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Alexandria Real Estate seeking to raise $20 million to back digital health in S.F.
2015-01-13 14:30:14| Real Estate - Topix.net
Alexandria Real Estate Equities, the real estate firm that helped transform Mission Bay into a thriving life-science hub, now wants to raise up to $20 million to build digital-health companies from scratch in San Francisco. Alexandria, the nation's largest owner and developer of real estate for the life-science industry, said in August that it would start three new accelerators nationwide to support startups in biotech, agriculture and digital health.
India's Zomato in talks to raise $100 million after U.S. acquisition
2015-01-13 10:45:42| Apparel - Topix.net
Indian restaurant search services provider Zomato acquired U.S.-based rival Urbanspoon for about $50 million in one of the biggest overseas deals by an Indian startup and a company executive said it was in talks to raise about $100 million in fresh funding. India's rapidly growing Internet- and mobile-based companies have attracted billions of dollars in funding in the last couple of years from foreign investors including Japan's SoftBank Corp and Temasek Holdings Pvt Ltd [TEM.UL].
Tags: us
million
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acquisition
Express, Lululemon Raise Outlook
2015-01-12 15:46:06| Jewelry - Topix.net
Express Inc. and Lululemon Athletica Inc. boosted their outlook Monday as they joined several other retailers in reporting a better-than-expected holiday-shopping period, although high-end jeweler Tiffany & Co. said it ended the year on a disappointing note.
Tags: express
raise
outlook
lululemon
Political tensions raise risk to Bangladesh RMG
2015-01-12 14:04:00| Daily apparel & textile news and comment - from just-style.com
Renewed political tensions and violence in Bangladesh in the first week of January may dent investor confidence in the country and raise risks to growth in the key ready-made garment (RMG) sector, a leading credit ratings firm has warned.
Tags: risk
political
raise
bangladesh
Box to raise up to USD 187 mln in IPO
2015-01-12 09:20:00| Telecompaper Headlines
(Telecompaper) Cloud storage provider Box is moving ahead with its IPO plans. The company said it plans to sell 12.5 million shares for USD 11-13 each. With an over-allotment option to sell another 1.875 million shares, Box could raise a maximum USD 186.9 million. The shares will be listed on the New York Stock Exchange. The company said it plans to use the proceeds of the offering for general corporate purposes, including working capital, operating expenses and capital expenditures. According to its most recent figures, Box generated a net loss of USD 129 million in the nine months to October, on revenues of USD 154 million.
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