Richmond, Canada-based global helicopter services provider CHC Group Ltd priced the initial public offering (IPO) of its ordinary shares at $10 apiece, with the offering expected to close on January 23.
North America
Dropbox now valued at $10B after another $250M in new funding
California, US-based cloud storage services provider Dropbox raised another $250 million in new funding two years after a previous $250-million round, further lifting the company's valuation close to $10 billion.
North Texas venture capital investment surged in 2013 -report
North Texas received more than $630 million in venture capital investments in 2013, demonstrating a significant improvement from the $126 million commitment the region received in 2012.
Young investment bankers overworked and facing worsening working conditions - survey
Survey shows that there is little effort seen to improve the working conditions of junior investment bankers despite the death of an intern at Bank of America Merrill Lynch intern last summer, the Financial Times.
Microsoft files patent for performance-based pricing for cloud service -report
Software giant Microsoft applied for a patent for a system that allows customers to set the rate based on the performance level of its cloud service, according to InformationWeek.
Latest News
Atlanta, US-based consumer credit reporting company Equifax acquired UK-based technology firm TDX Group in a deal valued at $327 million to expand its data and analytics services beyond the US.
New York, US-based media firm NBC Universal International Television Production picked up a minority stake in Vancouver, Canada-based independent TV producer Lark Productions for an undisclosed amount.
Washington, US-based private equity firm Carlyle Group plans to raise $290 million by selling 100 million shares in Hong Kong-based home appliance maker Haier Electronics Group Ltd, according to IFR.
Bangalore, India-based early-stage investment firm Inventus Capital Partners closed its second fund totaling $106 million to invest in digital services startups in India and the US.
Professional basketball team Sacramento Kings is the first team in the US to accept the Bitcoin, highlighting its fascination with the digital currency, The Sacramento Bee reported.
Sarasota, Florida-based investment group Pebble Aviation LLC acquired Burbank, California-based air charter and cargo services provider Ameriflight LLC for an undisclosed sum, as announced by both companies on Thursday.
A lot of changes are taking place in the venture capital landscape and venture capital funds need to adapt or risk not thriving in the new landscape, The Economist reported.
New York, US-based private equity firm KKR Financial Holdings will invest over $100 million in Dublin, Ireland-based helicopter unit of Lease Corporation International (LCI) to support the latter's growth plans.
Sysco Corp's $3.5 billion acquisition agreement with US Foods has drawn the interest of US regulators over concerns that the deal could weaken competition in the industry, Bloomberg reported.
