Tel Aviv, Israel-based startup PowerUp Toys raised over $1 million via crowdfunding platform Kickstarter for a smartphone-controlled paperplane, with still eight days to go for the campaign.
Sectors
US fund manager CRG invests in Kazakhstan copper asset
Colorado, US-based private equity fund management group Centurion Resource Group (CRG) acquired a 75% stake in a copper project located in Karagandy, Kazakhstan, for an undisclosed amount.
Canada's CHC Group prices IPO at $10 per share
Richmond, Canada-based global helicopter services provider CHC Group Ltd priced the initial public offering (IPO) of its ordinary shares at $10 apiece, with the offering expected to close on January 23.
Equifax adds British tech firm TDX in $327M deal
Atlanta, US-based consumer credit reporting company Equifax acquired UK-based technology firm TDX Group in a deal valued at $327 million to expand its data and analytics services beyond the US.
NBC Universal picks up minority stake in Canadian TV producer Lark
New York, US-based media firm NBC Universal International Television Production picked up a minority stake in Vancouver, Canada-based independent TV producer Lark Productions for an undisclosed amount.
Latest News
Washington, US-based private equity firm Carlyle Group plans to raise $290 million by selling 100 million shares in Hong Kong-based home appliance maker Haier Electronics Group Ltd, according to IFR.
Bangalore, India-based early-stage investment firm Inventus Capital Partners closed its second fund totaling $106 million to invest in digital services startups in India and the US.
Professional basketball team Sacramento Kings is the first team in the US to accept the Bitcoin, highlighting its fascination with the digital currency, The Sacramento Bee reported.
Sarasota, Florida-based investment group Pebble Aviation LLC acquired Burbank, California-based air charter and cargo services provider Ameriflight LLC for an undisclosed sum, as announced by both companies on Thursday.
A lot of changes are taking place in the venture capital landscape and venture capital funds need to adapt or risk not thriving in the new landscape, The Economist reported.
New York, US-based private equity firm KKR Financial Holdings will invest over $100 million in Dublin, Ireland-based helicopter unit of Lease Corporation International (LCI) to support the latter's growth plans.
China-focused private equity group Boyu Capital is set to close $1.5-billion for its second buyout fund within a few weeks, according to people familiar with the matter.
Sysco Corp's $3.5 billion acquisition agreement with US Foods has drawn the interest of US regulators over concerns that the deal could weaken competition in the industry, Bloomberg reported.
New York, US-based private equity firm Cerberus Capital Management LP decided to exit its entire majority interest in Japan-based property operator Kokusai Kogyo Co in a deal valued between $1.25 billion to $1.34 billion.
