CEO Ferraris of Versace is open to recommendations on possible capital investments or retention of family exclusivity for growth opportunities.
Consumer Electronics
VisibleBrands Raise Funds for Cloud Computing Coupons
Raising funds by VisibleBrands raised US$4.6 million for digital cloud promotions in-store. The close of a Series A round of funding and follow on Series B Convertible Note by VisibleBrands has raised US$4.
Finland Banks on Venture Capital Financing for Growth
The government is seeking venture capital financing for growth without affecting its bottom line. Finland is maximizing venture capital financing as a means to spark the economy out of the doldrums without affecting its current AAA ratings.
EveryMove Expands Capitalization and Technology Availability
Funding has been increased for EveryMove as well as availability of the app in Android's Play Store.
Diageo Improves Offer for United Spirits of India
Diageo is improving its acquisition offer of United Spirits of India. Diageo, the UK drinks company has raised its bid offer for United Spirits of India through a public offer.
Latest News
Italian fashion house Versace plans to accept outside investments to fund expansion in overseas market such as Asia.
Billabong is currently priced at Aus$0.50, much lower than the estimated offer. Billabong International Ltd, the largest surf wear company in Australia, is being bidded out for as low as Aus$0.
Randstad purchases part of USG People's operations at Eur20 million. Randstad, the Dutch staffing firm has entered into an agreement to purchase part of USG People's European operations.
Bertelsmann would be selling off part of its shareholdings in the RTL Group for an estimated Eur1.5 billion.
Obagi's enterprise value increased as Valeant offered a higher share value price of US$24 per share.
Elior buyout financing options are attracting buyout firms and more creative financing. Banks are being asked to provide its very first pure covenant lite debt package from Europe in order to support a buyout of Elior, the French catering firm.
Dubai's flagship carrier Emirates and Australia's Qantas Airways ltd.have announced their alliance which include an extension of their partnerships to include including ground services and catering
Deliv, after a successful financing round, would provide same day services for consumers and retailers in major cities in the US.
The bond issue offered by Oregon amounting to US$204 million is backed by lottery revenue. The Department of Administrative Services of the State of Oregon is now offering US$204 million worth of bonds to the market.
