Brisbane-based veterinary giant Greencross announced its intention to buy pet retail chain Mammoth Pet Holdings in an acquisition deal that is valued at USD330 million.
Corporations
GSN files lawsuit against Bash Gaming after latter backs out from acquisition deal
The Game Show Network insisted that Bash Gaming pay a premium based from the difference between its initial acquisition offer and the amount the latter received from an unnamed buyer after Bash rejects GSN's deal at the last minute.
Playful jabs between heads of Gawker and Business Insider spurs potential merger, partnership rumors
Nick Denton and Henry Blodget played down rumors of a potential merger between blog collective Gawker Media and Business Insider in a media conference and discussed about a partnership using Gawker's Kinja comments platform.
Yahoo puts more than 100 domains for sale at up to USD1.5 million each
Yahoo's old domain names might fetch lower prices that current retail prices on the domain names market due to the sale of new domain names with non-traditional extensions (gTLDs) by Donuts and GoDaddy, said VentureBeat.
Mexico's Sigma finalizes full takeover for Spain's Campofrio
Mexico-based food conglomerate Sigma Alimentos announced it plan to take over Spain's meat processing company Campofrio after it agreed to buy 40% of of the Spanish company from its current shareholders.
Latest News
US-based global private equity firm Advent International signed an agreement to purchase a USD1.1 billion minority stake in Ocensa, Colombia's biggest oil pipeline in terms of capacity.
Virginia-based tech firm A-T Solutions acquired counterterrorism firm GreenLine Systems for an undisclosed amount to reinforce the border protection and transportation security of the US.
Singapore-based consumer-to-consumer marketplace mobile startup Carousell snagged USD800,000 in seed funding to be used for the development of its app and expansion efforts in Southeast Asia.
Although big companies like eBay Inc and Amazon.com wanted to get a significant piece of the growing e-commerce market in Russia, smaller e-commerce retailers like Borderfree and Modnique had the allowance to overcome Web and payment hurdles.
Finland-based mobile social messaging startup Jongla recently raised EUR1.4 million in a funding round from Oy Ingman Finance to be used for the development of its youth-oriented messaging app.
California-based company Selligy raised USD2.8 million in a Series A round to fund the integration of its customer relationship management (CRM) app with iPad and Android devices.
Online real estate company Redfin said it has raised $50 million from investment companies Tiger Global Management and T. Rowe Price Associates, making it the latest venture capital-backed company to look to nontraditional backers for venture funding
Houghton Mifflin Harcourt Co, the textbook publisher that emerged from bankruptcy last year, priced its initial public offering at $12 per share, below the range it guided towards earlier this month.
Popular photo sharing service Snapchat turned down a USD3 billion acquisition bid from social media giant Facebook, saying the company will not start considering offers until next year.
