fund SICAV-SIF was established by arc AM and RVC InfraFund for the purpose of investing in companies that have potential for international growth.
Meilleurtaux.com sale has been completed to Equistone Partners. BPCE announced today the completion of sale of its hundred percent shareholdings in Meilleurtaux.
Eli Lilly, in its bid to remain at the forefront of Alzheimer's diagnostics, purchases Siemen's imaging agents.
Liberty Global seeking to purchase Kabel Deutschland to prevent Vodafone's bid for the cable operator.
