The New York Post reported that Twitter had been talking to major banks to help set up a credit facility line in the range of USD500 million to USD1 billion prior to its initial public offering that may happen before Thanksgiving.
Sectors
Brynwood Partners raises USD 400 million for Fund VII
Brynwood Partners announced the first and final close of their seventh fund, which raised USD 400 million.
Capitec has new CEO in Fourie after Stassen Retirement
Capitec Bank Holdings Ltd. announced in a regulatory filing that Gerrie Fourie would be Riaan Stassen's successor for the chief executive post after the latter's retirement by the end of this year.
Stryker Corp agrees to acquire Mako Surgical Corp for USD 1.65 billion
Orthopedic devices seller Stryker Corp announced that it had agreed to acquire Mako Surgical Corp for USD 1.65 billion.
RANOVUS Inc scores USD 11 million in latest financing round from PE firms
RANOVUS raised USD 11 million from various venture firms for its latest financing round. RANOVUS Inc announced that it was able to raise USD 11 million in its financing round.
Latest News
The Carlyle Group purchases the Metropolitan Real Estate Equity Management LLC. The Carlyle Group, the global alternative asset manager, announced it had agreed to purchase Metropolitan Real Estate Equity Management LLC.
Stanford Asia Holding, a subsidiary of Stanford Marine Group, received a USD 300 million loan facility.
Stakeholders of Prime Office REIT-AG approved the plan to merge with Oaktree Capital Group's German real estate business.
PKP Cargo SA said in a statement today that its major investor, Polish State Railway, would be divesting its stake in the former's freight transportation unit that would reportedly fetch around PLN1.65 billion or USD526 million.
In accordance with its expansion plans, Fonterra Cooperative Group is now building a UHT milk processing plant in China, despite a recent poisoning scare and corruption investigations done by government.
Volkswagen AG invests new finds into the venture with FAW Group to expand the production of the plant in Foshan.
The former CEO of VeriFone (PAY) Systems Inc and GTCR joined to form a new venture called Opus Global Holdings.
Sources told Bloomberg that billionaire Mikhail Prokhorov's Onexim Group was thinking of bidding for a stake in Uralkali.
Samsung launched the global sales of its latest phablet, the Galaxy Note 3. Samsung Electronics launched the global sales of its latest phablet offering.
