TorQuest announced the closing of its third fund with USD 535 million. Canadian private equity firm TorQuest announced that it was able to raise USD 535 million for its third fund.
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Bill Cosby says African American graduates, women needed as leaders
Comedian Bill Cosby said African American leaders need to come from women and university graduates. Comedian Bill Cosby said African American leaders in the US need to come from the universities and women.
Ontario Teachers, Hastings Funds Management refinance USD 1.54 billion loan
Ontario Teachers Pension Plan and Hastings Funds Management refinanced their existing loan worth AUD 1.646 billion or USD 1.54 billion.
Harsco agrees to sell infra unit to Clayton, Dubilier & Rice for USD 300 million
Harsco announced an agreement to sell its infrastructure business to Clayton, Dubilier & Rice for USD 300 million.
Novacap purchases majority share in Yangzi
Private equity backed Novacap bought a controlling share in China-based Taixing Yangzi Pharm Chemical.
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IMDS, the leading company in the manufacture of orthopaedic implants and instruments, recently was acquired by Golden Equity Investments.
Mirza Adityaswara was appointed as Deputy Director of Bank Indonesia by Indonesian lawmakers. Mirza Adityaswara, a central bank outsider, was chosen by Indonesian lawmakers to become the new Deputy Director of the Bank Indonesia.
Masharie, a subsidiary firm of Dubai Investments, sold its stake in Anchor Allied Factory to Alkhabeer Capital.
In its latest funding round, Okta raised USD27 million from investors headed by Sequoia Capital. In an announcement, Okta said it had completed a Series D funding round where it raised a total of USD27 million.
NZ Prime Minister John Key, despite the write down of key assets, expects to reach the lower end of initial targets for revenues for share sales of government owned interests.
TV actor and comedian Bob Newhart was emotional after he received his first Emmy trophy. Bob Newhart was emotional when he received his first Emmy win after five decades in show business.
At 114,000 tons, the Costa Concordia would be the first ship of its size to be parbuckled. Capsized cruise ship liner Costa Concordia would be the first ship of its size to be salvaged using a process known as parbuckling.
KPN shareholders would meet to study American Movil's bid. Dutch phone company Royal KPN NV had been awaiting a bid from America Movil SA with a planned sale of its German wireless business in order to avoid paying taxes on its future earnings.
Eivind Kolding's reign as Danske Bank CEO ended when the bank fired him. In a surprise decision, Eivind Kolding, Danske Bank A/S CEO was fired after less than two years on the job.
