Altamont partners with GSO Capital Partners to grant refinancing to Billabong to help stabilize the company and fund its expansion endeavors.
Sectors
Multimedia Plus gets private financing and new board of director
Multimedia Plus announced the successful conclusion of their private financing with individual investors. Seperately, the company also announced that Ernest Pomerantz has joined the company's board of directors.
VC reached US$1.3 billion in New York
Venture capital reached US$1.3 billion in New York. Venture capital fundraising in New York reached US$1 billion. This figure was for the first half of the year.
Jersey Finance welcomes another key step towards meeting AIFMD requirements
Jersey Finance welcomed another key step towards meeting AIFMD requirements. Jersey Finance welcomed another key step towards meeting the requirements of Alternative Investment Fund Managers Directive (AIFMD).
Spotify expands in Asian countries
The London-based online music provider tries to break into several Asian counties in an effort to race with Pandora in global expansion efforts.
Latest News
Cargotec's MacGregor announced that they have entered an agreement to acquire the privately owned Hatlapa Group.
Sany alleged Zoomlion of kidnapping Liang Wengeng and his assistant Two of the construction giants in China have escalated their rivalry in an attempt to get a bigger share in the construction equipment industry in the country.
Altamont entered into an agreement to purchase DAKINE from Billabong. San Francisco-based Altamont Capital Partners (Altamont) entered into contract to purchase DAKINE, a leader in action sports accessories, from Billabong International Limited.
Bernanke speech and US retail sales sent most Asian stocks down. US retail sales, which were weaker than expected, caused most Asian stocks to drop Tuesday.
The insurance deal between Athene and Aviva was placed under review. The insurance deal between Athene Holding Ltd. and Aviva PLC was placed under review.
Sims Metal Management Limited announced the sale of its interest in Metal Management Aerospace, Inc to ELG Utica Alloys.
Glencore Xstrata announced the sale of its US$5 billion-plus Las Bambas copper project. Glencore Xstrata announced the sale of its US$5 billion-plus Las Bambas copper project.
APA group presented its offer to buy the rest of Envestra, which it already owns 33% of. APA Group offered to purchase the rest of Envestra Ltd. for about AUD1.
Salesforce.com loaned US$300 million for its ExactTarget acquisition. Salesforce. com loaned US$300 million to pay for its acquisition of ExactTarget. The loan was from the Bank of America.
