Private Equity

Spotify Raises $1 Billion Through Financing Deal

Music streaming company Spotify raises $ 1 billion deal through financing in the form of convertible debt. TPG rounded the funds together with Dragoneer along with other institutional investors. The deal placed by Goldman Sachs is expected to close on April 2.


Yahoo Potential Buyers Have 14 Days to Present Their Bid

Yahoo potential buyers only have until April 11 to submit their bid. Along with the proposed amount are details on how the purchase would be financed, conditions or approvals to be met and what import..

Israeli investment firms get $665 million in 2016

Israel is witnessing an increasing number of new venture capital (VC) firms coming up. The country registered an inflow of $665 million VC funding during the first two months of the year. Unfazed wit..

Black Bear Diner Secured an Investment From PWP Growth Equity, Aims to Expand Business

Black Bear Diner had secured an investment from private equity fund PWP Growth Equity. The financial backing will be allocated to expand growth and coverage in new and existing markets. The restaurant..


Latest News

Twitter's IPO is an indicator for future startups
Both Wall Street and Silicon Valley await how the market responds to Twitter's IPO.
Westpac works for another banner year in 2014
Westpac CEO Gail Kelly reports a good 2013 and expects a better year for 2014.
Woori share values fall again
Woori Finance Holdings Co.'s share values fell by nearly 3% to KRW12,000 per share.
Deals of the day - M&As
The following bids, mergers, acquisitions and disposals were reported on Friday
Warburg Pincus exits from its waste management investments in Australia
Warburg Pincus sells off its shares in Transapacific Industries Group.
Dell Inc pays out executive shares above conversion value
Dell Inc had paid out executives for its shares not rolled over into the newly privatized Dell.
IDB invests in Saudi Arabian cheese industry
The IDB investment in Saudi Arabia's cheese industry includes the acquisition of shareholdings and the construction of a cheese factory.
National Bank of Abu Dhabi set to expand internationally
NBAD Group CEO Alex Thursby identified seven highly urbanized cities where the bank would set up its operations.
Morgan Stanley establishes fund to improve affordable housing
Morgan Stanley, in the wake of outrage from bailouts in the last crisis, is seeking investments that provide long term social benefits for the community.
Bega Cheese shares purchased by Fonterra Cooperative Group
Fonterra purchased 6% shareholdings in Bega, which in turn upped the ante for its own bid for Warrnambool Cheese and Butter.
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