Hulu again engages the services of Guggenheim Partners for the possible sale of the online video streaming service site.
Consumer Electronics
Seaworld IPO nets US$702 million
Seaworld sold 10 million shares at US$27 per share totaling US$702 million. SeaWorld Entertainment Inc is backed by Blackstone Group LP, which has priced the shares for initial public offering of the theme park operator at US$27 per share.
Johnson and Johnson Divestment Clouds Takeover Bid
Johnson and Johnson accounted for 92.3% of shares bought back, complicating matters for the Royalty Pharma takeover of Elan Pharmaceuticals.
Series A Investment of GBP5 Million for Fits.me Attained
GBP5 million was raised in the latest Series A financing round for Fits.me. Fits. me announced today that its Series A investment round had reached approximately GBP5 million.
TerraSim Acquired by Riverside
TerraSim is acquired by Riverside. Pittsburgh, Pennsylvania-based TerraSim, has been acquired by The Riverside Company. TerraSim has been added to Riverside's platform of Bohemia Interactive Simulations.
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OPAP, the Greek gaming monopoly, received two bids according to privatization firm HRADF. One of the first privatization deals of Greece had a lukewarm response from the international market.
UCP purchases VKontakte majority shareholdings from founding stockholders. United Capital Partners, the Russia focused investment fund, has purchased 48% of shareholdings of VKontakte, the top social network in Russia.
Fenway Partners, the owners of the Riddell helmets brand and others, is now in the process of selling off its assets.
Zeder Investments is purchasing Capespan Group shares from Total Produce. A private investor in agricultural companies has announced that it would be purchasing in Capespan Group Ltd, South Africa's biggest fruit export company.
Molinare TV obtains investment funds from Saphir Capital Private Equity Fund. The renowned post production house based out of London, Molinare TV & Film Limited was able to secure financial investments from Saphir Capital Partners.
Indigo Group through funding was able to complete the acquisition of six quick service restaurants. In an announcement, Indigo Group LLC conveyed to the public its completion of the acquisition of six quick service restaurants that are based in East Texas.
Fusebill gets much needed capital infusion from OMERS Ventures and Covington Capital. OMERS Ventures, the venture capital investment arm of OMERS, one of Canada's largest pension plans, invested $2 million to Fusebill.
The approval by the mayor's executive committee pushes the casino plan forward for Cadillac Fairview and MGM.
ING US, the subsidiary of Dutch ING Groep NV would be offering 64.2 million shares in its IPO priced between US$21 and US$24 per share.
