Yahoo! acquires Lexity

Yahoo! revealed that it had now acquired Lexity, a venture firm started by its former employee. Yahoo! announced that it purchased the e-commerce app platform, Lexity.


Sharp to raise funds through share sale

Sharp Corp announced that they are looking into ways to raise funding needed for capital investments.

Skanray Technologies to put up INR70 crore

Vishwaprasad Alva revealed that Skanray Technologies is to put up INR70 crore for its expansion projects.

Ardmore Shipping Corporation announces IPO pricing

Ardmore Shipping Corporation announced pricing its IPO valued at USD14 per share piece and is listed on the New York Stock Exchange under the trading symbol ASC.


Latest News

Deepwater Wind LLC said that they won in the first auction to build wind-energy project in Massachusetts federal waters.
Sources said that the Warburg Pincus-owned Rural/Metro is considering a possible bankruptcy filing. Sources close to Rural/Metro, the country's biggest private ambulance service operating in rural communities, said that the company is considering a possible bankruptcy filing.
Israeli Finance Minister, Benjamin Netanyahu appointed Leo Leiderman to sit as the new central bank governor of Bank of Israeli, succeeding former IMF deputy chief, Stanley Fischer.
Liberty Property Trust announced that they have an entered an agreement to purchase the operating partnership of Cabot Industrial Value Fund III LP.
Elders Limited announced that it is selling Futuris Automotive to Clearlake Capital Group for US$69 million.
Amcor Ltd announced plans to spin off its Australasia glass and beverage can packaging unit. Amcor Ltd announced plans to spin off the company's glass and beverage can packaging unit.
American Capital, Ltd. announced that it had launched a refinancing plan of its US$600 million senior secured credit facility.
DBS Group Holdings Ltd ended its offer to takeover the controlling stake for PT Danamon Indonesia valued at USD6.5 billion after failing to meet regulatory approval.
Aurora Capital Group announced that it had completed the sale ADCO Global, Inc. to another private equity firm Arsenal Capital Partners.
Michael Dell and Silver Lake's request to alter voting rules for their USD24.4 billion takeover deal was rejected by the company's special committee.