In an announcement made today, Groupon said it has completed its $260 million acquisition of LivingSocial Korea, which is the holding company of Korean ticket and e-commerce company Ticket Monster.
Deals
Norwegian private equity firm HitecVision invests in DeepWell
Norway-based private equity group HitecVision has announced a growth capital investment in well intervention services provider DeepWell AS in a deal that marks HitecVision's entry into the well intervention industry.
Media conglomerate Cox Enterprises buys back stake in AutoTrader for $1.8B
Cox Enterprises, a media conglomerate based in Atlanta, has bought back its 25% stake in e-commerce company AutoTrader Group for $1.8 billion. Cox sold the said stake to private equity firm Providence Equity Parters for $640 million in 2010.
Cooper Tire terminates merger talks with Indian manufacturer Apollo Tyres
US-based firm Cooper Tire & Rubber Company announced via press release that it has called off its merger plans with India-based manufacturer Apollo Tyres and will focus on building its business instead.
Hong Kong toy maker Roam & Wander closes new funding round for US expansion
Hong Kong-based children's entertainment startup Roam & Wander successfully raised an undisclosed amount of funding from Hong Kong and Taiwan angel investors as it prepares to expand its US retail operations.
Latest News
Newport News, Virginia-based nuclear services provider Huntington Ingalls Industries has picked up Broomfield, Colorado-based environmental engineering company SM Stoller Corp in a deal, of which financial terms were undisclosed.
Greek containers and oil products firm Global Ports Investments has closed the acquisition of Russian firm NCC Group to become Eastern Europe's biggest container terminal operator.
Bunge North America Inc., a unit of food processing company Bunge Ltd, has put up for sale its remaining stake in Ergon BioFuels LLC for an undisclosed sum. The said stake will be bought by its joint venture partner Ergon Inc.
Keppel Telecommunications & Transportation Ltd is planning to list its real estate investment trust or REIT, Bloomberg reported. Meanwhile, The Wall Street Journal reported that the Singapore-listed company intends to raise more than $400 million for its data center businesses.
Indian business tycoon and Cosmo Films Ltd Chief Executive Officer (CEO) Ashok Jaipura bought the Malaiwana luxury residences estate in Phuket, Thailand for an undisclosed sum.
Herzaliya, Israel-based National ID Electronic Intelligence solutions provider SuperCom announced the completion of its purchase of the Smart ID division of On Track Innovations.
China Gold International, a Vancouver-based gold miner, is interested in acquiring gold or copper mines in Canada, but is not willing to overpay for it. China Gold is backed by China's biggest gold producer China National Gold.
Fisker Automotive, the bankrupt maker of plug-in hybrid sports cars, seeks a bankruptcy court ruling rejecting the company's sale to Chinese auto parts company Wanxiang Group. Fisker blames Wanxiang for its bankruptcy.
In its first-ever acquisition, Seattle-based online dating site LikeBright picked up Utah-based matchmaking software firm MatchMate and is now embarking on a $1 million fundraising round.
