Texas-based private equity firm TPG Capital was able to get the approval of its investors for a time extension to invest their money.
Investors
FitBionic scores USD 2.2 million in funding
Colorado-based FitBionic raised USD 2.2 million to support the global launch of its first product. Colorado-based FitBionic raised USD 2. 2 million in support of the global launch of its first product.
Honda invests USD 440.55 million for new Brazil car plant
Honda Motor Co announced its plans to build a new car plant in Brazil. Honda Motor Co announced its plans to build a car plant in Brazil. The investment will cost the Japanese car manufacturer USD 440.
China Railway Corporation boosts annual investment to CNY 660 billion
State-owned China Railway Corporation announced that it will boost its investment in fixed assets this year to CNY 660 billion.
Chong Hing Bank receives M&A offer: sources
Sources told Reuters that Hong Kong-based Chong Hing Bank Ltd has received a potential merger and acquisition offer from a firm controlled by the Guangzhou city government.
Latest News
GlaxoSmithKline (GSK), the biggest pharmaceutical firm in Britain, launched a USD 50 million venture capital fund for bioelectronic medicines and technologies.
BMC cut its leveraged buyout loans from US$4.2 billion to US$3.5 billion and boosted sale of bonds from US$1.38 billion to US$1.63 billion.
BMC Software Inc raised US$1.63 billion of dollar denominated debt after boosting the offering by 18%.
Russia-based telecommunications operator MegaFon announced that it would be acquiring Scartel, the only 4G provider in the country for USD 1.2 billion.
New York Times Co Chairman Arthur Sulzberger Jr announced they won't be selling the New York Times.
Oprah Winfrey recently wrapped up a movie with Forest Whitaker entitled "Lee Daniels' The Butler".
In an interview on "The Tonight Show with Jay Leno", President Obama confirmed the presence of a significant al Qaeda threat.
Washington Post Co.’s future relied on Kaplan Inc.'s for-profit colleges. On the night of August 5, Kaplan Inc. 's chief executive officer, Andrew Rosen, sent a memo to the company's workers regarding its parent corporation's, Washington Post Co.
Tameka Foster, estranged wife of R&B star Usher sought for sole custody of Usher Raymond V after a drowning incident in the music star's home in Atlanta.
