Ontario Teachers Pension Plan and Hastings Funds Management refinanced their existing loan worth AUD 1.646 billion or USD 1.54 billion.
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The Eric B. Chandler Health Center announced receipt of funds for an endowment fund
An endowment fund was established for the Eric B. Chandler Health Center through the assistance of the Robert Wood Johnson Foundation and the New Jersey Health Foundation.
KV Pharmaceuticals declares reorganization plan successful
The bankruptcy Chapter 11 plan for KV Pharmaceuticals sufficiently reduced its debt and opened a USD375 million recapitalization facility.
Kennametal purchases tungsten unit of Allegheny Technologies
Aside from paying USD605 million for the tungsten business of Allegheny Tech, Kennametal gains tax savings as well as large revenues of the business.
Perion-Conduit merger causes share decline
Perion Network's share prices declined as the promised premium for the merger was lost. The share price for the Perion Network Ltd had its largest decline in more than three years as its investors were disappointed with the lack of a premium for its merger with Conduit Ltd's Client Connect business.
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Harsco announced an agreement to sell its infrastructure business to Clayton, Dubilier & Rice for USD 300 million.
Private equity backed Novacap bought a controlling share in China-based Taixing Yangzi Pharm Chemical.
Violin Memory, through the backing of Toshiba, would be doing an IPO of 18 million shares with an expected value of USD180 million.
BBC Worldwide and Ragdoll Productions sold "Teletubbies" to DHX Media. BBC Worldwide and Ragdoll Productions sold the joint venture firm that owns the rights to "Teletubbies," "In the Night Garden" and "The Adventures of Abney & Teal" to DHX Media.
TorQuest announced the closing of its third fund with USD 535 million. Canadian private equity firm TorQuest announced that it was able to raise USD 535 million for its third fund.
IMDS, the leading company in the manufacture of orthopaedic implants and instruments, recently was acquired by Golden Equity Investments.
Mirza Adityaswara was appointed as Deputy Director of Bank Indonesia by Indonesian lawmakers. Mirza Adityaswara, a central bank outsider, was chosen by Indonesian lawmakers to become the new Deputy Director of the Bank Indonesia.
Masharie, a subsidiary firm of Dubai Investments, sold its stake in Anchor Allied Factory to Alkhabeer Capital.
In its latest funding round, Okta raised USD27 million from investors headed by Sequoia Capital. In an announcement, Okta said it had completed a Series D funding round where it raised a total of USD27 million.
