VeriStor Systems announced collaborative partnership with Zerto for cloud disaster solutions project.
Investors
Wine label maker Multi-Color Corp acquires Mexico's Flexo Print
Multi-Color Corporation said that they are set to acquire 100% of Mexico's Flexo Print S.A. De C.V.
African telcom infrastructure provider gathers more than US$520 million for its expansion projects
IHS announced that it had collected a total of US$522 million from the IFC and private equity investors.
PotashCorp to buy back US$2 billion shares
Potash Corporation announced plans to buy back 5% of its outstanding common shares worth US$2 billion.
Kelso to sell PSAV Presentation Services
Sources said that Kelso has tapped banks in a bid to sell PSAV Presentation Services. Sources said that Kelso & Company has appointed Macquarie Group and Barclays to search for a buyer for PSAV Presentation Services.
Latest News
Rouse Properties purchased Greenville Mall for $50.25 million. New York-based Rouse Properties Inc announced its purchase of Greenville Mall in North Carolina earlier today.
BlackRock announced that they have raised up to GBP250 million from institutional investors and pension funds for its UK Long Lease Property Fund.
The Evergreen Group announced that they have acquired the Backyard Sports franchise from the video game company, Atari.
Sources said that Blackstone and Apollo are among the private equity firms that are interested in buying Spanish banks' troubled real estate business units.
Shriram Properties confirmed that it is planning to raise INR450 crore from private equity funds for an expansion project around South Asia.
Houghton Mifflin Harcourt rises from bankruptcy woes and is now set to file IPO Houghton Mifflin Harcourt announced that they are on the verge of filing for an initial public offering for shares in their company.
Private equity firm Peterson Partners names Nick Jean-Baptiste as the new investment team vice president.
Facebook Inc's revenue increase with the upsurge of users and advertisements. Facebook Inc announced a 76% improvement in mobile advertising revenue in their second quarter report, igniting a 20% share rally for the world's largest social network.
Crescent Communities adds construction and asset management experts Ford and Pierce into the team. Crescent Communities has announced earlier today that Jared Ford and Darren Pierce will be joining the Multifamily Development and Operations team as senior vice-president of construction and director of asset management, respectively.
