By Ludwig Burger
The PE firms’ $5.9 billion takeover bid did not win enough shareholder support.
The fund will explore opportunities in emerging technology markets.
Fund to invest in semiconductor, display, robotics, healthcare and energy storage.
The latest round is part of an acquisition transaction between Sevion and Eloxx.
This is the first retail acquisition by Mikhail Fridman’s investment vehicle.
Funding follows its IPO on the ASX just six months ago, which saw it raise A$5 million.
A proposed merger between two banks in southern Japan will likely be delayed for a second time.
The cuts were part of a restructuring aimed at becoming a smaller bank.
Facilities for distributing fresh food are far more complicated than ordinary warehouses.
Japan’s Takata Corp, the firm at the centre of the auto industry’s biggest ever product recall, filed for bankruptcy protection in the United States and Japan and said it would seek $1.6 billion in aid from U.S.-based Key Safety Systems (KSS). In one of Japan’s biggest bankruptcies, Takata is facing… Read more »