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Alibaba buys stake in online shopping firm ShopRunner

Alibaba buys stake in online shopping firm ShopRunner

Aug 20, 2013 | China, East Asia, News, North America

Reuters 16 August 2013 Chinese e-commerce company Alibaba Group, which is preparing for an initial public offering in Hong Kong, has bought a minority stake in online shopping company ShopRunner, the Financial Times reported on Friday. The acquisition is part of a...
Brookfield Property to Buy Industrial Developments International for $1.1 Billion

Brookfield Property to Buy Industrial Developments International for $1.1 Billion

Aug 20, 2013 | East Asia, News, North America

The Wall Street Journal Brookfield Property Partners L.P. has agreed to acquire Industrial Developments International Inc. (IDI) from the U.S. unit of Kajima Corp. for $1.1 billion, expanding the commercial real estate owner’s property portfolio. Industrial...
Investment bank Goldman leads race to acquire stake in China’s Huarong Asset Management

Investment bank Goldman leads race to acquire stake in China’s Huarong Asset Management

Aug 18, 2013 | China, East Asia, News, North America, Western Europe

Financial News US investment bank Goldman Sachs Group Inc is currently the top contender to buy most of the USD1.5bn stake in China’s Huarong Asset Management Corp that is offered for sale ahead of a 2014 IPO, two sources told the Financial Times. Morgan Stanley and...
Intel buys Fujitsu RF unit to beef up LTE expertise

Intel buys Fujitsu RF unit to beef up LTE expertise

Aug 16, 2013 | East Asia, News, North America

Fiercewireless.com 13 August Intel purchased a unit of Fujitsu, called Fujitsu Semiconductor Wireless Products, a specialist in RF transceiver technology, in a bid to increase its LTE and overall mobile expertise, an Intel spokeswoman confirmed to FierceWireless....
CareCloud Announces an Additional $9 Million from Adams Street Partners

CareCloud Announces an Additional $9 Million from Adams Street Partners

Aug 16, 2013 | News, North America

MIAMI & BOSTON–(BUSINESS WIRE)–CareCloud, the fastest-growing provider of cloud-based practice management, electronic health records (EHR), and medical billing software and services, today announced it has secured an additional $9 million from Adams...
Apollo Tyres set to acquire US-based Cooper Tire & Rubber

Apollo Tyres set to acquire US-based Cooper Tire & Rubber

Aug 16, 2013 | India, News, North America, South & Central Asia

Business Standard Apollo Tyres is set to acquire the US headquartered Cooper Tire & Rubber Company, making the company global player with 14 plants spread across India, the United States, China, Europe and Mexico, said Onkar S Kanwar, chairman. Delivering...
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