Indigo Parners LLC said it would go ahead with its plan to acquire Frontier Airlines despite its failure to reach a labor deal with its flight attendants.
Investors
Numericable IPO raises record amount in four years
By raising USD875 million on its market debut, Numericable recorded th biggest IPO in the French market for the past four years.
Chinese investors buy New Zealand resort
Chinese firm CRED Real Estate bought New Zealand's Pepper's Carrington resort for an undisclosed amount.
Essilor agrees to buy sunglass maker Costa for USD270 million
Opthalmic lens maker Essilor announced it plan to buy sunglass company Costa for USD270 to tap the growing market of prescription sun lens.
Path nabs more than USD7 million funding from Dustin Moskovitz, friends and family - source
Path reportedly received additional funding at more than USD7 million amid departures of its team members.
Latest News
Manitoba Telecom Services Inc may sell stock for pension plan after Canada says no to Allstream sale
After regulators rejected the plan to sell its Allstream business division to Egyptian firm Accelero Capital Holdings Sarl Group, Manitoba Telecom Services Inc said it might sell its stock to fund the shortfall of its pension plan.
Espresso Logic raised USD1.6 million today as seed funding to make mobile APIs using data logic from reactive programming.
British technology company Captive Media managed to raise GBP250,000 through crowdfunding to launch the world's first urinal game.
Oktopost closed USD800,000 seed round to bridge social media marketing and business-to-business (B2B) masses.
GoCoin secured USD 550,000 for its seed round from various global investors. Singapore-based GoCoin announced that it had secured USD 550,000 for its seed funding round.
NewWorld Capital made a strategic investment in Astrum Solar together with CCM US and Constellation.
News aggregator closed USD1.8 million in a Series A financing round led by Advance Publications. News aggregate startup Newsle secured USD1. 8 million in Series A funding this week.
NMI Holdings raised USD 27.3 million in a share sale after selling the shares at the top end of its price range.
Austrian property company said its BUWOG unit is buying 18,000 flats in Germany to increase its portfolio.
