Deals
IID secures first Venture Capital after 17 years
Cybersecurity company IID (Internet Identity) raised USD8 million from Bessemer Venture Partners as its first venture capital after 17 years.
Apogee Enterprises Inc purchases Alumicor Limited for USD 52 million
Apogee Enterprises Inc acquired Alumicor Limited from Fulcrum Capital Partners and other minority stakeholders in an all-cash transaction worth USD 52 million.
Office Depot completes merger with rival OfficeMax
U.S. office retailer Office Depot Inc. completed a USD976 million merger deal with smaller rival OfficeMax Inc.
Analyze Re gathers USD 1.4 million from investors
Reinsurance company Analyze Re received USD 1.4 million from venture capital companies for financing round.
Latest News
Ignition Partners led the Series B round for Coho Data which raised USD 25 million. Canada-based Coho Data was able to secure USD 25 million in its Series B round.
Eike Bautista's OSX Brazil is to discuss details with last bankrupt employees since this whole morning.
Exclusive rights to supply material provided by Anglo American Plc's formalized. The Kumba Iron Ore unit of Anglo American Plc had agreed to formalize an agreement to provide raw material to ArcelorMittal South Africa Ltd.
The following bids, mergers, acquisitions and disposals were reported on Tuesday. The following bids, mergers, acquisitions and disposals were reported on Tuesday.
ING Groep NV's Canadian online bank is to be known as Tangerine. ING Groep NV's Canadian online bank was purchased by the Bank of Nova Scotia.
Licensing rights would be purchased by Grupa Lotos SA. The second largest refiner in Poland, Grupa Lotos SA, had entered into an agreement to purchase Centrica Plc's oil and gas exploration assets located in the Norwegian side of the North Sea.
PPF Group NV agreed to purchase Telefonica Czech Republic's majority shareholdings. The PPF Group NV of billionaire Petr Kellner had agreed to purchase the controlling stake in Telefonica Czech Republic.
Advantage Rent a Car was hived off by Hertz to comply with regulatory authorities. Advantage Rent A Car would be filing for bankruptcy after Hertz had terminated lease agreements over vehicles that Advantage was able to use in its operations.
The Delaware Chancery Court is the venue for the hearing between Cooper Tire and Rubber Co against Apollo Tyres Ltd.
American Realty is set to have a total of USD15 billion in acquisitions in the near future, Currently, Nicholas Schorsch has his hands full, as his firm American Realty Capital Properties Inc, had nearly USD5 billion in takeovers and his share price declining by 20%.