Former Blackstone Group unit Stonepeak Infrastructure Partners raised an oversubscribed fund totalling USD1.65 billion.
Funding
Woodford's USD51 billion fund seen as savior by UK biotech startups
Biotech startups in the UK got a much-needed capital boost, thanks to Invesco Fund Managers Ltd's USD51 billion purse.
AT&T faces resistance from own investors on European acquisitions
Some investors of AT&T Inc were wary about the US telecom company's plans to acquire European carriers.
Lionbridge Technologies Inc acquires E5 Systems
For the price of USD1.6 million, Lionbridge Technologies gains a foothold in the Chinese market as well as expand its revenue clientele through the acquisition of E5 Systems.
Apax Partners acquires Rhiag
Rhiag had entered into definitive agreements for its acquisition by Apax Partners through its Apax Fund.
Latest News
The late release of government subsidy for the IFC backed Simran Wind Project Pvt forces it to shelve expansion plans.
The Southwark Borough Council of London approved the proposed real estate development plan proposed by the Carlyle Group on the southern bank of the Thames River.
About GBP40 million was invested into Oxford Nanopore Technologies by new and old investors for the expansion of sales and manufacturing capacity of the company.
Meetup had acquired its first company, tech startup Dispatch, for an undisclosed amount. Offline group meeting facilitator platform Meetup had made its first acquisition.
In an oversubscribed funding round, Stonepeak Infrastructure Partners raised USD 1.65 billion in capital commitments for its first fund.
Splice was able to raise USD 2.75 million in seed capital from its latest funding round. Splice announced the close of its seed funding round with USD 2.
Shares of SFX Entertainment Inc dropped 2.6% in early trading post-IPO. Music festival producer SFX Entertainment Inc saw its share price dropped in early trading just after raising USD260 million in its public listing.
In a bid worth AUD1.5 billion, Westpac stands to acquire the asset finance and commercial lending units of Lloyds Banking Group in Australia.
A total of USD24 million in investments was received by Website translation software startup Smartling in a recent founding round led by Tenaya Capital.
