Sungy Mobile Announces Strategic Investment in MobileWoo GUANGZHOU, China, Oct. 2, 2014-- Sungy Mobile Limited, a leading provider of mobile internet products and services globally with a focus on applications and mobile platform development, today announced that it has made a strategic investment into MobileWoo Technology Holdings Limited, a mobile application and internet business based in Beijing and Shenzhen.
Source: Globe Newswire
Monroe Capital Provides $24.5 Million Credit Facility to Consumer Products Retail Company CHICAGO---- Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a $24.5 million senior credit facility to support the acquisition of a consumer products retail company by private equity sponsor, SPK Capital LLC. Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments...
Source: Business Wire
Brazilian M&A deals jump in third quarter despite election fears SAO PAULO, Oct 2- Mergers and acquisitions in Brazil gained momentum in the third quarter despite rising economic and political risks, as foreign companies and private-equity firms scoured for takeover targets, hoping to tap the country's long-term potential. Companies announced $23.26 billion worth of deals in Brazil between July 1 and Sept. 30, up 76 percent...
| By: Guillermo Parra-Bernal
Easy credit flows to US landlords as lenders bet on rental market NEW YORK, Oct 2- Mortgage credit remains. For example, at Boston- based real-estate lender Edward Voccola& Co. clients who borrow to buy rental properties must simply provide identification, the property address and the expected annual rent. The Mortgage Bankers Association's Mortgage Credit Availability Index, which measures the ease of obtaining a home loan,...
| By: Peter Rudegeair
CORRECTED-UPDATE 2-Starboard offers to take RealD private for $12/share Oct 1- Activist investor Starboard Value LP said on Wednesday it has offered to acquire the remaining shares in RealD Inc after raising its stake in the 3 D technology licensor. Starboard offered $12 per share in cash, a premium of 29 percent to RealD stock price as of Wednesday close, valuing the company at about $540 million. RealD's shares rose as much as 26.7...
UPDATE 1-Lab supplies provider VWR prices IPO below indicated price range Oct 1- VWR Corp, a provider of laboratory supplies and services, priced its initial public offering at $21 per share, below the price range it had previously indicated, raising $536 million. VWR, backed by private equity firm Madison Dearborn Partners LLC, had said last month it expected its common stock to price between $22 and $25 per share. The company was sold by...
Barclays Announces Changes to the Atlantic Trust Select MLP Index Atlantic Trust Select MLP Index used as underlying index in the Barclays ETN+ Select MLP ETNs. NEW YORK---- Barclays Bank PLC announced today that following the close of business on Friday, October 10, 2014, the following two index constituents will be added to the Atlantic Trust Select MLP Index:. EQT Midstream Partners LP; Enable Midstream Partners LP.
Source: Business Wire
Target date for Box IPO slides again Plans for an initial public offering at the cloud storage and collaboration company Box have moved once again, Re/code reports.
| By: Arik Hesseldahl
Cramer: How a correction works Further decline in the cards? Mad Money host Jim Cramer dissects today's tape and addresses correction fears. Cramer says it never pays to panic.