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

SBI invests in Equifax
Equifax Credit Information Services would receive an undisclosed amount from SBI as an investment.
Dongfeng wavering on PSA Peugeot Citroen investment
Despite saying the deal is finalized, a Dongfeng executive said it may take a bit more time before its completion.
Air France CFO blasts Alitalia for lack of information
In a news report in the Italian daily Il Messagero, a letter from Air France CFO criticized Alitalia for the lack of information regarding key decisions made on their joint venture where it owns 25%.
Japan Exchange fell as profits decreased
Japan Exchange fell after expectations were unmet as major stocks pulled down the market.
McKesson obtains bridge loan
The approval for a bridge loan was given to McKesson to facilitate its acquisition of Celesio AG.
Flint Mobile closes Series B round with USD6 million in capital pledges
The amount of USD6 million was raised by Flint Mobile from its capital investors.
Telefonica SA and PPF Group NV nearing deal for Czech Republic's telephone firm
Anonymous sources revealed the near completion status of the deal between Telefonica SA and PPF Group NV for the largest phone company in the Czech Republic.
Glencore and Sumitomo purchase majority stake in Australia's Clermont mine
Glencore Xstrata and Sumitomo Corp purchase 50.1% shareholdings in Clermont mine amidst increasing Asian demand for coal.
IPIC pays off loan that purchased bank stake
A USD2 billion loan was paid off in full by state owned IPIC from RHB Capital.
Dubai firm to put up LNG factory in the Philippines
Kampac International Chairman Charles Ampofo lauded the Philippines' economic growth.
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