Investors in CSPC Pharmaceutical Group Inc have offered shares for sale in order to raise funds. The affiliates of Hony Capital Ltd have sought to raise USD260 million through the sale of shares in CSPC Pharmaceutical Group Ltd.
Funding
Achates Power closes Series C financing round with USD 35.2 million
Achates Power completed its Series C funding round with USD 35.2 million from existing investors which included Sequoia Capital Partners, RockPort Capital Partners, Madrone Capital Partners, InterWest Partners and Triangle Peak Partners.
Deyaar to invest in two new towers in Dubai's Business Bay District
In an interview with Bloomberg, Deyaar Properties CEO Said Al-Qatami confirms the investment in buildings located in Dubai.
Etihad increases stake in Virgin Australia
Abu Dhabi based airline Etihad purchased Virgin Australia shares on the Australian bourse as a means to increase its shareholdings in the Australian airline.
Level receives USD 5 million in Series A funds from various investors
Mobile financial solutions provider Level initially closed its Series A funding round with USD 5 million.
Latest News
Regency Energy Partners LP would be acquiring PVR Partners LP in a USD3.88 billion stock and cash deal to expand to the natural gas market.
Crestwood Midstream Partners bought Arrow Midstream Holdings for USD 750 million to expand its pipeline business in the North Dakota.
Chief executive Fabrizio Viola of Banca Monte dei Paschi di Siena SpA had told reporters on Thursday that the bank would be increasing its capital via shareholder options.
Former Vinik Asset Management colleague opens Kopernik Global Investors through seed capital from former boss Jeffrey Vinik.
The Tourism Development & Investment Co was reportedly talking with various banks for a USD 1 billion loan facility to replace its existing debt, according to bankers interviewed by Bloomberg.
Masdar Energy UK was granted a GBP 266 million loan from various lenders to fund its share of the cost of developing the largest wind farm in the world.
Synaptics Inc recently acquired Validity Sensors, Inc for USD255 million to obtain access to a profitable biometrics market.
Jet Airways and Etihad Airlines literally went through the proverbial eye of the needle, through the eye of the storm and weathered a broken camel's back to finalize its deal.
Men's Wearhouse snubbed the USD 2.3 billion takeover offer from Jos. A. Bank just two hours after it was made publicly.
