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

Kior gets commitments for its second biofuel plant
Kior, the operator of the first US biofuel plant, had received financial commitments amounting to USD100 million.
Maple Leaf studying options for shareholdings in Canada Bread Co.
With 90% of Canada Bread Co in Maple Leaf Foods Inc's name, the latter is seeking options for the divestment of the said asset.
Equistone acquires Europeene des Desserts
French frozen baking industry leader Europeene des Desserts was recently bought out by Equistone Partners Europe Ltd's Fund IV.
Lab21 sells its blood bank screening business unit
Trinity Biotech purchases Lab21's blood bank screening unit for USD7.5 billion.
New joint venture enters Indian healthcare market
The Burman family and Healthcare At Home UK form joint venture for the Indian market.
AT&T and Crown Castle Int'l forge agreement on towers and cell sites
For the price of USD4.85 billion, AT&T sells off and leases telecommunications assets to Crown Castle Int'l.
Harrods to reopen on November 4 after major store renovations
After infusing GBP107.8 million for store renovations, Qatar Holding would reopen Harrods store especially the iconic escalator.
Twitter's attrition rate is a challenge for investors
The high rate of non-use in Twitter is what may challenge investors in their decision come IPO time.
Eike's Rio de Janeiro had highs and lows with the billionaire
At his financial mightiest, Eike bankrolled social services in Rio de Janeiro.
Chipotle reports growth from past year
Chipotle Mexican Restaurant had attributed its growth in the S&P500 to internal improvements undertaken.
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