Aabar Investments, one of Abu Dhabi’s top state investment firms with major stakes in companies including Dubai-listed builder Arabtec and Sir Richard Branson’s Virgin Galactic, appointed a new chief executive on Wednesday, Reuters reported.
1 min read · 19 August 2015
Uber India also said on Wednesday that its U.S.-based parent had received fresh investment from Tata Opportunities Fund, a private equity fund linked to India’s Tata Capital. The companies did not disclose the amount, but a source close to the matter said it was between $75 million and $100 million, Reuters reported.
2 min read · 19 August 2015
Boston-based TA Associates announced today that it has completed an investment in Plusgrade. With offices in Montreal and New York, Plusgrade offers services for airlines to maximize revenues from air travelers seeking upgrades and was founded in 2009. Financial terms were not disclosed.
4 min read · 18 August 2015
Canada Pension Plan Investment Board, the largest pension fund manager in Canada and one of its most active dealmakers, said on Tuesday it has invested C$170 million ($130 million) in a Malaysian real estate joint venture, marking its first direct real estate investment in Southeast Asia.
1 min read · 18 August 2015
British state-backed lender Royal Bank of Scotland has sold its Luxembourg-based funds business to BlackFin Capital Partners, a private equity firm that specialises in financial services, Reuters reported.
1 min read · 18 August 2015
Citigroup Inc is selling its alternative investor services business to financial technology provider SS&C Technologies Holdings Inc for $425 million, subject to adjustments, Reuters reported.
1 min read · 18 August 2015
Gene-sequencing giant Illumina Inc , private equity firm Warburg Pincus LLC and venture capital firm Sutter Hill Ventures have agreed to invest $100 million to seed a new consumer-facing human genome platform called Helix, according to people familiar with the deal, Reuters reported.
2 min read · 18 August 2015
Pet supplies retailer Petco Holdings Inc filed with U.S. regulators on Monday for an initial public offering of common stock, which would be its third listing since 1994.
2 min read · 17 August 2015
U.S. solar company SunEdison Inc said it would form a $1 billion warehouse investment vehicle along with funds managed by Goldman Sachs Group Inc to fund construction and buy operating assets, Reuters reported.
1 min read · 17 August 2015
U.S. agribusiness firm Cargill Inc said on Monday it will buy Norwegian fish feed maker Ewos in a deal worth 1.35 billion euros ($1.50 billion), allowing private equity firms Altor and Bain Capital to cash in after two years’ ownership, Reuters reported.
1 min read · 17 August 2015