Elders Limited announced that it is selling Futuris Automotive to Clearlake Capital Group for US$69 million.
North America
Onex Corp to raise US$4.5 billion for its next fund
Sources said that Onex Corp. is raising US$4.5 billion for its next fund. Sources close to Onex Corp. said that the firm is looking to put up US$4. 5 billion for its next fund.
Yahoo! acquires Lexity
Yahoo! revealed that it had now acquired Lexity, a venture firm started by its former employee. Yahoo! announced that it purchased the e-commerce app platform, Lexity.
MPH Ventures Corp. lands property near the Albany graphite deposit discovery
MPH Ventures Corp. announced that they have acquired the North Albany Graphite Property which is adjacent to the resource-rich Albany graphite deposit discovery.
Deepwater Wind LLC wins wind-energy development project
Deepwater Wind LLC said that they won in the first auction to build wind-energy project in Massachusetts federal waters.
Latest News
Amcor Ltd announced plans to spin off its Australasia glass and beverage can packaging unit. Amcor Ltd announced plans to spin off the company's glass and beverage can packaging unit.
American Capital, Ltd. announced that it had launched a refinancing plan of its US$600 million senior secured credit facility.
Aurora Capital Group announced that it had completed the sale ADCO Global, Inc. to another private equity firm Arsenal Capital Partners.
Michael Dell and Silver Lake's request to alter voting rules for their USD24.4 billion takeover deal was rejected by the company's special committee.
Facebook Inc. increased above its IPO price for the first time since its debut in May 2012 following the surging advertising demand for smartphone and tablet users.
Today, Envision Healthcare Holdings announced launching its initial public offering that is priced between USD20 andUSD23.
B. Wayne Hughes, owner of REIT American Homes 4 Rent, said that they have raised an estimated US$705.9 million through the public offering of the company's shares.
After six hours of trial, District Court Judge, Katherine Forrest sent the jury home and will resumed deliberation on Tourre's case on Thursday.
Investor George Soros took a large long position in Herbalife stock. George Soros, a billionaire investor, purchased a majority stake in nutritional supplement company Herbalife Ltd stated a source with knowledge on the matter on Wednesday.
