Europe
ZiLift Receives £4 Million Boost for Artificial Lift Technology, Targeting $6 Billion Dollar Oil and Gas Extraction Market
ZiLift, an Aberdeen, Scotland-based provider of artificial lift solutions for the oil and gas industry, has received a growth capital investment of £4 million (US$7 million).
European start-ups court crowds for cash
cash-hungry companies are increasingly turning to an alternative form of financing known as crowdfunding.
Penta, Eastbridge to hold 74 pct of EM&F after tender
Czech private equity group Penta Investments and Luxembourg-based Eastbridge Group will together hold 74 percent of Polish retailer Empik Media & Fashion after a public tender.
Fitness First close to debt-for-equity deal
British gym chain Fitness First is close to agreeing a debt-for-equity swap that will see existing private equity owner BC Partners give up its stake, two sources with knowledge of the process said on Friday.