Fairway Market, from its humble beginnings as a fruit and vegetable stand, can now stand to be worth US$495 million.
Sectors
UPDATE - Italy Approves Debt Payments to Private Companies
Italian PM Mario Monti finally signs decree approving payments of state debts to private firms. The Italian caretaker government has approved a decree to pay off nearly Eur40 billion state funds to pay off debts it has incurred with private companies.
Serageldin Pleads Not Guilty
The former head of Credit Suisse's head of structured credit pleads not guilty to charges of overinflating prices in the subprime mortgage backed bonds market.
New Qatari Investment Fund to Do IPO
Doha Global Investment Co is backed by Qatar Holding for Eur2.3 billion and the IPO is expected to raise the same amount.
Veolia Transdev to decrease services and auction assets
Transdev would be selling off assets to pay off debts. Veolia Transdev, the French transport group is forecasting 'enormous' demand for its assets.
Latest News
The scheduled visit of Blackstone Group to Dell’s headquarters on Monday sends a strong signal that the firm is firming up a bid that could upset the $24.4 offer of founder Michael Dell.
Milestone Partners Fund IV has raised US$300 million and acquired new assets. Milestone Partners has announced the final closure of Milestone Partners IV LP with funding amounting to US$300 million.
Raising funds by VisibleBrands raised US$4.6 million for digital cloud promotions in-store. The close of a Series A round of funding and follow on Series B Convertible Note by VisibleBrands has raised US$4.
In a bid to capture middle class travel in Southeast Asia, Indonesian airline PT Mandala Airlines is set to spend $1.6 billion to buy 18 Airbus A320 planes by 2014.
The government is seeking venture capital financing for growth without affecting its bottom line. Finland is maximizing venture capital financing as a means to spark the economy out of the doldrums without affecting its current AAA ratings.
Kenya based Catalyst Principal Partners is searching for investments for its US$125 million fund. Catalyst Principal Partners, a private equity firm based in Kenya, is eyeing to make investments using a US$125 million fund with a partnership seeking to maximize real estate deals.
Funding has been increased for EveryMove as well as availability of the app in Android's Play Store.
Petronas, whose real business name is Petroliam Nasional Bhd, offered higher price to buyout shipping company.
Diageo is improving its acquisition offer of United Spirits of India. Diageo, the UK drinks company has raised its bid offer for United Spirits of India through a public offer.
