A little over a month ago, a Texas power utility at the centre of the biggest leveraged buyout in history filed for bankruptcy, sunk by billions of dollars of debt that it took on after being acquired by a trio of top private equity names in 2007.
Investors
Retirees: Have you checked bank CD rates lately?
Getting low-risk yield has been one of the toughest challenges for retirees ever since the financial meltdown of 2008-2009. Interest rates are near zero, and many retirees are nervous about bonds out of fear that rates might jump.
Top Alibaba executives, investors may expand board after IPO: filing
A group of 27 top executives and investors in Alibaba Group Holding Ltd, including co-founder Jack Ma, can appoint another two directors to the company's board once it goes public, according to a U.S. regulatory filing on Friday.
Fiber network company Zayo Group files for IPO
Fiber network company Zayo Group Holdings Inc filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering with Barclays and Goldman Sachs as lead underwriters.
Now Fully Financed, Okyanos Is Poised To Start Mending Broken Hearts
Following its $8.9 million Series B capital raise in March, Okyanos Heart Institute is rapidly approaching the day when it will be able to treat the first heart patient using autologous adipose derived regenerative cells (ADRCs) in the Bahamas. Adipose, or fat, is the richest source of regenerative cells in the body and the term "autologous" simply means that the cells are derived from the same patient undergoing the cell therapy treatment.
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SoftBank Corp's venture capital arm is close to securing an investment in enterprise mobile company Kony Inc, and could announce a deal as soon as Tuesday, people close to the matter said.
Moody's: EMEA high-yield market remains set for another record year, as private equity IPOs continue
With high-yield bond issuance of USD13.8 billion in May, and cumulative issuance reaching USD70 billion, 2014 looks well placed to set another issuance record according to Moody's
NEW YORK, NY and BOULDER, CO - DH Capital, LLC, an investment banking firm serving companies in the Internet infrastructure, communications and SaaS sectors, is pleased to announce that it served as financial advisor to Infrascale, a leader in cloud-based data protection solutions, in its recently closed $16.3 million Series B round of funding, led by new investor Carrick Capital Partners.
State-owned China Mobile Ltd is poised to buy an 18 percent stake in Thai telecoms group True Corp valued at around $581 million, people familiar with the matter said, in Thailand's first major corporate deal since a coup last month.
Amazon and Best Buy have appeared to leak a PS4 and PS Vita bundle complete with pricing, ahead of its scheduled big announcement in the upcoming Electronic Entertainment Expo (E3 2014).
In a speedy deal hatched over a few drinks, China's biggest e-commerce company Alibaba is buying half of the country's most successful soccer club Guangzhou Evergrande for $192 million.
Twitter Inc said Wednesday it will acquire Namo Media, a technology firm specializing in "native advertising" for mobile devices.
Microblogging platform Twitter Inc has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter.
Hiring startup Gild has raised cash to help it tackle one of the U.S. technology sector's highest-profile challenges: the lack of diversity among its workers.
