Sectors
Jifiti raises US$2.5 million from institutional investors
Jifiti announced that it had collect US$2.5 million from institutional investors in an investment round.
Microsoft admits losing money due to Surface tablets
Microsoft Corp. specified that the Surface tablets were the reason its total production expenses increased.
80-year-old Eileen Brennan of ‘Private Benjamin’ dies
The 80-year-old actress of "Private Benjamin", Eileen Brennan, died Sunday. Eighty-year-old Eileen Brennan, an American actress, died Sunday.
Pershing Square Capital Management set to invest US$2 billion
Bill Ackman's Pershing Square Capital Management LP announced that they are set to push the company's operations through a US$2 billion investment.
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Private equity firm, Blackstone Group announced that they are planning to acquire seven properties from GE Capital Real Estate worth AUD290 million.
America Homes 4 Rent have set prices for their impending public offering. American Homes 4 Rent said that they are targeting prices between US$16 to US$18 per share for the company's initial public offering.
Regent Recruitment revealed that they have received an undisclosed sum from The North West Fund for Venture Capital for their expansion plans.
Sources said EIV Capital Management Company had now raised US$65 million for its new energy investment fund.
OAO Uralkali's exit from a joint venture with a Belarusian miner is bound to transform the US$20 billion potash market.
Baidu Inc gains a US$1 billion funding from the sale of five-year bonds. Baidu Inc announced that they have sold US$1 billion of five-year bonds in China's largest corporate bond sale.
Sithe Global Power announced that Bruce J. Wrobel chief executive officer and chairman is stepping down and that Martin B. Rosenberg and Brian H. Kubeck are to succeed him.
ACON Investments and Capital International Private Equity Fund have announced its acquisition of Colombia's Vetra Energia.
Famous hedge fund investor criticized Sony's entertainment division as part of his ongoing campaign to create a spin-off.
Techno Electric & Engineering announced that it is considering investments from private equity firms to finance growth and expansion projects.