Snapdeal raises Rs 280 cr from 3 venture capital firms & angel investors
The Economic Times 06 June 2013 BANGALORE: Online retailer Snapdeal has raised money from three venture capital firms and angel investors to close a $50 million ( Rs 280 crore) round of funding that began in April with investment by eBay. Intel Capital, Russian...
AirAsia X launches up to $370 mln IPO amid fleet expansion
Reuters 10 June 2013 Malaysian long-haul budget carrier AirAsia X launched an up to $370 million initial public offering on Monday, seeking funds for its fleet expansion as it targets buoyant travel demand in Asia-Pacific and looks to fend off regional rivals. The...
Casino operator Macau Legend launches up to $786 mln HK IPO -terms
Reuters 7 June 2013 Casino operator Macau Legend Development Ltd launched on Friday an up to $786 million initial public offering in Hong Kong, according to a term sheet of the deal seen by Reuters. The company and shareholders Lam Fong Ngo and Grand Bright are...
Brazil’s JBS agreed to buy Marfrig’s Seara poultry unit
SAO PAULO, June 8 2013 (Reuters) – Brazil’s JBS SA, the world’s largest meat producer, will announce the purchase of Brazilian poultry producer Seara, a unit of Marfrig Alimentos SA , in the coming days, a source with knowledge of the operation told...