Israeli firms reined in US$474 million in venture capital funding for the first quarter of 2013. According to the Israel Venture Capital Research Center, Israeli high technology firms have raised US$474 million in venture capital funding in the first quarter of 2013.
Regions
Putin's Russia Reeling from Equity Flight
Due to the lack of promised reforms, many investors are moving their investments from Russia to other countries.
CalPERS Increase Good According to Moody's Service
The increase in the required pension fees for CalPERS is a good move according to Moody's Investor Services.
San Miguel Bond Issue Has Effects
The oversubscription of the San Miguel Corp bond issue brings with its dislocation according to institutional investors.
Weiss Moves from Morgan Stanley to Sailing Capital Management
Michael Weiss, who quit Morgan Stanley in early April, moves to the Chinese equity firm Sailing Capital Management.
Latest News
Betfair calls CVC offer as too low and with too many conditions, thus rejecting it. Betfair, the online gambling company, has rejected a US$1. 4 billion takeover bid from CVC Capital Partners, the private equity firm.
Finnair, in a bid to raise cash, sells off Norwegian Air Shuttle shares. Finnair, the official air carrier of Finland, has sold off its 4. 7% shareholdings in Norwegian Air Shuttle in the amount of Eur53 million.
Elan rejects takeover bid of Royalty Pharma, saying it grossly undervalued the firm. The board of directors of Elan, the Irish pharmaceutical company has unanimously rejected the formal bid from Royalty Pharma.
ABB is acquiring Power-One amidst the growing solar power industry. ABB Ltd has entered into an agreement with Power-One Inc for the latter's acquisition for a sum price of US$1 billion.
CP All to acquire Siam Makro in largest Thai on Thai company takeover. The globe's third largest operator of 7-Eleven convenience stores, CP All, is now preparing to acquire Siam Makro Pcl.
TPG Capital is undertaking the sale of UniTrust Finance and Leasing Corp. TPG Capital, the US private equity firm is selling off UniTrust Finance and Leasing Corp of China for US$800 million.
China Galaxy Securities is gauging IPO demand for Hong Kong listing. A brokerage firm controlled by China's sovereign wealth fund, China Galaxy Securities Inc, has started to determine the demand for an initial share sale amounting to US$1.
JP Morgan advises investment cutbacks in light of Gazprom dividend and other factors. JP Morgan Chase & Co has advised its clients to reduce its shareholdings in Russian stocks as OAO Gazprom has proposed a dividend cut.
Silver Lake's bid for Dell would push through amidst the financial and legal consequences written into the offer.
