The UK homebuilder enters into a joint venture with a charitable institution worth US $616 million. UK's Berkeley Group Holdings Plc agreed to enter into a joint venture with Wellcome Trust Ltd.
Investors
Malaysian energy and water firm Ranhill cancels IPO, to return funds collected from investors
Malaysia's Ranhill Energy and Resources is set to return the US $234 million funds it was able to raise following the IPO's cancellation.
Catbird secures another US $10 mln funding from Medina
IT company Catbird gets additional US $10 million investment from Medina Capital. Catbird, an IT company that develops security solutions software for cloud data centers, said it closed another US $10 million in investment from Medina Capital.
Tyco Buys CID's Exacq Technologies for undisclosed amount
Tyco International Inc. has acquired Exacq Technologies Inc., a portfolio firm of CID Capital Venture Partners.
Proposed SEC rule detrimental to startups, says entrepreneurs and small business advocates
Entrepreneurs said that the proposed SEC rule requiring private placement issuers to file solicitation materials with the SEC will result to startups raising less capital.
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Areva SA and Namibia Water are in the final leg of arrangements for their water sale distribution agreement.
Luminous Water Technologies Pvt. acquires US$9.3 million worth of funding from CLSA Capital Partners.
Qinhuangdao Port Co. said that they are planning to raise US$800 million through an initial public offering.
China's sovereign wealth fund, CIC, is reported to be in talks with Alibaba Group. The People's Daily, China's official newspaper, reported that China Investment Corp.
Development Bank of Kazakhstan announced plans to raise US$1 billion by selling off bad loans. The Development Bank of Kazakhstan JSC announced that they plan to sell KZT151 billion or US$1 billion worth of bad loans to the Investment Fund of Kazakhstan.
Carmike Cinemas, Inc. released the details of the pricing for their previously announced initial public offering.
Mark Price, the Managing Director of Waitrose, has been appointed as Deputy Chairman of John Lewis Partnership.
British television network ITV has bought Big Talk Productions for an estimated GBP 12.5 million. In a deal estimated to be worth GBP 12. 5 million, British TV network ITV PLC has bought Big Talk Productions and its associated companies.
Fortune's Philip Elmer-DeWitt said that Apple spent US$16 billion to buy 36 million of its own shares.
