Greece’s growing tech scene has aided in the recovery of the country’s economy. According to a Reuters column article, Greece suffered an unemployment rate of 27.
Institutional investors
Fairfax having difficulty in funding for Blackberry offer - sources
Fairfax Financial Holdings Ltd had until November 4 to negotiate a definitive agreement to buy out Blackberry Ltd.
Warburg Pincus to exit from Transpacific stake
Warburg Pincus sold its ownership stake in Transpacific Industries Group at AUD1.05 per share. On Saturday, a Transpacific Industries Group spokesperson said the shareholder Warburg Pincus would be selling its stake in the waste management firm through UBS.
Tech community monitors Chegg IPO
The initial public offering of Chegg was highly anticipated by the technology community following its impressive growth
IPO Market sees high investor participation
Investor hype had been observed in recent initial public offerings. In a report by USA Today, investors were seen in a frenzy to invest into everything that has a ticker symbol.
Latest News
CSC agreed to buy Ignition Partners-backed enterprise cloud management company ServiceMesh. Next-generation information technology services and solutions leader CSC, originally called Computer Sciences Corporation, said it had agreed to purchase ServiceMesh.
New investor Sequoia Capital and other existing investors had backed Berlin-based 6Wunderkinder's USD30 million Series B funding round.
Circle Internet Financial's USD9 million Series A investment would be the biggest funding received by a digital currency startup.
Multicategory retailer Nomorerack's Series B investment round was led by Oak Investment Partners and HTV Industries.
Oracle Corp shareholders had rejected for the second year the executive compensation scheme for CEO Larry Ellison et al.
Twitter IPO volume expected to be fully taken because of increased interest from investors. According to people with knowledge of the matter, Twitter had already attracted more than enough demand to sell all of the IPO shares it can offer.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Novaquest Capital Management lands USD459 million for its Fund III. NovaQuest Capital Management had announced the closure of NovaQuest Pharma Opportunities Fund III LP.
Alexander Mann Solutions was purchased for GBP260 million by private equity firm New Mountain Capital.
