By Alexis Akwagyiram
AIG, which was founded in Nigeria in 2012, already counts Goldman Sachs, South African telecoms group MTN and Germany’s Rocket Internet among its shareholders. It owns several technology firms across 26 African countries.
TVM Capital Healthcare Partners has joined hands with three healthcare professionals to reach out its investment in the emerging market.
The financing is meant to bolster Vinomofo’s rapid domestic growth in Australia and support operations in new markets. Vinomofo made it a mission to be a disruptive retailer by providing “a good wine experience” to its customers who opt for exceptional deals.
The U.S. Treasury Department took new steps to curb tax-avoiding corporate “inversions,” with the pending $160 billion merger of Pfizer Inc and Allergan Plc seen as a potential casualty.
The unit of South Korea’s CJ Group has said it is also considering buying the U.K.-based Odeon & UCI cinema chains from Terra Firma Capital Partners.
The IPO is BATS’ second attempt at going public. The company withdrew its IPO in 2012 following a series of glitches that resembled the 2010 “flash crash”.
The acquisition will herald the first U.S. commercial airline merger since US Airways and American Airlines combined in 2013 to form the world’s largest carrier.
Global investment banking fees fell 29 per cent in the first quarter of 2016 from a year earlier as market volatility put a brake on deal-making and equity and debt capital markets activity,
The fund will invest in seed stage startups, with a cheque size of JPY 5-15 million. It will also target startups based out of Fukuoka, hometown of founder Morozumi.
According to financial industry research house Coalition, Citigroup and Bank of America are ahead of DeutscheBank. JPMorgan Chase and Goldman Sachs retained their positions in first and second place respectively.