KKR & Co raised US$ billion for its third Asian private equity fund called Asian II Fund. KKR & Co's third Asia private equity fund obtained US$6 billion.
Sectors
WSJ: JPMorgan review finds errors in debt collection lawsuits
After conducting reviews, JPMorgan found out that it had made about 9% mistakes in more than 1000 lawsuits filed against non-payment of its credit card holders.
Publicis Groupe acquires China's Net@lk
China's foremost social media services provider, Net@lk, was acquired by Publicis Groupe. Today, Publicis Groupe announced that it acquired China's foremost social media services provider, Net@lk.
Neutra Corp. enters joint venture with Vertigo Technologies
Neutra Corp. entered a joint venture with Vertigo Technologies through its subsidiary, Cannabis Technologies, Inc.
Santander Consumer plans to raise US$50 million in its IPO
Santander Consumer released plans to raise US$50 million in its IPO. The lender behind Chrysler Capital, Santander Consumer USA, released a plan to raise at least US$50 million in an initial public offering, according to official papers filed with the U.
Latest News
Chromebooks have effectively captured 20% to 25% of the U.S. laptop market according to report. Google Inc. 's Chromebook was brushed aside as a mildly cheap laptop with limited appeal when it was released two years ago.
According to three sources, Glencore Xstrata Plc looked to sell its Dakota Growers Pasta Co unit after its US$6 billion purchase for Viterra.
Tech Finance extended its noteholder tender offer expiry date to July 11, 2013. Technicolor announced that the expiry date of Tech Finance's noteholder tender offer would be extended to July 11, 2013, which was originally set for July 9.
Ally Financial, preparing for its IPO, has dropped JPMorgan from its list of underwriters. The removal of JPMorgan Chase & Co. , from the list of underwriters for its planned initial public offering of Ally Financial Inc.
A biotech company wants to raise US$125 million through its IPO. Intrexon Corp, a Florida-based biotechnology company, has filed with U. S. Securities and Exchange Commission an initial public offering of common stock.
Nuclearelectrica IPO delayed until late July, at the least. Nuclearelectrica has announced that its initial public offering would be postponed until late July, at the very least.
Kymeta, an antenna developer and a spinoff of Intellectual Visions, raises US$50 million. Kymeta, a Redmond-based satellite antenna developer, said it had raised $50 million in capital.
Active Power named board chairman as new interim president and CEO. Active Power named its chairman of the board, Dr. Ake Almgren, as its new interim president and chief executive officer.
Geniki Bank presents its binding bid for troubled New Hellenic Postbank. Greek lender Geniki Bank confirmed that it has submitted its bid to acquire New Hellenic Postbank.
