Spanish telecomms company Telefonica has offered cash and shares of German unit for KPN's E-Plus.
Corporations
Elastic Path Software receives C$12 million in financing
Elastic Path Software received C$12 million worth of funding from several investors including Yaletown Venture Partners.
Evercore Names New Senior Managing Director to Establish Singapore Office
Investment advisory firm Evercore announces new senior managing director appointed to set up Singapore branch.
India's Everstone Capital buys minority stake in HLF
Everstone Capital agreed to acquire a significant minority stake in Hinduja Leyland Finance. Everstone Capital revealed that it had agreed to invest around INR200 crore in Hinduja Leyland Finance.
Baxter Gains Conditional Approval to Purchase Gambro
Baxter International wins approval of EU after divesting of CCRT. Dialysis products specialist Baxter International Inc. (BAX) earned conditional approval to purchase Sweden-based competitor Gambro AB from the European Union.
Latest News
Activist hedge fund Third Point LLC decided to sell back 40 million worth of shares to Yahoo Inc. On Monday, Third Point LLC, an activist hedge fund, agreed to sell 40 million worth of shares in Yahoo back to the internet company.
Pharmaceutical giants Pfizer, AstraZeneca and Novartis are among those to propose bids for Onyx Pharmaceuticals.
Hasbro Games remakes classic games and gains 19 percent increase in sales. World-famous toymaker Hasbro Inc. (HAS) is showing promising results in the sales of its games through iPad.
ReNeuron receives GBP 12.8 million funding for the clinical trials of its stem cell technology. Arthurian Life Sciences Ltd. has facilitated the funding commitment worth GBP 12.
KytoBioPharman announced its intent to acquire Barbados Sea Island Cotton Inc. Kyto BioPharma Inc. announced that they have submitted a Letter of Intent for the acquisition of all outstanding common shares of Barbados Sea Island Cotton Inc (BSC).
Ingram Micro and BuyCell Wireless Group signs distribution agreement. Ingram Micro Inc. (IM), announced that they have entered into an agreement with BuyCell Wireless Group, LLC, (BCWG).
ElasticPath closes CAD12 million financing plan with venture capital firm, Yaletown Venture Partners.
Millicom announced that they are in preliminary negotiations for the EPM merger. Millicom announced that they have made a preliminary deal to merge the company's Colombian operations with Empresas Publicas de Medellin's (EPM) fixed line business.
Carey Watermark gives up its 49% stake amounting to US $22.6 million in favor of its partner, Ensemble Hotel Partners.
