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Cinedigm rises on ‘film release’ deal

Bloomberg Cinedigm Corp., a digital distributor of movies and other programming, jumped the most in three months after striking a deal to release films online and in theatres in China. The agreement with Starrise Media Holdings Ltd., a former textile company that entered the media business two years ago, sent shares up as much as 14 percent. The agreement also ...

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Kuwait to join Gulf bond rush with plans for dollar sale

Bloomberg Kuwait is weighing plans to sell dollar-denominated bonds, according to people familiar with the matter, joining other Gulf Cooperation Council states also said to be considering sales. Officials from the oil-rich Gulf nation have held talks with banks about the possibility of a sale as soon as the first quarter, two of the people said, asking not to be ...

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San Francisco solar firm nabs $55mn to expand into Africa

Bloomberg Off Grid Electric, a San Francisco-based company that develops rooftop solar and battery systems in Africa, has raised $55 million as it expands into Ghana. The Series D round was led by Helios Investment Partners and included GE Ventures, the venture capital subsidiary of General Electric Co., Off Grid said in a statement. The company’s Ghana expansion is part ...

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