Cloud software company Anaplan on Thursday became the latest tech firm to close a sizeable funding round in what is shaping up to be a busy month for venture capital financing, Reuters News reported.
2 min read · 14 January 2016
The Colombian government sold its 57.6 percent controlling stake in power generator Isagen to Toronto-based Brookfield Asset Management for US$1.99 billion, Reuters reported. The deal represents the largest privatization in the country in nearly a decade. Another bidder, Chile's Colbun, withdrew from the process earlier this week.
2 min read · 13 January 2016
Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) has appointed Sherwood Dodge as its global head of private equities effective immediately, it said in a statement on Wednesday.
1 min read · 13 January 2016
Sagent Pharmaceuticals Inc, a U.S. generic life sciences company focusing on injectable drugs, is considering a sale of the company as part of an exploration of strategic alternatives, according to people familiar with the matter.
1 min read · 13 January 2016
Uber Technologies Inc said on Wednesday it has received almost $2 billion in funding from Chinese investors, some as part of a recent fundraising round that valued the U.S. firm's Chinese unit at $7 billion.
1 min read · 13 January 2016
Plains All American Pipeline LP said on Tuesday it has secured $1.5 billion in new financing from private equity firms, aimed at easing investor fears that the U.S. midstream company would cut shareholder payouts amid slumping crude oil prices, Reuters News reported.
2 min read · 13 January 2016
Hedge funds in 2015 posted their lowest annual return for four years amid heightened volatility and a weak market, Reuters News reported citing Eurekahedge.
1 min read · 13 January 2016
Shareholders of Saudi Arabia's Bodymasters have received initial interest from four potential buyers ahead of a potential 500 million riyal ($133 million) sale of the fitness chain later this year, Reuters News reported.
2 min read · 13 January 2016
rinting services company Lexmark International Inc is considering the possibility of divesting its hardware and software assets separately to revive interest in its sale process, Reuters News reported.
2 min read · 13 January 2016
Three large U.S. venture capital firms are betting that hospitals will buy into a new service designed to help healthcare providers treat their patients more like upscale hotels treat their customers, Reuters News reported.
3 min read · 12 January 2016
