Erste's capital hike raised net proceeds of Eur632 million. Erste Bank Group stated that it had a capital increase this month. This was after the group's foundation decreased its stake.
Sectors
Toshiba to earmark JPY20 to JPY 30 billion in NAND production
Toshiba is investing in technology amounting to JPY 20 to JPY 30 billion in its bid to boost its position in the venture.
Deutsche Börse to launch new block trading service Liquidnet
Deutsche Börse will soon launch its new block trading service, Liquidnet. Deutsche Börse announced that it will soon launch Liquidnet, its new block trading service.
Kofax receives US$1.2 million for accounts payable processing
Kofax received US$1.2 million for accounts payable processing from a global logistics company. Kofax PLC announced receipt of US$1. 2 million from a global logistics company.
Chatham produces US$1.60 million in its IPO
Chatham announced that the net proceeds they got from their IPO did not meet its expectations of US$4 million.
Latest News
Billabong announced that they are studying competing proposals for new refinancing. Billabong International Ltd. announced that they will study competing proposals from two US based debt investors.
First Data Corporation and Profit Technologies announced that they would work together to provide better service to financial clients in the Asian market.
The proposed US $24.4 billion deal to buyout the computer maker company keeps on dragging leaving to shareholders the decision whether to postpone vote or raise its share prices.
Interesting investment opportunities are picking up, according to 3i Chief Executive. 3i, a British private equity investor, said Thursday that investment opportunities were starting to pick up.
Open-Xchange raised US$20 million for cloud services expansion. Open-Xchange received funds worth US$20 million from United Internet, Hermann-Josef Lamberti, and existing shareholders.
Renewable Energy Corp ASA (REC)announced plans to spin off a business unit for US$133 million. Renewable Energy Corp ASA (REC) announced that the company plans to spin off its solar unit in a deal that was valued at US$133 million or NOK800 million.
Egypt will be seeing more investments from Billionaire Naguib Sawiris and his family. Egypt will be seeing more investments from billionaire Naguib Sawaris.
Sika expands its venture as it acquires Radmix Resources and its partner Australian Synthetic Fibres.
Singapore's Redmart raised a Series A round to increase valuation. Redmart, a Singaporean online grocery store, raised funds through a Series A round held recently.
