Email of Mark Cuban presented as evidence
Mark Cuban's insider trading trial saw emails he sent to then UBS SVP Charles McKinney support earlier testimony made by the Dallas Mavericks owner.
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
McKesson interest in Celesio causes drug wholesaler's shares to rise
As reported by Dow Jones, Celesio shares increase after McKesson interest in buyout becomes public.
Russia's Rostelecom and Tele2 set to explore merger
Tele2 Russia and Rostelecom set to merge after an agreement was formalized to create the fourth largest mobile operator in Russia.
Indian companies transact wind power businesses
Tata Power buys a wind farm while DLF Ltd divests one in differing transactions in Indian wind power generation business.
Dauria Aerospace receives investments from I2BF Global Ventures
The global satellite services would be expanded through the capital investment of I2BF Global Ventures in Dauria Aerospace.
ANZ Bank CEO calls HK takeover targets 'expensive'
Michael Smith, current Australia and New Zealand Bank CEO, in an interview with Bloomberg's Susan Li said Hong Kong is the stepping stone towards China.
Vodafone will not bid for Tim Participacoes - source
A source said Vodafone Group Plc was not interested in bidding for Telecom Italia's Tim Participacoes SA.
Venture capital funds raise USD4.1 Billion in third quarter - report
A report released by the National Venture Capital Association showed a record USD4.1 billion was raised by 54 venture capital firms in the past 12 months.
Thomas Cook sells off business interests in Egypt and Lebanon
Yusuf Bin Ahmed Kanoo Holdings Ltd purchased the business interests of Thomas Cook Group in Egypt and Lebanon.
Ex-Finam Global executives launch new USD300 million tech investment fund
In an announcement today, former executives of Finam Global launched Flint Capital, a USD30 million fund that is focused on placing investments in Internet and innovative hardware startups.
