By Shiwen Yap
Customer intelligence platform Local Measure has raised $3.4m from existing investors to expand to Dubai and Los Angeles.
AMC said Nordic Cinema’s revenues was the equivalent of about $375m as on Sept 30
With this, the aggregate funding raised by the firm has touched $7.9 million.
Australia’s new infrastructure oversight body is fuelling concerns Hong Kong’s Cheung Kong Infrastructure Holdings’ (CKI) $5.5 billion bid for DUET Group will be blocked or modified, pushing shares in the energy firm lower. Australia on Monday announced the formation of the Critical Infrastructure Centre, which will check whether foreign-led bids… Read more »
Brookfield Asset Management Inc., Canada’s largest alternative asset manager, has entered into exclusive talks to buy bankrupt SunEdison Inc.’s two yieldcos, valuing the power companies at as much as $2.46 billion. Toronto-based Brookfield offered $12 a share for TerraForm Power Inc., conditional on acquiring more than half of sister company… Read more »
Energy tech firm Greensync has closed an $8.7m Series B and plans to expand into Southeast Asia.
Pencarrow Private Equity (Pencarrow) exited New Zealand tea and coffee company BrewGroup to Jacobs Douwe Egberts (JDE), a Netherlands-based beverages group active in more than 100 countries. The consideration for the acquisition was stated to be more than $100 million.
Viibar Inc that offers high quality video has received a $3.5m investment from Nihon Keizai Shimbun, also known as Nikkei.
South Korea’s LG Corp, the holding company of LG Group, said in a filing on Monday it agreed to sell a stake in silicon wafer producer LG Siltron Inc to SK Holdings Co for 620 billion won ($531.9 million). SK Holdings, a holding company of SK Group which controls semiconductor… Read more »
A third close around the overall target is expected in early April 2017.