The Chief Executive Officer (CEO) of Colorado, US-based plastic clogs maker Crocs Inc is set to retire, and Blackstone Group LP will acquire a $200-million convertible preferred stock in the struggling shoemaker.
Funding
Silicon Valley Bank sets eyes on China funds
Through a joint venture formed with Shanghai Pudong Development Bank Co formed in 2012, US-based Silicon Valley Bank looks to meet the demand of investors for China funds.
New York's Integral Ad Science secures $30M in Series D round
New York, US-based media valuation platform Integral Ad Science has raised $30 million in a Series D funding round led by August Capital, according to a disclosed regulatory filing.
Delmarva Bancshares secures $11M in private placement
Delmarva Bancshares Inc, the bank holding firm for the National Bank of Cambridge, was able to raise $11 million in a private placement participated in by a group which included Castle Creek Capital.
EnerCap-backed Geo Renewables raises $55.4 million in debt to fund Polish wind farms
Geo Renewables SA, backed by private equity fund EnerCap Power Fund I LP, said it was granted $55.4 million in debt by Polish lender Bank Ochrony Srodowishka SA. The said fund will be used to finance part of the construction costs of two Polish wind farms.
Latest News
Perth, Australia-based mining firm Mirabela Nickel Ltd secured a $45-million (A$50.7-million) loan from its note holders in an interim financing deal as the Rothschild Capital Funds looks for investors for the troubled miner.
The Old Ghost Road cycle trail, which is developed by Mokihinui-Lyell Backcountry Trust, received $800,000 from the Department of Conservation of New Zealand to complete the project.
A regulatory filing showed that Ozy Media, a daily digital news startup co-founded by Carlos Watson and launched in September, raised $5.3 million, the San Francisco Business Times reported.
California, US-based business applications vendor Tidemark has raised more than $1 million in a new funding round, according to a filing submitted to the US regulators.
New Jersey, US-based private equity firm DFW Capital Partners has closed $162.5 million for its fourth fund called DFW Capital Partners IV, shooting past its $150 million target.
Textron Inc Chairman and Chief Executive Officer Scott Donnelly disclosed to analysts and investors in a teleconference today that it will be financing its acquisition of Beech Holdings LLC via debt.
The News Lens founder and chief executive Joey Chung said the new angel funding and the inclusion of media veterans Marcus Brauchli and Sasa Vucinic into the company fold will help the startup solidify its reputation as a trusted news source in Taiwan.
Li Ka-shing, the richest man in Asia, has just invested an undisclosed amount in BitPay, a US-based startup that provides services similar to a PayPal for bitcoins.
Intel Capital, US-based Intel Corp's corporate venturing division, announced that it is investing in Taiwan-based digital image solution provider SanJet Technology to support the development of next generation wearable and car applications.
