Jennifer Harris

Cerberus Capital Management will acquire the North American operations of paper products producer Stora Enso for $2.52 billion, in one of the few mega buyouts to be signed since the advent of the credit crunch.

GreatPoint Energy is backed by venture firms like Kleiner Perkins and Draper Fisher Jurvetson, but the company brought in institutional investors for its third round of fundraising.

NEA, a US venture firm, has made an investment in Novatium Solutions, an early stage India company trying to bring internet computing to the masses.

Cerberus Capital Management will acquire the North American operations of paper products producer Stora Enso for $2.52 billion, in one of the few mega buyouts to be signed since the advent of the credit crunch.

Growthworks Canadian Fund and HSBC Capital (Canada) were awarded "deal of the year" honors from Canada's Venture Capital & Private Equity Associations for their investments in Galleon Energy and Encore Group, respectively.

Several US investment banks this week revealed billions in losses stemming from unsyndicated leveraged loans, while a new study has found Lehman Brothers is significantly more overextended than its peers.

Sun Capital's public securities arm has offered $544 million for apparel marketer Kellwood.

Growthworks Canadian Fund and HSBC Capital (Canada) were awarded "deal of the year" honors from Canada's Venture Capital & Private Equity Associations for their investments in Galleon Energy and Encore Group, respectively.

Following accusations of a 'contrived game', shareholders of the maker of Bazooka gum and Major League Baseball trading cards have voted to approve a $9.75 per share buyout by Madison Dearborn Partners and Michael Eisner's Tornante.

Several US investment banks this week revealed billions in losses stemming from unsyndicated leveraged loans, while a new study has found Lehman Brothers is significantly more overextended than its peers.