Wood Flooring Market in China Flourishes with Boom in the Real Estate Industry

With the rapid growth in the real estate industry in China and fast pace of urbanization, the market for wood flooring in the country has grown steadily in the last couple of years. Currently China is the largest wood flooring manufacturing and exporting country in the world. In the year 2013, the output of wood […]

Zomato Raises $60 Million in Fresh Round of Funding

The restaurant discovery and search service, Zomato, has closed a further $60 million in funding. With this the post-money valuation of the company has become $660 million. This round of funding comes from India’s Vy Capital and existing backers Sequoia Capital and Info Edge. This takes total funding to much more than $113 million. Pankaj […]

American Toy Making Multinational Hasbro considering DreamWorks Animation Acquisition

Hasbro which is a toymaker is in advance acquisition talks with DreamWorks Animation. Under the terms of the deal, Hasbro would pay a mix of stock and cash. The chief executive of DreamWorks Animation, Jeffrey Katzenberg is seeking over $30 per share – a considerable premium over his company’s current stock price. DreamWorks Animation’s shares […]

Financial Data Provider Dealogic acquired by Carlyle Group

The Carlyle Group has agreed to acquire a data and software company, Dealogic which caters to investment banks for around $700 million. Based in Washington, the private equity giant Carlyle said that it would acquire Dealogic from its founders and managers, who plan to invest equity in the deal. Carlyle added that it had teamed […]

Danone acquires 25 percent stake in Yashili, the Chinese Dairy Firm

Danone SA, dairy giant will acquire a 25 percent stake in Yashili International Holdings Ltd of China for $550 million, gaining an additional route into the booming Chinese market for infant milk formula. Danone’s Dumex brand is battling to win back consumers after it lost ground in China with accusations of bribery, high prices and […]