Open-Xchange raised US$20 million for cloud services expansion. Open-Xchange received funds worth US$20 million from United Internet, Hermann-Josef Lamberti, and existing shareholders.
Corporations
UCP Inc announces pricing of IPO
UCP Inc announced the pricing of its initial public offering for 7,750,000 worth of stocks. UCP Inc announced the pricing of the company's initial public offering.
Suntory plans buyout offer for Del Monte Pacific
Suntory Beverage & Food Ltd. planned to spend more on purchases and considered Del Monte Pacific Ltd. as its new takeover target.
Erste's capital hike nets Eur632 million
Erste's capital hike raised net proceeds of Eur632 million. Erste Bank Group stated that it had a capital increase this month. This was after the group's foundation decreased its stake.
First Data Corporation and Profit Technologies merge for Asian financial market
First Data Corporation and Profit Technologies announced that they would work together to provide better service to financial clients in the Asian market.
Latest News
Renewable Energy Corp ASA (REC)announced plans to spin off a business unit for US$133 million. Renewable Energy Corp ASA (REC) announced that the company plans to spin off its solar unit in a deal that was valued at US$133 million or NOK800 million.
Sika expands its venture as it acquires Radmix Resources and its partner Australian Synthetic Fibres.
Singapore's Redmart raised a Series A round to increase valuation. Redmart, a Singaporean online grocery store, raised funds through a Series A round held recently.
Threshold Power Trust announced that to raise funds for further investments, they will be taking the company public.
San Gold Corporation announced that they were able to acquire a 100% interest in mineral claims owned by Wildcat Exploration Ltd.
According to the latest data from Dow Jones VentureSource, US venture investment declines. Dow Jones VentureSource, a data service of Dow Jones & Co.
Trian Fund Management LP's CEO, Nelson Peltz said that PepsiCo should buy Mondelez for around US$67.8 billion in an all-stock deal.
Almalden Minerals Ltd announced that were able to raise US$16.9 million from their non brokered private placement
Texas firms took a breather and said “time out” on M&A activity. "Texas followed the nation in taking a breather from M&A activity in the first half of the year," said Chad Watt.
