Skuldtech announced that it had secured additional funding from Bpifrance worth EUR 1 million to develop a new therapy for Alzheimer's.
Investors
Corridor Capital acquires majority stake in Innovative Office Products
Corridor Capital purchased Innovative Office Products for an undisclosed amount. Private equity firm Corridor Capital closed its acquisition of Innovative Office Products (IOP).
Adventus Realty Trust inks deal to purchase Crossings office complex for USD 35.5 million- sources
Sources told ChicagoRealEstateDaily.com that Adventus Realty Trust would buy Crossings for a price tag of USD 35.5 million.
Deutsche Bank to extend tenure of co-chief Jürgen Fitschen
Investors of Deutsche Bank would be voting for the tenure extension of co-chief executive Jürgen Fitschen to end March 31, 2017.
Accel-KKR buys majority stake in EA Holdings
Accel-KKR bought a majority stake in EA Holdings. Private equity investment company Accel-KKR announced that it had bought majority shares in EA Holdings.
Latest News
La Française announced that it had entered into a strategic partnership with global real estate investment management firm Forum Partners.
Wynnchurch Capital announced its plans to exit its mineral firm and two of its automotive parts companies.
Vodafone Group has only a few hours left to acquire 75% of Kabel Deutschland's shares to tender its EUR7.7 billion or USD10.2 billion offer.
Premier Li Keqiang said the Chinese economy was stable and that reforms would push through as planned.
A released August report by the Treasury Department indicated that the US government would be looking to exit American multinational automaker General Motors (GM) as the state recently sold USD811 million of GM's common stock.
Sheryl Sandberg met with the State Council Information Office (SCIO), an Internet regulator, in China yesterday.
Nickel producer Norilsk denied reports that it would be acquiring a stake in potash firm Uralkali. Norilsk Nickel said it was not interested in acquiring a stake in Uralkali.
The Telegraph reported that Royal Dutch Shell had postponed its refinery project worth USD 1.3 billion in eastern China.
According to Motorola CEO Dennis Woodside, the factory is able to produce 'tens of millions' per year.
