Milestone Capital stated that they would rather choose to offload their assets than to sell the firm.
Sectors
Swissport in talks for Servisair purchase
Swissport International Ltd announced that they are in talks for the purchase of Servisair. Swissport International Ltd said that they are in exclusive talks for the acquisition of Servisair.
Hawaiian joint venture receives US$60 million in mortgage debt
Mesa West Capital provided close to US$60 million to the joint venture of Morgan Stanley Real Estate Investing and The Bascom Group, LLC.
CORRECTED: PlayOn Sports Closes USD 26M in Series D Funding
PlayOn Sports raises a total of USD 26 million in Series D Funding. (CORRECTION: Updated the previous image) Atlanta-based PlayOn! Sports, otherwise known as 2080 Media Inc, announced that it has raised Series D funds totalling USD 26 million on Monday.
PacWest acquires CapitalSource Inc
PacWest Bancorp said that they will acquire CapitalSource Inc for US$2.29 billion in cash and stock options.
Latest News
Solutions provider Symantec buys PasswordBank from Inveready. Solutions provider company Symantec recently purchased PassWordBank from Inveready, a Spanish venture capital company that specializes in early-stage investment.
Hedging should not be automatically done as this can be studied to make the position more viable in the long run.
TowerBrook Capital revealed that it had acquired Metallum Group with EUR295 million in debt financing.
Elastic Path Software received C$12 million worth of funding from several investors including Yaletown Venture Partners.
Qatar Investment Authority has announced that it is investing US300 million in RMZ Corp. Qatar Investment Authority (QIA), a sovereign wealth fund, announced that it is investing US$300 million in RMZ Corp.
Investment advisory firm Evercore announces new senior managing director appointed to set up Singapore branch.
Everstone Capital agreed to acquire a significant minority stake in Hinduja Leyland Finance. Everstone Capital revealed that it had agreed to invest around INR200 crore in Hinduja Leyland Finance.
State Bank is set to take over the fifth-largest lender in Mongolia. Savings Bank, Mongolia's former fifth-largest lending entity, will be taken over by its state-owned competitor, State Bank after being declared insolvent.
Prince William and Duchess Kate's first baby boy was born today at 4:24pm local time in the private wing of London's St. Mary's Hospital.
