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

RIght of pre-emption in Carabobo-1 not to be exercised by Indian oil firms
The consortium comprising of Indian Oil, ONGC Videsh and Oil India, as well as Repsol SA, would not be exercising the right of pre-emption of the vacated shares in the oil project previously owned by
Vox Media aims to obtain USD40 million funding via Accel Partners
Vox Media would be raising USD40 million in investment funding to expand its editorial coverage by producing more video reports.
Alibaba investment by Yahoo more valuable after IPO
Yahoo, which owns 24% of ecommerce giant Alibaba, reaps revenues prior to the IPO.
Czech Republic's richest man bids for local unit of Telefonica SA
Petr Kellner is seeking to purchase the Czech republic's unit of Telefonica SA.
Cerberus contemplating bid for beleaguered BlackBerry
Known institutional investor Cerberus Capital Management is studying its options to determine if it would make a bid for BlackBerry.
ERB to build power plant for Dow Chemical in Minas Gerais
A second project between Dow and ERB has been agreed upon where the power plant would utilize sugar cane residue as fuel for electrical power.
Companies have been short listed for the new Tavan Tolgoi Power Plant
A number of top notch companies have sent their bids to build Mongolia's Tavan Tolgoi Power Plant.
Softbank-GungHo OnLine consortium acquires 51% stake in Supercell for USD1.53 billion
Japanese firms Softbank Corp and games developer GungHo OnLine Entertainment had purchased a controlling stake in Supercell for USD1.53 billion.
Albion Ventures acquires Cisiv Ltd
Albion Ventures, the largest venture capitalist in the UK completed the investment in Cisiv Ltd.
StoneCalibre acquires Anatrace, a unit of Affymetrix
Anatrace was recently acquired by StoneCalibre to expand its portfolio of detergents and lipids for the marketplace.
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