iZotope Inc received USD12 million from ABS Capital Partners. One of the leading audio technology company announced a USD12 million investment from ABS Capital Partners.
Investors
Gallagher to acquire Giles for USD370 million
Arthur J. Gallagher & Co. announced acquisition of Giles Group of Companies for GBP237 million. Arthur J. Gallagher & Co. had agreed to purchase Giles Group of Companies for GBP237 million.
CIBC seeks CAD1 billion wealth management acquisitions
The Canadian Imperial Bank of Commerce said that it had been seeking CAD1 billion wealth management acquisitions as it tried to boost profit.
Finnish state fund says to reduce stake in TeliaSonera
A Finnish state fund had reduced its stake in telecoms group TeliaSonera by 10% and said to sell 68 millions shares of common stock.
Pexco LLC to buy Spectrum Plastics
Pexco LLC announced to buy Spectrum Minnesota, an injection molder of advanced thermoplastics operator.
Latest News
Tech and media site AllThingsD reported that Answers.com bought Easy2 Technologies for less than USD20 million.
The acquisition of Hawaiian Beach Rentals and Vacation Rental Agent by VacationRoost Group expands the client services available to the public.
Credit rating agency Standard and Poor's (S&P) said in a court filing that the reason US Justice Department filed a case against them was to get back for downgrading US' credit rating last August 2011.
China Merchants Bank Co. announced that it had raised USD27.5 billion listed on the Shanghai Stock Exchange.
Europe's biggest bank, HSBC Holdings Plc, said it had appointed Florian Fautz to be its global head for mergers and acquisitions.
Amidst falling revenues and declining stock values, Samsung plans the holding of a strategic conference for its future.
New policies are being instituted to make 'shadow banking' safer for market players, according to the European Union.
Bridgepoint Advisers Ltd. announced it hired Goldman Sachs for the sale of its Dutch textbook firm asset.
Panasonic President announced the firm's withdrawal from the Japanese smartphone market as well as the reduction of its smartphone operations.
