Former Square Wallet technical lead David Byttow and former Google product manager Chrys Bader-Wechseler are raising USD1.2 million in seed funding for their new startup called Secret.
United States
Carlyle prepares for $3B exit of specialty chemicals business PQ
Private equity firm Carlyle Group is mulling over an initial public offering or an outright sale of inorganic specialty chemicals producer PQ Corp. Sources said that the proposed deal could bring in USD3 billion.
This skill may bring about gender balance in PE industry
A report said the dearth of women in the leadership ranks of the private equity industry can be solved in the natural evolution of the private equity business model.
Hellman & Friedman acquires controlling stake in Scout24 for €700M in debt financing
Britain's Barclays PLC, Japan's Nomura and the Royal Bank of Canada are leading the loan financing for Hellman & Friedman LLC's buyout of Scout24. The classified advertising business will be bought for EUR700 million in debt funding.
eBay CEO labels drone delivery of products a fantasy
Chief Executive Officer John Donahoe of eBay Inc said in an interview with Emily Chang on Bloomberg Television that the use of drones to deliver products to consumers is a fantasy.
Latest News
In a rare interview, former head of Fidelity's Magellan Fund and mutual fund legend Peter Lynch shares his thoughts on investing in a rare interview on Bloomberg TV with Charlie Rose.
US-based mobile analytics and advertising company Flurry has secured USD12.5 million in new funding from undisclosed investors, bringing in a total funding of USD62.5 million to date.
Sketchfab, the online platform that can publish interactive 3D models, was able to raise USD 2 million in a round led by venture capital firm Balderton Capital.
Leveraged finance bankers are heading into 2014 with the same old nagging doubts about whether M&A will finally pick up, but this time round there is an even greater desire for a resurgence as refinancing opportunities fade.
Top U.S. cable provider Comcast Corp has tapped JPMorgan Chase & Co for advice as it evaluates a potential bid for Time Warner Cable Inc, people familiar with the matter said.Comcast brought in the bank to help review options as speculation about cable industry consolidation increased in the past several months, one of the people said.
Austin-based real estate investment firm World Class Capital Group announced today that it has acquired San Antonio shopping center Culebra Crossing for an undisclosed sum.
Illinois-based sterilization services provider Sterigenics International LLC signed a definitive agreement to acquire Florida-based firm Food Technology Service Inc in a deal priced at USD7.23 per share.
A report cited an example on how private equity had benefited greatly from US Federal Reserve's quantitative easing policy instead of the monetary policy's true beneficiaries - US companies and the American people.
California real estate investment trust BRE Properties Inc was projected to be the latest acquisition target of companies in a USD22 billion spending spree in apartment REITS, said Bloomberg in its report.
