Dubai’s ICD to buy stake in hotel manager Kerzner

Dubai’s ICD to buy stake in hotel manager Kerzner

DUBAI, April 3 (Reuters) Investment Corp of Dubai (ICD), the emirate’s sovereign wealth fund, has agreed to buy about 46 percent of hotel management company Kerzner International, sources aware of the deal said. The sources, speaking on condition of anonymity...
Hortonworks raises $100 million in funding, eyes M&A

Hortonworks raises $100 million in funding, eyes M&A

March 25 (Reuters) – Enterprise software startup Hortonworks has raised $100 million from BlackRock and Passport Capital at a valuation north of $1 billion, hoping to accelerate growth with investments in its platforms and acquisitions. The funding takes the...