Alibaba Could Raise HK$100 Billion in Hong Kong IPO, E&Y Says
Business Weekl 27 June 2013 Alibaba Group Holding Ltd., China’s biggest e-commerce company, could raise HK$100 billion ($12.9 billion) if it proceeds with an initial public offering in Hong Kong this year, according to an estimate by Ernst & Young LLP. Companies...
AXA Real Estate acquires Barcelona office portfolio from Generalitat de Catalunya
Europe Real Estate June 25 2013 AXA Real Estate announced that it has agreed to acquire a portfolio of up to 13 government-let office buildings in Barcelona, as part of a sale and lease back transaction with the Generalitat de Catalunya for €172 million. The...
RVC and Softline invest $1 million in social site builder BubbleGab
East-West Digital News BubbleGab, a Russian startup developing a SaaS platform for building websites, has attracted $1 million in funding from RVC’s Seed Fund and Softline Venture Partners, the venture arm of the Softline Group. Founded in 2011, BubbleGab is working...
Datang to buy Yaowan Yule Network Technology
Telecompaper.com 28 June 2013 Chinese telecommunications equipment maker Datang Telecom plans to buy browser and mobile game developer Yaowan Yule Network Technology. The total consideration for the acquisition is a combination of stock and cash valued at CNY 1.70...