UBS AG is bolstering the annual bonus payments it provides to its investment bankers in Asia by about 10%, according to sources interviewed by Bloomberg.
Investors
America Movil hikes stake in Telekom Austria to 26.8pct
Mexican tycoon Carlos Slim has decided to hike America Movil's stake in Telekom Austria to 26.8% by consolidating his company and family holdings in the Austrian telecom firm.
Private equity-backed RSP Permian Inc raise $390M in IPO
RSP Permian Inc, a private equity-backed shale oil and gas exploration firm, was able to raise $390 million in its initial public offering after selling shares near the low end of its price range, Bloomberg reported.
US games chain Chuck E. Cheese's board approves $950M leveraged buyout deal
The board of Texas, US-based games and restaurant chain Chuck E. Cheese's approved its acquisition by an affiliate of investor Apollo Global Management in a $950-million leveraged buyout deal.
Tyco International Ltd narrows list of potential private equity acquirers for Caps Co- sources
Tyco International Ltd has shortlisted the list of private equity firms interested in acquiring the industrial conglomerate's South Korean unit, according to sources interviewed by The Wall Street Journal.
Latest News
Mexico-based state oil company Pemex will shell out $475 million to acquire and revamp a Veracruz-based fertilizer production plant in a deal that would allow the firm to supply 75% of Mexico's demand for urea.
IBM will be investing $1.2 billion to bolster its $2 billion purchase of SoftLayer Technologies last year, a business which it is betting on for growth, Bloomberg reported.
Singapore-Malay asset manager and property investor Aquaint Capital is looking to raise fresh capital to acquire distressed property assets across Australia, according to sources familiar with the matter.
Will having Kentucky Senator Rand Paul and other adults on Snapchat make the service unpopular to teens and make it go the way of Facebook?
Rhode Island, US-based startup Teespring has raised $20 million in its first round of funding led by Andreessen Horowitz to sell custom and pre-ordered T-shirts for a cause.
As the New Year starts to roll, private equity firm Carlyle joins the other firms racing to make acquisitions with its $4.15 billion purchase of a Johnson&Johnson unit, the Financial Times reported.
Marlyand, US-based education startup Tales2Go bagged $750,000 in a seed funding round led by NewSchoolds Venture Fund and Maryland Venture Fund to improve students' listening fluency through a "Netflix-like" audiobook app.
A Kickstarter campaign allowed chip startup Adapteva to bridge the gap between its Series A and Series B rounds and prove its market, a Gigaom report said.
Colombia-based firm Grupo Energia de Bogota inked a deal valued at $650 million to acquire a 23.61% stake in Peru-based gas pipeline operator Transportadora de Gas del Peru.
