United States

Belgium's AB InBev to reacquire Oriental Brewery Co Ltd from KKR & Co, Affinity Equity Partners Ltd- sources

Anheuser-Busch InBev is looking to repurchase Oriental Brewery Co from private equity companies KKR & Co and Affinity Equity Partners Ltd, according to sources interviewed by Bloomberg.


US-based venture capital firm Andreessen Horowitz to raise new $1.5B fund -Primack

California, US-based venture capital firm Andreessen Horowitz is in the process of raising $1.5 billion for its new fund, according to Fortune LP whisperer Dan Primack.

Neiman Marcus Department store chain given two weeks to answer to data breach

Dallas-based Neiman Marcus Group Ltd was given two weeks by Florida Attorney General Pam Bondi to answer questions about the cyber breach that happened during the holiday rush, Bloomberg reported.

American biotech startup QuanDx bags $950K in funding

Menlo Park, California-based biotech startup QuanDx bagged $950,000 in a recent financing round from undisclosed backers to continue developing molecular diagnostic equipment for medical laboratories.


Latest News

Survey shows that there is little effort seen to improve the working conditions of junior investment bankers despite the death of an intern at Bank of America Merrill Lynch intern last summer, the Financial Times.
Software giant Microsoft applied for a patent for a system that allows customers to set the rate based on the performance level of its cloud service, according to InformationWeek.
Offering a twist on the learn-from-anywhere convenience of Internet classes, a new university is asking freshmen to take a large leap of faith.
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.
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.
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.
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.