Investment will support rapid customer base expansion of the biopharma industry’s only collaborative cloud-based investigator site payment ecommerce platform.
Regions
Abu Dhabi fund ADIA hires emerging mkt private equity head
Abu Dhabi Investment Authority (ADIA) has hired Christophe Florin to head its emerging markets private equity team, it said in a statement on Tuesday.
SingTel close to Silicon Valley startup deal: source
Singapore Telecommunications Ltd is close to acquiring a Silicon Valley-based mobile advertising startup.
Celladon Corporation Completes Second Close of Recent Venture Financing
Total capital proceeds of recent investment round increased to $53 million. Celladon Corp. , a biopharmaceutical company focused on the discovery and development of innovative treatments for cardiovascular diseases, announced the receipt of additional capital proceeds from a second close of its recent venture financing to advance the Company's lead investigational product candidate MYDICAR® for the treatment of advanced heart failure.
AES Signs Agreements to Sell Equity Interests in Coal, Hydro and Wind Assets in China for Aggregate Proceeds Totaling $134 Million
The AES Corporation (NYSE: AES) has signed two agreements to sell a substantial majority of its businesses in China for $134 million in total aggregate proceeds.
Latest News
Micron Technology won the right to negotiate exclusively to buy Elpida Memory Inc after offering more than 200 billion yen ($2.5 billion) for the failed Japanese chipmaker.
Private equity group Blackstone Group has made its first acquisition in Singapore, buying the StarHub Green project from Germany's SEB Asset Management for S$215 million ($173 million).
The buyer group for private equity fund MBK Partners' Taiwan cable television business said on Monday it might have to pull out of the $2.4 billion deal because of delays in the regulatory approval that it said had cost it an extra $300 million.
India will slash the tax on long-term capital gains for private-equity investors to 10 percent from 20 percent, a finance ministry statement said on Monday.
News and developments in Asia private equity from Reuters News for the week ending May 4. News and developments in Asia private equity from Reuters News for the week ending May 4.
British gym chain Fitness First is close to agreeing a debt-for-equity swap that will see existing private equity owner BC Partners give up its stake, two sources with knowledge of the process said on Friday.
Mr. Shengcheng Wang, the controlling shareholder of the Company, proposes to acquire (i) ADSs of the Company held by the public investors for cash at not more than US$5.0 per ADS
Babson Capital Management LLC provided $20 million of mezzanine debt and $2 million of equity to support The Riverside Company’s investment in the growth of its existing portfolio company, ELT Inc.
“This acquisition illustrates our strategy to acquire the best insurance agency operations in new geographies, adding talented people with a passion for great customer service to our existing agency platforms.”
