Mar 4, 2013 | News, North America
(Reuters) – Berkshire Hathaway Inc is on the hunt for more deals similar to its planned purchase of H.J. Heinz Co, Warren Buffett, the conglomerate’s chief executive, said on Monday. “If we get a chance to buy another Heinz, we will do that,”...
Feb 27, 2013 | News, North America, Russia
East-West Digital News 22 February 2013 Virool, a San Francisco-based startup founded in 2011 by a Russian team, announced last week that it raised $6.62 million from leading venture funds and business angels. A Y-Combinator graduate, Virool defines itself as “a...
Feb 27, 2013 | News, North America
New York (Reuters) – Blackstone Group LP (BX.N) vice chairman J. Tomilson Hill, the head of the firm’s fund-of-hedge-funds business, earned $8.5 million last week by selling a portion of his stake in the world’s largest alternative asset manager,...
Feb 21, 2013 | News, North America
NEW YORK, Feb 20 (Reuters) Private equity firm Forstmann Little & Company has decided to put its sports and modeling talent agency IMG up for sale and is in the process of picking an investment bank to lead the effort, three people familiar with the matter said....
Feb 21, 2013 | News, North America
SAN FRANCISCO, Feb 20 (Reuters) Online scrapbook Pinterest has raised a new $200 million round of funding that gives it a valuation of $2.5 billion, the company said on Wednesday. Pinterest, which allows users to create online bulletin boards based on various themes...
Feb 20, 2013 | News, North America
FRANKFURT, Feb 20 (Reuters) Germany-based Bertelsmann is in advanced talks to buy out private equity firm KKR’s majority stake in joint venture music rights management company BMG, the New York Post said, citing unnamed sources. Read...
