Online auto-shopping company TrueCar Inc is thinking of going public next year, according to sources.. TrueCar Inc offers free pricing information from over 6,000 car dealers.
Investors
Sitari Pharmaceuticals successfully raises USD 10 million in Series A funding
Sitari Pharmaceuticals, a San Diego, CA-based developer of multiple disease indication treatments with a focus on celiac diseases, raised USD 10 million in Series A funding. The fund would be used to continue supporting research and development of novel treatments for celiac diseases.
Basic-Fit raises EUR 110 million in venture round funding from 3i Group
Basic-Fit, a Netherlands-based discount fitness operator receives a venture round funding worth about EUR 110 million from the 3i Group PLC. Now with an enterprise value of EUR 275 million, this round would help Basic-Fit further into their domestic and international rollout plans.
Herbalife rallies on stock exchange despite Ackman's pyramid scheme charges
Investors showed support in nutrition company Herbalife International on the stock exchange on Friday despite another attack from activist investor Bill Ackman of hedge fund Pershing Square Capital Management.
Fisker Automotive seeks bankruptcy protection
Fisker Automotive Inc filed for bankruptcy and plans for its assets to be acquired by Hybrid Technology. The group included Richard Li, the son of Hong Kong's richest man.
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France's PSA Peugeot Citroen is looking into various ways of expanding its partnership with Chinese state-run car manufacturer Dongfeng Motor Corporation.
Aurora Capital Group has completed its previously-announced acquisition of National Technical Systems. The cash acquisition priced at USD 23 per share was at a 39% premium to the closing price of NTS on August 15.
Tomkins Plc is exploring a sale that could value the private-equity owned global manufacturer of auto parts and building products at as much as $7 billion, several people familiar with the matter said on Friday.
The Board of Directors of global hospitality and travel firm Carlson has given its approval for the evaluation of strategic alternatives for American casual bar and grill TGI Fridays Restaurants.
Florida-based AssuredPartners closed its acquisition of Stoutamire-Pavlik & Associates Inc, an independent insurer located in Monticello Florida. No financial details were given about the deal.
We've been bullish about the opportunities in Bitcoin for a while and are excited to be able to announce that, together with our partners in China at Lightspeed China Partners, we are investors in BTC China.
The following bids, mergers, acquisitions and disposals were reported on Friday, including Microsoft, Comcast, Green Dot, Goldman Sachs and others.
A&B Properties, Inc. announced today that it has agreed to sell Maui Mall to a partnership of Denver-based Alberta Development Partners and an affiliate of Chicago-based Walton Street Capital, LLC.
My Little Paris, a French subscription service a city guide has been acquired this week by Aufeminin. Multiple sources indicate that the transaction was valued at USD 90 million (EU 66.7 million).
