Dallas-based private equity firm Pharos Capital Group LLC added Shreveport-based behavioral health services provider Seaside Healthcare Inc for an undisclosed sum in a partnership with Pharos' founder.
Investors
OakTree's Brady says he is bearish on 2014
Ian Brady, chief investment officer of California-based firm Oak Tree Wealth Management Ltd, cautioned about taking risk in credit and property, saying performance in 2014 will be hard to come by.
Chinese glass firm Fuyao to invest $200M in GM's former plant in Ohio
China-based automotive glass supplier Fuyao Glass Industry Co will pour in a $200-million investment to build a manufacturing facility at the former assembly plant of General Motors (GM) in Ohio, US.
TPG in advanced talks to acquire US beauty brand e.l.f. Cosmetics -sources
California-based early stage investment platform TPG Growth is in advanced talks to acquire New York-based beauty company e.l.f. Cosmetics, according to three sources familiar with the matter.
Wilbur Ross-backed Talmer Bancorp files for $230M IPO in the US
Michigan, US-based Talmer Bancorp Inc, a company backed by billionaire Wilbur Ross, filed for an initial public offering (IPO) of common stock worth $230 million with the US Securities and Exchange Commission.
Latest News
Michigan, US-based multinational food manufacturing firm Kellogg Company is pouring in $130 million (MYR428.2 million) in a new manufacturing plant in Malaysia to expand in the Asia-Pacific region.
Shareholders of Chile-based firm CFR Pharmaceuticals gave a nod on Friday for a sweetened takeover offer for South African drug maker Adcock Ingram in a bid to woo the top shareholder of the South African firm.
Maryland, US-based healthcare firm WellDoc bagged $20 million from Windham Venture Partners and Merck Global Health Innovation Fund to market BlueStar, the first mobile therapy prescription for diabetes.
British biotechnology startup QuantuMDx turned to crowdfunding platform Indiegogo to raise funds for the development and commercialization of a hand-held device that can diagnose malaria rapidly.
Colorado, US-based cloud provider Peak (formerly PeakColo) raised $4 million in a new funding round from existing investors Sweetwater Capital and Meritage Funds, according to company press release.
Deutsche Bank has acquired the WestendDuo office tower in Frankfurt from CBRE Global Investors for about €240 million. The German lender also bought an office-development project in Paris, called In Situ, for around €104 million.
Joseph Dear, the Chief Investment Officer of Calpers, the largest public pension plan in the US, has taken a medical leave to continue his personal health treatments, Bloomberg reported.
Nomura Holdings Inc, through Nomura Asset Management, will be purchasing ING Securities Investment & Trust Co, the Taiwanese investment unit of Dutch company ING Groep NV, Bloomberg reported.
Gemany-based eHealth solutions provider CompuGroup Medical AG said it has inked an agreement to acquire France-based software maker Imagine Editions and Imagine Assistance for an undisclosed amount.
