Google invested approximately $100-$200 million in one of the leading social gaming companies of the world, Zynga Game Network Inc., which has already raised about half a billion dollars in venture capital in 2009 alone. The investment closed a about a months ago, but there may be another thing going on, a strategic partnership between [...]
The Export-Import Bank of the United States (Ex-Im Bank) and the government of Vietnam have agreed to a USD$500 million financing facility to boost sales of U.S. equipment and services to Vietnam for high-priority infrastructure projects, backed by Ex-Im Bank financing. Ex-Im Bank Chairman and President Fred P. Hochberg today signed a memorandum of understanding [...]
DiamondRock Hospitality Company has entered into a purchase and sale agreement to acquire the leasehold interest in the 821-room Hilton Minneapolis for approximately $155.5 million. The contractual purchase price for the Hilton Minneapolis is $152.0 million. In addition to the contractual purchase price, DiamondRock has agreed to fund the seller’s cost to defease the existing [...]
PepsiCo, one of the world’s largest food and beverage companies, today announced that it plans to invest an additional US$2.5 billion in China over the next three years. The newly announced investment is in addition to the US$1 billion investment the company announced in 2008, which will be completed this year. “I am delighted to [...]
Alan Mulally, president and chief executive officer of Ford Motor Company, today announced a new ARS 1.000 billion (U.S. $250 million) investment in its operations here during a meeting with Argentina President Cristina Fernandez de Kirchner.The investment, which will be made between 2010 and 2012, will be dedicated to the production of an all-new vehicle [...]
