NakedWines.com received USD10 million new funds from WIV Wein International AG, as the company had plans for expansion into the US and Australian markets.
Consumer Electronics
CORRECTED: Local staff in ECCC remain unpaid, set to strike
Extraordinary Chambers in the Courts of Cambodia (ECCC) was to receive USD4 million as part of the international donor component of its finances.
Ben Affleck cast in 2015 Superman film as Batman
Fresh from the film success of "Man of Steel", Warner Bros has been bankrolling a 2015 production of another Superman sequel with Ben Affleck cast as Batman.
Filmmaker Lucas-controlled trust buys USD10 million in Starbucks stake
In a Form 4 filing done by George Lucas' wife Mellody Hobson with US Securities and Exchange Commission, GWL Living Trust purchased 141,573 shares on August 19 for USD10 million.
IIS and Drivewyze completes Series A funding round
IIS and Drivewyze raises USD7.5 million in its latest Series A funding round. Sister firms Intelligent Imaging Systems and Drivewyze have jointly announced the completion of its latest round of funding that raised USD7.
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Private equity firm Doughty Hanson sold Spanish bus operator Avanza Group to Grupo ADO. Private equity company Doughty Hanson & Co announced the sale of Avanza Group to Grupo ADO, a Mexican bus operator.
The German private sector showed robust growth in August, according to Markit's PMI survey. The private sector in Germany showed signs of growth. A new survey conducted by financial information services company Markit revealed that the Purchasing Managers' Index (PMI) of Germany's private sector increased to 53.
Edcon Holdings, a clothing retailer owned by Bain Capital Partners, suffered sales losses because of its remodeling operations.
China Resources submitted an offer to buy ParknShop, the Hong Kong supermarket chain. China Resouces placed its own bid to acquire ParknShop, said the group's Chief Financial Officer Frank Lai.
Today Fibra Inn said that it had acquired Hotel Camino Real Guanajuato over a deal valued MXN230 million.
L'Oreal's planned expansion into China's beauty markets had been burdened with complications as the country mandates animal testing for every new product introduced to Chinese consumers.
PTAH Holdings announced talks for acquisition of Midwest based trailer leasing company. PTA Holdings Inc announced a plan to purchase an undisclosed trailer leasing company that is based in the Midwest.
On Wednesday, JustFab and ShoeDazzle announced merger in an effort to make a bigger and faster growing online retail company.
Activist investor William Ackman admitted that he made mistakes on all three retailers that included J.C. Penney, Target and Borders Group.
