Circle Internet Financial's USD9 million Series A investment would be the biggest funding received by a digital currency startup.
Funding
Two Brazilian banks reducing risk with Grupo EBX developments
The collateral provided by Batista and Grupo EBX have helped reduce the bank exposure risk for Banco Santander Brasil and Itau Banco.
Warburg Pincus exits from its waste management investments in Australia
Warburg Pincus sells off its shares in Transapacific Industries Group. Warburg Pincus, the private equity firm, is selling off its shareholdings in the Australian waste management company Transpacific Industries Group.
Dell Inc pays out executive shares above conversion value
Dell Inc had paid out executives for its shares not rolled over into the newly privatized Dell. The directors and top executives of Dell Inc. had received a total of USD59.
IDB invests in Saudi Arabian cheese industry
The IDB investment in Saudi Arabia's cheese industry includes the acquisition of shareholdings and the construction of a cheese factory.
Latest News
Multicategory retailer Nomorerack's Series B investment round was led by Oak Investment Partners and HTV Industries.
Fonterra purchased 6% shareholdings in Bega, which in turn upped the ante for its own bid for Warrnambool Cheese and Butter.
A USD1 billion syndicated loan was formalized by Banco do Brasil with five international lending institutions.
Twitter IPO volume expected to be fully taken because of increased interest from investors. According to people with knowledge of the matter, Twitter had already attracted more than enough demand to sell all of the IPO shares it can offer.
Container Store Group Inc had planned to raise USD225 million during its IPO. Storage and organization products retailer Container Store Group Inc had laid out plans to sell USD225 million worth of shares in its US IPO.
BicBanco's 72% would be acquired by China Construction Bank Corp for BRL1.62 billion. China's second largest financial institution in terms of assets, China Construction Bank Corp, had entered into an agreement to pay BRL1.
Pumpmaker ITT is expanding both on the shareholder value side and on the operations side as demand for pumps had increased by half in the third quarter alone.
Without government backing, Citigroup is now offering mortgage backed securities backed by prime jumbo mortgages mortgages from private sources.
Denmark's Waoo!, Sweden's Com Hem and the UK's Virgin Media are the latest additions to the Netflix galaxy of streaming partners.
