The Vistria Group was launched with a fundraising target of US$500 million. (Photo : Reuters)The image is President Barack Obama shooting a few hoops. (Correction: Removes the reference to Secretary Penny Pritzker, which was erroneously referred to as one of the founders of the Vistria Group.
Sectors
Rothschild To Study Possible Split for RBS
Rothschild to be named as the adviser for the Royal Bank of Scotland split. (Photo : Reuters)The corporate logo of Rothschild is shown on its building.
Novartis and Pfizer, Added Potential Bidders for Onyx
Pharmaceutical companies Novartis and Pfizer showing interest in Onyx (Photo : Reuters)Onyx Pharmaceuticals Inc Logo Pharmaceutical companies Novartis and Pfizer join the bandwagon as potential bidders for Onyx Pharmaceuticals Inc, sources close to the situation conferred on Monday.
Time Warner Nearing Sale of Its Headquarters
Time Warner discussed plans to sell its current headquarters in Manhattan to real estate developer, Related Cos for more than US$1.3 billion.
Nikkei: Japan, Canada Investors to Acquire US Power Plant
According to a report by the Nikkei business daily, a deal valued at 200 billion yen will take place this month as investors from Japan and Canada acquired a gas-fired power plant in Michigan.
Latest News
Sprint Nextel face lawsuit for tax fraud in the state of New York (Photo : Reuters)The image is the facade of a Sprint store. Sprint Nextel is currently facing a lawsuit in the State of New York for charges that the telecoms company did not collect or pay millions of dollars worth of taxes for its cellular phone service.
Compared to the first quarter, 21 IPOs were backed by venture capitalists amounting to US$717 billion.
Private equity insurance deals stalled by authorities' probe. The sale of private equity insurance encountered a road block as regulators decided to review these transactions.
Ritz-Carlton San Francisco was acquired by Thayer Lodging Group. The hotel investment firm Thayer Lodging Group acquired Host Hotels and Resorts' Ritz-Carlton San Francisco.
The following bids, mergers, acquisitions and disposals were reported on Monday The following bids, mergers, acquisitions and disposals were reported on Monday: - Chinese state oil firm CNPC will buy a stake in Kazakhstan's giant Kashagan oil project, through back-to-back deals with Kazmunaigaz through which ConocoPhillips will exit, the Kazakh state oil firm said on Monday.
Delivery Hero raised $30 million from series D financing. Berlin-based Delivery Hero announced receipt of $30 million worth of Series D financing. The Series D financing was led by Phenomen Ventures and included its other existing investors.
Altair Semiconductors raised $25 million from its recent fundraising activity. Israel's Altair Semiconductor, provider of LTE chipsets, closed $25 million in funding.
American Realty Capital New York Recovery REIT buys property worth US$220.3 million from SL Green Realty Corp.
Morgan Stanley had raised US$770 million fund to participate in the secondary market investments. (Photo : REUTERS)Morgan Stanley will shift the way advisers in its wealth management business are paid next year, cutting bonuses tied to the amount of revenue they bring in and rewarding them instead for growing assets and loans.
