Warrnambool Cheese and Butter Factory is now the subject of a three way battle as bidders Bega Cheese, Saputo and Murray Goulburn all seek to be the owner of the manufacturer of brands such as Sungold Milk and Great Ocean cheese.
Funding
Bain Capital LLC is in discussion for the acquisition of TI Automotive
With an earlier attempt at acquisition two years ago, Bain Capital now is in advanced discussions for the purchase of TI Automotive, the maker of fuel tanks and other automotive components.
Venezuela's PDVSA to sell bonds to shore up dollar reserves
Petroleos de Venezuela SA is set on selling USD4.5 billion worth of bonds to increase scarce international reserves as well as curb the fastest rising inflation rate in the world.
6Wunderkinder closes USD19 million in Series B funding from Sequoia
Berlin-based task management company 6Wunderkinder raised USD19 million in a Series B funding round to be used for the firm's expansion in the US and business development.
Scanadu raises USD10.5 million for medical tricoder project
Health device innovator Scanadu recently raised USD10.5 in a Series A funding led by Relay Ventures for the development and marketing of its urine analysis tool for smartphones.
Latest News
UK-based pet retailer Pets at Home will be put up for an initial public offering by American multinational private equity firm KKR & Co LP. Said listing would be worth GBP1.5 billion.
Virginia-based tech startup FoundationDB raised USD17 million in a financing round led by Sutter Hill to be used for the expansion of its reliable database project.
SmartThings received USD12.5 million in a Series A financing round led by Greylock and Highland Capital for its hub that allows smart devices to communicate with each other.
The Carlyle Group announced the closure of the latest collateralized loan obligation, which is the company's way of investing into the market through global market strategies and solutions, real assets and corporate private equity.
NorthEdge Capital invests GBP25.5 million in chemicals manufacturer Fine Industries Ltd of the Teeside, UK area to boost the company's presence and production for its future.
itBit is a digital currency exchange that provides the latest platform for Bitcoind trading in differing currencies such as the US Dollar, Singaporean Dollars and in Euros.
Solicore announced the first closure of its preferred shares A1 financing round with the participation of both new and existing investors to raise USD4 million in funding.
Yododo, the largest online travel community in China, raised USD4 million in Series A funding for the expansion and improvement of its products and services.
Majid Al Futtaim Holding LLC announced that it will be acquiring a Jourdan branch of the Middle East supermarket chain Spinneys. This year, the company also acquired a minority stake in Majid Al Futtaim Hypermarkets LLC.
