Coca-Cola FEMSA to Buy Brazilian peer for US$448 million

Coca-Cola FEMSA announced an agreement to acquire Companhia Fluminense for US$448 million in cash. (Photo : Reuters )The image shows Coca-Cola Co soda products.


Snowden Fallout Saga Creates Bad Timing for Private Equity

The Snowden saga caused a major problem on US secret surveillance programs, creating bigger headaches for its former company, Booz Allen Hamilton Corp and Carlyle Group LP.

CORRECTED: Scifiniti raises funds for SmartWafer launch

Scifiniti raises US$10 million in Series B funding. (CORRECTED: Corporate logo of Scifiniti was updated) In an announcement, Scifiniti said that the company was able to raise US$10 million in Series B funding from current investors Peninsula Ventures, I2BF Global Ventures, Firelake Capital and Alloy Ventures.

Fiat to Double Stake in RCS to 20.1 Percent

Italian carmaker Fiat said on Friday that it will increase its stake in RCS Mediagroup. (Photo : Fiat)Italian truck and tractor major Fiat Industrial and its U.


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Temasek Holdings has again purchased shares in ICBC. (Photo : Reuters)China-focused private equity firm Fountainvest Partners, headed by ex-Temasek executive Frank Tang, has raised $1.
European regulators directed RBS to sell its 315 branches next month corresponding to the state's terms in rescuing it.
T-Mobile paid US$308 million for US Cellular spectrum's additional range in Mississippi River Valley region.
Boston Scientific expands with a new prospect, Bard's electrophysiology unit, worth US$275 million.
Three mines owned by Arch Coal would be sold to Bowie Resources LLC. One of the most indebted US coal miners, Arch Coal Inc, has agreed to sell off three of its most profitable mines located in Utah for the price of US$435 million.
Evy Hambro of BlackRock Inc said that a few gold miners would go out of business due to slumping prices and increasing costs.
Investcorp's Skrill sale made bankers prepare for debt investment of around GBP300 million or US$456.16 million.
China National Petroleum Corp pays out US$5 billion for a share in the Kashagan oil fields of Kazakhstan.
Fresenius sold its transplantation medicine and anti-cancer cell drug to Neopharm. (Photo : Reuters)The image is the front foyer of German healthcare giant Fresenius SE.
The private equity company, TPG, intends to invest in a Japanese conglomerate, Seibu Holdings. (Photo : TPG Capital)TPG Headquarters at 101 Collins Street TPG, a US private equity corporation, expressed its intentions to invest in Seibu Holdings, a Japanese conglomerate.