Hasbro paid US$112 million cash for a 70% stake in Backflip Studios. Hasbro made a cash payment of US$112 million to acquire a 70% stake in Backflip Studios.

Cincinnati-based Fort Washington Capital has launched two new funds. Fort Washington Capital Partners Group, a private equity fund manager based in Cincinnati, had submitted its plan to launch two fresh investment funds that should raise a combined valuation around $150 million.

Seculert's anti-malware technology raised US$10M from series B round. Seculert conducted a Series B round and raised funds amounting to US$10 million.

Equifax acquired TrustedID for about US$30 million. Equifax, a credit company, bought TrustedID for an estimated US$30 million. TrustedID merged with the Personal Solutions division of Equifax.

Osram price dropped by 4% on first trading day. Osram Licht AG's opening price today fell by as much as 4% on its first day of trading. The company opened at Eur 25 but then dropped to as low as Eur23.

Mark Mobius of Templeton Emerging Markets Group considered investing in Africa. In a statement Mark Mobius released, he said he was considering private equity investments as one of the ways to tap growth in Africa.

The NSW state government expressed their intent to sell heritage building in Sydney New South Wales state government expressed their intent to sell two of Sydney's most significant heritage buildings as it enters the second round of property sales.

US stocks rose for a third consecutive day yesterday. US stocks have risen for a third consecutive day as investors eagerly await the start of second-quarter earnings season amid news of euro-area finance ministers approving the aid for Greece.

UK's BlikBook continues its growth as it enters another round of financing to defray investment costs and business expansion.

In a conference held today, the IEA said that they need US$300 billion to finance the Power Africa project.