Berkeley Group and Wellcome Trust announced that it has created a joint venture to invest in English properties.
Regions
William Franke to resign as chairman of Spirit Airlines
William Franke stated that he will be stepping down from his position as chairman of Spirit Airlines as Indigo Partners LLC divest their stake in the company.
Greece receives additional EUR1.7 billion funding from IMF
The IMF releases additional funding as part of Greece's bailout program. The International Monetary Fund announced that they approved for additional funding for Greece's bailout program.
SNB to sell back UBS assets
The Swiss National Bank said that they are open to sell back the UBS assets that they took on during the global financial crisis.
Penda Corp acquires The Fabri-From Co.
Private equity firm owned Penda Corp. announced that it had acquired The Fabri-Form Co. expanding it reach in the heavy truck and material handling markets.
Latest News
Bessemer Venture Partners released an index of top 30 cloud companies revealing their combined worth of more than US$100 billion.
According to a Boston Business Journal research, for the year 2012, North Bridge Venture Partners topped the class in terms of dollars invested.
Execution Labs revealed that it will be working with BDC Venture Capital to award successful companies convertible notes worth US$150,000.
Fox Network's Twentieth Television said that they are expecting revenues of US$1 billion from new "The Simpson" licensing deal.
Beijing Enterprises Holdings announced that they are set to acquire a 22.01% stake claim in China Gas Holdings Limited from their parent company, Beijing Enterprises Group Company Limited.
Arthur Samberg and Mario Gabelli revealed that they have donated a total of US$40 million to the Columbia Business School for its new business school campus.
Teck Resources Ltd was tagged as one of the remaining interested companies set to acquire the Rio Tinto Group's 59% stake claim in Iron Ore Co.
Foundation had filed its official IPO documents with the Securities and Exchange Commission as it plans to raise US$86.25 million in equity funding.
The New South Wales state government announced that bidders for Macquarie Generation will have until August 19 to file expressions of interest.
