Creative ad platform operator Boost Media Inc. raised USD8 million in seed funding to improve its creative ad platform BoostCTR.
Institutional investors
Source: EU Competition Commissioner to discuss Monte Paschi bailout with Italian minister
EU Competition Commissioner Jaoquin Almunia said that it would discuss a state bailout for Italian bank Monte dei Paschi di Siena with the country's Economy Minister on Saturday.
Sources: J&J puts clinical diagnostics unit on sale
Johnson & Johnson had launched a sale process for its Ortho Clinical Diagnostics unit valued at USD5 billion.
Private equity firms offered USD150 million bid for Miclyn
CHAMP Marlin Holdings and SEA6 Limited offered a total of USD150 million takeover bid for the remaining 25% stake it does not own in Miclyn Express.
Sources: Carlyle and Hellman vie for One Call
Carlyle Group LP and Hellman & Friedman LLC were among other private equity companies that had been vying to acquire One Call Care Management Inc. for a deal valued USD1.5 billion.
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A memorandum of understanding was signed for the financing of SsaangYong Motor in Korea. A memorandum of understanding was signed between Mahindra Finance and Woori financials.
The initial closing of Quadria Capital's second fund raised USD 107 million in capital commitments.
Pharmaceutical platform startup ZappRX received USD1 million in a recent seed funding. Pharmaceutical software startup ZappRX received USD1 million in its recent seed funding.
Matrix, the leading efficient energy management company, was purchased by E.ON Connecting Energies for an undisclosed amount.
Rothesay Life Insurance, the British insurance operations of Goldman Sachs Group, had agreed to sell 30% shareholdings to GIC and Blackstone.
Sources told Reuters that KKR would be favored by Panasonic to acquire a majority stake in its healthcare business.
Banca Carige was advised by the Bank of Italy to make changes in policy and personnel as it prepares for regulatory changes for next year.
Italian investment company Azimut inked a joint venture partnership for Brazil with Legan Administracao de Recursos.
According to a recent Lipper report, there have been fifteen weeks of outflows recorded for 2013. There is a continuous decline in the outflows from US municipal bonds, with numbers dropping below USD1.
