Industrial manufacturer L.B. Foster announced the acquisition of custom pipe coatings company Ball Winch Pipeline Services LLC.
Regions
India's Kedaara Capital closes USD540 million for first time fund
The maiden fund of India's Kedaara Capital had reached a total amount of USD540 million. Kedaara Capital of India, which was co-founded by the former head for India of Singapore's Temasek Holdings, recently announced the accumulation of USD540 million for its maiden fund.
Choose Energy introduces new CEO and Series B funding round
Choose Energy's newly minted CEO Kerry Cooper would lead the company to new markets with new capital infusion from its latest Series B funding round.
Bumi moves closer to Bakrie split deal
London-listed coalminer Bumi Plc announced its plan to proceed with a planned split from the Bakrie family despite lack of proof that the family can finance the deal.
Vornado sells 866 UN Plaza for USD200 million
Vornado Realty Trust announced its intention to sell its Manhattan office building for USD200 million.
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Roozt.com, an online marketplace for indie brands, announced its seed investment round to raise USD750,000.
Artiman Ventures unusual investment strategy has been successful as it provides seed investment fund for firms.
The Office of Fair Trading said the joint venture between University College London Hospitals, the Royal Free London and The Doctors Laboratory did not threaten competition in the pathology services market.
Investors from US, Canada and Qatar backed up a USD1 billion debt sale deal to boost BlackBerry's cash position.
Royal Oak Recycling is the business name of V&M Corporation and the firm was recently acquired by Rizzo Environmental Services Inc.
Media General Inc and New Young Broadcasting Holding Co would be waiting for regulatory approvals in order to complete the merger after obtaining positive shareholder vote from the Richmond-based broadcasting company.
Essilor International paid USD21.50 per share for Costa purchase. Essilor International would be purchasing sunglass maker Costa at the approximated price of USS270 million.
Investment banks reportedly been courting Siemens AG to spin off its healthcare business. According to a Bloomberg report, Siemens AG Joe Kaeser may be able to obtain USD7 billion in value should he break off the company's healthcare business.
Outgoing Microsoft CEO Steve Ballmer presented the nine startups who composed the first batch of Microsoft Ventures Accelerator in Berlin.
