Canada-based dairy firm Saputo Inc has again increased its stake in its takeover target, Australia-based dairy supplier Warrnambool Cheese and Butter Factory Ltd, from 20.141% yesterday to 21.392%.
Deals
Addison Capital's Gowanda Holdings purchases TTE Inc
Addison Capital portfolio company Gowanda Holdings said it had bought Los Angeles, California RF and microwave filters designer and maker TTE Inc for an undisclosed amount.
EQT plans London listing of food outlet operator SSP
Stockholm-based private equity firm EQT Partners intends to list British food outlet operator SSP on the London Stock Exchange in June this year. The food outlet operator could be worth £2 billion ($3.3 billion).
San Francisco's Radius scores $13M to improve workflows for salespeople
San Francisco, US-based big data firm Radius raised $13 million in a funding round led by Formation8 Partners to spot great leads and improve workflows for salespeople.
Canada's Dorel Industries Inc announces acquisition of Israeli firm Tiny Love Ltd
Canadian juvenile products and bicycle company Dorel Industries Inc said it had signed a share purchase deal to acquire Israel-based baby products and developmental toy firm Tiny Love.
Latest News
NSP Semiconductor Chief Executive Officer Richard Clemmer told Bloomberg that he is thinking of making as much as $1.5 billion in acquisitions of semiconductor companies that complement its core operations.
Schaft Inc Co-Founder Takashi Kato has launched 246 Capital, a fund that seeks to invest in technologies by Japanese startups and universities not noticed by investors, Bloomberg reported.
San Francisco, US-based social coding firm GitHub purchased web design startup Easel for an undisclosed amount, according to a blog published by GitHub earlier today.
England-based rigid plastic packaging products supplier RPC Group PLC has added Bosnia and Herzegovina-based injection molder Helioplast d.o.o. in a deal valued at £8.4 million ($13 million).
Tencent Holdings Ltd, the biggest Internet firm in Asia, invested an unconfirmed amount in China-based cab booking app Didi Taxi to promote its payment service to mobile web users.
India-based Lanco Infratech Ltd is considering a sale of its Australian unit, Griffin Coal Mining Co, so it could help pay debt, according to sources interviewed by Bloomberg.
Qihoo 360 Techology Co., China's second-largest search engine by users, on Thursday dismissed rumors that e-commerce major Alibaba Group Holding would pick up a stake in the company. Qihoo shares surged 9.3% on Wednesday on speculation the two companies were in talks over a deal.
Pharma giants Novartis International AG and Merck & Co. Inc. are reportedly negotiating an asset trade of about $5 billion each. Novartis wants to exchange its animal health and human vaccines businesses for Merck's over-the-counter health products unit.
China-based car parts conglomerate Wanxiang has sweetened its bid for failed US electric car maker Fisker Automotive in a battle with its rival suitor, Hong Kong-based firm Hybrid Technology.
