Food-related companies like Hampton Creek Foods are seeing a rise in financial support from private equity firms and angel investors in the past few months to develop plant-based alternatives to food like eggs.
Deals
MRC Global says will buy Stream AS for about $260M including debt
MRC Global Inc. announced today that it has entered into an agreement to acquire privately held Stream AS for approximately $260 million including the assumption of debt.
Scripps acquires video news provider for $35M in cash
The E.W. Scripps Company has acquired Columbia, Mo.-based digital video news provider Newsy, a five-year-old startup that has built its early success on a multi-source, multi-platform approach to storytelling.
Banks sell Stemcor's loans to hedge funds-bankers
Lenders to troubled Stemcor, the world's largest steel trader, have been selling their exposure to hedge funds and distressed debt specialists before a key restructuring deadline on December 13, banking sources said on Monday.
HealthLoop raises USD10 million from Series A funding round led by USD175 million Canvas Venture Fund
HealthLoop, a maker of an automated patient health assessment platform, received USD10 million in Series A funding from investors led by Canvas Venture Fund and also participated by Subtraction Capital and other institutional investors.
Latest News
Adobe Systems Inc and other major software providers like Microsoft Corp and SAP had to shift its priority to cloud software after experiencing lackluster sales in their hardware-dependent software products.
China Everbright Bank Co Ltd's USD2.8 billion float on Tuesday follows the steps taken by peers Huishang Bank Corp Ltd (3698.HK) and Bank of Chongqing to prepare a financial buffer against bad loans in the near future, said a Reuters report.
Dairy products company WhiteWave Foods is set to acquire organic food producer Earthbound Farm from its existing shareholders including founders Drew and Myra Goodman and Kainos Capital for USD600 million.
Giordano Lombardo, the Group Chief Invesment Officer of Pioneer Investments, said investors should consider pruning their US equities holdings as the economy shows signs of improvement, according to a Bloomberg report.
The European Aeronautic Defence and Space Company or EADS plans to cut anywhere from 5,000 to 6,000 jobs and sell its Paris headquarters as part of its reorganization program, Le Figaro newspaper reported.
St. Martins Group, Kuwait's property investment vehicle in the UK, has paid around GBP1.7 billion to purchase the More London complex which includes Mayor Boris Johnson's headquarters.
Venn Life Sciences has purchased Belfast, Ireland-based clinical research organization Medevol Limited in a deal valued at USD0.67 million, to strengthen Venn's operations in the UK.
Tyco International Inc's South Korean security systems unit ADT Caps is reportedly attracting bids from private equity firms including KKR & Co LP and Bain Capital.
The Genetic Engineering & Biotechnology News or GEN website revealed its top 30 list of venture capital firms for biotechnology and pharmaceutical companies. This report summarizes those who have made it to the top 10.
