South Korean communication app maker Line would stand to be valued at USD8 billion should it go public, according to information technology news site The Next Web.
Investors
G1 Therapeutics raises USD 12.5 million in Series A funding round led by MedImmune Ventures
Pharmaceutical firm G1 Therapeutics scored USD 12.5 million from MedImmune Ventures and other investors in its Series A funding round.
Cotton Creek Capital acquires Royal Baths
Texas-based private equity firm Cotton Creek Capital bought Royal Baths Manufacturing for an undisclosed amount.
PPF in discussions to acquire Telefonica's Czech unit
PPF Group, a Czech investment group, had discussed with Telefonica regarding a possible acquisition deal for the Spanish telecoms' unit in Czech Republic.
Regulator allows China Everbright Bank to conduct overseas share sale
The China Securities Regulatory Commission approved the application of China Everbright Bank Co to hold a share sale overseas and raise USD 2 billion.
Latest News
A Wall Street Journal report might have indicated that Apple Inc had sold more iPhone 5S units than the cheaper iPhone 5C units.
Monte dei Paschi foundation had been in discussions with the Italian Treasury regarding a stake sale deal, said sources in a Reuters report.
The therapeutic protein molecule Anticalin would be the subject of the an agreement between Zydus and Pieris.
Serbia's committee for economic cooperation would be travelling to the UAE to discuss a loan agreement.
Advance Auto Parts would acquire General Parts International to form the largest automotive aftermarket parts provider in North America.
AXA sold EUR 350 million or USD 474 million in catastrophe bonds, the largest bond offering of the securities designed to protect insurers from the risk of payouts for extreme storm damage.
Web company Nginx Inc closed its Series B financing round with USD 10 million in capital commitments.
According to a magazine report, Liberty Global had been planning a complete takeover of Dutch cable company Ziggo.
Vox Media would be raising USD40 million in investment funding to expand its editorial coverage by producing more video reports.
