Series B fundraiser saw STAT-Diagnostica raise US$22.1 million. STAT-Diagnostica disclosed the conclusion of its Series B growth financing round that earned an estimated amount of US$22 million or EUR17 million.
Institutional investors
Hertz Private Equity Backers Sell Off
Hertz's private equity shareholders sell of interest. In an announcement, Hertz Global Holdings Inc said that private equity firms of Clayton, Dubilier & Rice, the Carlyle Group and the Bank of America Merrill Lynch have exited their ownership in the company.
Buffett's Firm Divests Moody's Shares
For the third straight time, Buffet's Berkshire Hathaway has sold off Moody's shares. In another surprising move, Warren Buffett's Berkshire Hathaway has sold another 1.
Clustrix Raised US$16.5 Million from Current Investors
Clustrix raised US$16.5 million from investors totalling US$46.5 million overall. On Monday, Clustrix announced the recently concluded funding round that was able to raise an estimated amount of US$16.
Flexitallic to be Acquired by Bridgeport
Flexitallic, the sealing product specialist has been acquired by international private equity firm Bridgeport.
Latest News
US$7 million was raised by Merchantry from both old and new investors. In an announcement by Merchantry today, it disclosed that its Series B of Financing had raised US$7 million with Kite Ventures heading the round.
Corsair, the gaming components expert, has received US$75 million investment from Francisco Partners.
Inergy Midstream to purchase Crestwood Midstream for an estimated US$1.25 billion. Inergy Midstream LP is a pipeline partnership that was traded publicly a year and a half ago.
A small number of Verizon Communications shareholders are willing to pay up to 30% premium for Vodafone shares.
Buffett denies speculation that Suntech is in the list of acquisitions of MidAmerican Energy. The chairman of Berkshire Hathaway, Warren Buffett has indicated that he has no plans to purchase Suntech Power Holdings Co.
The private equity owners of Neiman Marcus are either selling off the asset or would list an IPO to raise capital funds.
A consortium of private equity firms are in the process of buying out BMC Software. A consortium consisting of Bain Capital and Golden Gate Capital Corp are near to finalizing a deal that would lead to the acquisition of BMC Software.
Ray Irani bids adieu to Occidental. Occidental Petroleum Corporation's Chairman Ray Irani was ousted from his position as Chairman last Saturday by the shareholders of the firm.
The Special Committee of Bioniche Life Sciences responded to the request for a special meeting with a letter saying no.
