Media leader, CBS Corp, said that they are set to buyback US$5.1 billion worth of shares CBS Corp announced that that its board of directors approved the repurchase of US$5.
Investors
India's XCode raises INR1 crore from American venture fund
XCode announced that it had landed on a INR1 crore investment from Shead Holdings. XCode Life Sciences revealed that Shead Holdings had invested INR1 crore in the Chennai-based biotechnology start-up.
VeloCity Venture Fund awards US$100,000 across four venture firms
University of Waterloo's VeloCity Venture Fund had awarded US$100,000 in funding across four venture firms.
Lewis and Roca to merge with 110-year-old Denver law firm
The planned merging of law firms Lewis and Roca LLP and Rothgerber could give Denver-based Rothgerber the stronger presence it needs.
Wells Fargo announces that it is exiting its joint venture brokerage units
Wells Fargo revealed that it is exiting its mortgage joint ventures in accordance to new regulations.
Latest News
KKR & Co. and TPG may have to rely on US$1.48 billion junior bonds to offset failing TXU investment.
XL Group and Stone Point Capital joins forces and resources for new investment management unit. XL Group and Stone Point Capital LLC announced the finalization of their new Bermuda-based investment management company for insurance-linked securities and other reinsurance capital market products on Thursday.
Catbird and Medina Capital announced that the private equity firm had invested US$10 million into the Catbird.
Bencis Capital Partners revealed that it is buying Punch Graphics' majority stake in Xeikon for about EUR110.3 million
Librato concludes Series A funding round with US$3.8 million. San Francisco-based Librato, which provides cloud-based monitoring services for operations and development units, reported a US$3.
Alco Store and Argonne Capital Group revealed that the private equity firm have offered to acquire the retail chain company for US$47 million.
Rapid Pathogen Screening revealed that it had collected US$6.25 million from Mallitz Investment Group.
Distressed debt investor, Oaktree Capital Group said that they hired Goldman Sachs Group to look for a buyer for Tekni-Plex.
Nakumatt Holdings announced that they are in talks with foreign equity investors. Nakumatt Holdings Ltd announced that they are in talks to sell close to 25% of its shares to investors abroad.
