Infinity Group, a private equity firm based in China, announced its investment of $4.2 million in Israel-based biotechnology firm BotanoCap, a developer of green solutions for various industries.
Investors
French medical tech firm Carmat stock soars after successful first artificial heart implant
Carmat, a French medical technology firm, saw its stocks rise 43% after it implanted the first artificial heart in a patient last week, Bloomberg reported.
Qatar sovereign wealth fund in talks to invest $200M in Indian residential property
Qatar Investment Authority, the sovereign wealth fund of the gas-rich, Middle Eastern country, is in talks with Mumbai-based Kotak Realty Fund to invest $200 million in a residential property in India.
Quiet years leave European lenders with less experienced investment bankers- report
During the financial crisis when the deal markets were quiet, banks parted ways with their senior investment bankers. Now that business has slowly revived, lenders are seeing that they are left with junior bankers that are a little wet behind the ears.
Monte Paschi's top shareholder nears deal to sell its 20pct stake as shareholder meeting looms
Fondazione Monte dei Paschi, Banca Monte dei Paschi di Siena's top shareholder, is reportedly nearing a deal to divest its 20% stake in the Italian bank to three other banking foundations and a group of investment funds.
Latest News
Trucking firm YRC Worldwide, which has roughly $1.4 billion in debt, is nearing a financing deal comprised of $250 million in equity and $25 million in debt committed to become equity.
Time Warner Cable's 462% total returns may help convince its shareholders to reject Charter Communications' $62 billion offer or to not press for a sale. Time Warner Cable is seeking a takeover bid of $150 per share.
A group led by Singapore-based Perennial Real Estate Holdings will buy the TripleOne Somerset office and retail building for $766 million. Perennial will acquire the Singapore tower from Asia Real Estate Income Fund.
ARA Asset Management Ltd, an Asian real estate fund management firm, said it had agreed to buy Macquarie Real Estate Korea Ltd, the Korean unit of Macquarie Group Ltd.
Shares of Hyundai Merchant Marine jumped the most among shares of Hyundai Group companies following the conglomerate's announcement that it will sell assets to raise $3.1 billion to repay bonds due in two years.
Activist investor Starboard Value has acquired a 5.6% stake in Darden Restaurants for $374 million. Starboard will become the second activist investor within months to push for a strategy change in the struggling restaurant operator.
Roshan Padamadan, a former HSBC Holdings Plc product specialist, has started a hedge fund that will seek for opportunities in global liquid securities, Bloomberg reported.
A Dutch arbitration court on Friday ordered American luxury jewelry retailer Tiffany & Co. to pay Swiss watchmaker Swatch Group $449 million in damages over their failed 20-year joint venture.
There are no sellers even as Scandinavian phone companies believe that mergers would benefit not only the region but corporate earnings as wel.
