Venture Capital

Rackspace may take itself private – TechCrunch

July 2 (Reuters) – Cloud service provider Rackspace Hosting Inc may take itself private and is in talks with a private equity firm to fund the deal, technology blog TechCrunch reported on Wednesday,…

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China’s Huaxia Dairy gets $106 mln from GIC, Olympus consortium

HONG KONG, July 2 (Reuters) – China’s Huaxia Dairy Farm Ltd said on Wednesday it has received $106 million in investment capital from a consortium led by Singapore sovereign wealth fund GIC and…

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Shelf Drilling to cancel IPO – City A.M.

July 1 (Reuters) – Oil-rig contractor Shelf Drilling will scrap its plan to list on the London Stock Exchange because of insufficient interest, Britain’s City A.M. reported on Tuesday citing…

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