Regions
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.