Ralls Corp. Sues Obama for Blocking Wind Farm Purchase

Ralls Corp., the Chinese-owned company that was blocked by President Obama on Friday from building four wind farms in Northern Oregon, has added President Barack Obama as a defendant in a lawsuit alleging that the government exceeded its authority, The Wall Street Journal reported Tuesday.


China’s 7 Days Group Announces Go-Private Offer

China's 7 Days Group Holdings, owner of the country's second largest hotel chain, received a buyout offer to go private last week from a consortium that includes the Carlyle Group, Sequoia Capital China and the company's co-chairmen Boquan He and Nanyan Zheng.

Another Acquisition for Reliance Steel & Aluminum Co.: Sunbelt Steel Texas

The largest metals service center in North America, Reliance Steel & Aluminum Co., announced that effective Oct. 1 it had acquired all outstanding limited liability company interests of the privately held Sunbelt Steel Texas, LLC.

Silicon Valley Meets Brazil with Fund for Internet Start-up Investments

A new joint venture, Redpoint e.Ventures, announced over the summer that it had raised $130 million to invest in early stage Internet start-ups in Brazil. It is the first such fund in Brazil originating from Silicon Valley and according to the company's founders the largest early stage venture capital fund there.


Latest News

The two main political parties in Greece are facing their own financial crisis. (Reuters) - The two main political parties in Greece are facing their own financial crisis.
Brent crude slipped below $110 per barrel on Wednesday, weighed down by worries that a fragile global economy could hit demand, although the risk of disruptions to supply from rising tensions between Iran and Western nations kept losses in check.
Life-sciences and health investing, long shunned by venture-capital investors, is making a comeback.
IDFC Private Equity has invested about 1.55 billion rupees ($28.80 million) in private Indian dairy firm Parag Milk Foods.
Australian surfwear company Rip Curl said it has received unsolicited approaches from several international companies.
New York-based private equity firm General Atlantic LLC has invested $44 million for a minority stake in Turkey's yemeksepeti.com.
The co-chief executive of Morgan Stanley's Asia operations said on Wednesday China IPO regulators should protect investors.
Goldman Sachs and private equity firm CVC Capital Partners Ltd have proposed a debt-for-equity swap for CVC's Australian television network Nine.
Private equity firm Bain Capital LLC is the unnamed second bidder for Australian surfwear company Billabong International.
The Obama administration has been ratcheting up its participation in the private equity market. The Obama administration has been ratcheting up its participation in the private equity market - even as Republican presidential candidate Mitt Romney comes under criticism for his private equity record at Bain Capital.