A team-up of The Canada Pension Plan Investment Board (CPPIB) and Dexus Property had placed a AUD2.7 billion buyout bid for Commonwealth Property Office Fund (CPA), the office trust of the Commonwealth Bank of Australia
Funding
Seed funding raised for Newsela
Newsela received seed funding from New Schools Venture Fund and Kapor Capital worth USD1.2 million. Newsela is an online platform which helps students master reading and critical thinking.
Google agrees to back Silver Ridge Power with USD 103 million investment
Technology giant would be making a USD 103 million investment in Silver Ridge Power's Mount Signal Solar project.
Otsuka Pharmaceutical completes acquisition of Astex Pharmaceuticals
Otsuka Pharmaceutical announced today the completed acquisition of Astex Pharmaceuticals in a deal valued around USD900 million.
GAIL India to partially divest shares in China Gas
GAIL India agrees to sell off shares through block sales in China Gas Holdings. GAIL, the state-run gas company, had offered to sell USD65 million worth of stocks in China Gas Holdings Ltd.
Latest News
According to a securities filing, BlackBerry Ltd co-founders Mike Lazaridis and Douglas Fregin were said to have an interest in putting up an alternative bid for the smartphone maker.
Trevena, whose pharmaceutical products are on the clinical study stage, would conduct an IPO through prospectus dissemination.
The Energy Opportunity Fund LP is managed by Mitsubishi backed Alternative Investment Capital Ltd. Japan's largest trading firm and biggest importer of liquefied natural gas, Mitsubishi Corp, had laid out plans to lead the start up of its first energy focused private equity fund.
A share in CT REIT is worth CAD10 each and 26.35 million trust units were sold. The real estate investment trust of Canadian Tire Corp had raised CAD263.
Dobrolet means 'good flier' to help it navigate the competition in the cut throat budget airlines business.
Elliot Management is holding out for a higher valuation of its shareholdings in Kabel Deutschland in the takeover bid by Vodafone Group Plc.
For USD3.88 billion all share exchange transaction, Regency Energy acquires PVR Partners. Pipeline partnership Regency Energy Partners LP, which is controlled by Energy Transfer Equity LP, agreed to purchase PVR Partners LP for USD3.
The merger of ICE-NYSE Euronext would not be subject to EU objection, according to individuals with knowledge of the matter.
Oxea was purchased by Oman Oil Company from Advent International for EUR1.8 billion. An agreement was formalized between Oman Oil Co and Advent International for the purchase of Oxea.
