Life360 gets $10 Million in Series B financing

Leading location and communication app gets US $10 million Series B funding from DCM. Location and communication app Life360 clinched a US $10 million Series B funding, which brings its total financing to US $20 million to date.


Nicaragua makes historic feat, doubles FDI in 2 years

According to ProNicaragua, the country's FDI were more than doubled in a span of two years. According to Nicaraguan investment promotion firm ProNicaragua, the country experienced a large boost in foreign direct investments last year, putting the South American nation in the international investment spotlight.

TECO Energy seeks approval from New Mexico Regulators

TECO Energy Inc filed an approval application of its acquisition of the New Mexico Gas Co that was priced at US$950 million.

Asian REITs improving

Asian REITs improved. REITs or real estate investment trusts in Asia are improving. In Hong Kong, the New Century REIT debut with a gain of 0. 6%. This REIT was backed by the Carlyle Group.


Latest News

Warner Brothers' last minute bid for Thomas Tull failed to lure the producer; NBCUniversal succeeded.
Fitch gave a 'BBB-(EXP)' rating to Indonesia's USD-denominated global bonds. Fitch Ratings assigned a 'BBB-(EXP)' rating to Indonesia's USD-denominated global bonds.
Dechra Pharmaceuticals Plc, an animal health company based in United Kingdom, said that its revenue increased by 19%.
The Indonesian coal producer is close to completion of a deal pegged at US $500M that will mark Bakrie's exit.
China announced handing over audit documents of Chinese firms listed on the US stock exchanges to the United States regulators.
Polaris Private Equity acquired HTC Sweden. A private equity firm, Polaris Private Equity, acquired HTC Sweden AB. The acquired company is a floor grinding systems and surface preparation equipment manufacturer from Sweden.
AT&T Inc-Chernin Group and DirecTV offered Hulu LLC US$1 billion each. Hulu LLC, an online video service, received US$1 billion worth of offer each from AT&T Inc.
Empire East Land Holdings Inc said that it already started preliminary talks with billionaire Kazuo Okada on his possible lot purchase for a resort and casino complex in Manila.
Total number of investments increased 8.33%, according to a MENA report. According to a the 2012 Private Equity and Venture Capital in the Middle East Annual Report, the total number of investments rose 8.
India’s Flipkart announced last Wednesday that it has raised US$200 million worth of fund from a clutch of private equity firms who were also existing investors in the company.