Lithium Technologies announced today that it had raised USD50 million in mezzanine financing. Lithium Technologies is the leader in Social Customer Experience.
Investors
KKR and Primera undertakes its exit plan
The sale of 11% over Prosiebensat.1 is the start of the exit of KKR and Primera from the business. ProsiebenSat. 1 private equity owners are selling off an 11% share in the free-to-air broadcaster from Germany.
Citigroup subsidiary to merge with Rohatyn Group for specific purpose
TRG is the new firm formed from the merger of Citi Venture Capital International and Rohatyn Group. In order to manage emerging-markets assets, Citigroup Inc has laid out plans to combine its Citi Venture Capital International with the Rohatyn Group under undisclosed terms.
Microsoft will buy Nokia's handset biz using USD60 billion offshore holdings - report
According to an investigative report by the Huffington Post, Microsoft Corp would be dipping into its USD60 billion offshore holdings to finance its Nokia handset business acquisition in cash.
Lithium Technologies receive USD50 million in latest funding round
Nearly USD50 million was received by Lithium Technologies in its latest funding round. One of the developers of social-networking software solutions for firms, Lithium Technologies Inc, announced the raising of USD50 million during a funding round.
Latest News
US investment firm Starboard Value LP voiced his opposition of the Smithfield Foods Inc.'s takeover bid by Shuanghui International Holdings Ltd. in a letter addressed to his co-shareholders on Tuesday.
After working with Fidelity Special Situations Fund for five years, Sanjeev Shah would step down as manager of the fund according to a statement from Fidelity Worldwide Investment.
The government of Afghanistan would be looking for favorable bidders for the privatization of the New Kabul Bank.
The Financial Conduct Authority (FCA) fined Aberdeen Asset Management GBP7.2 million for not Financial Conduct Authority (FCA) said that it would impose a GBP7.
A grant-loan from the Belgian government would expand the water and sanitation services in Iten, Kenya.
Opposition Members of the Parliament (MP) expressed their concerns over the UK government not providing enough protection for Royal as the universal postal service near privatization.
Vivus Inc. announced a new chief executive officer in the person of former Johnson & Johnson executive Seth H. Z. Fischer after Tony Zook resigned due to health issues.
According to Michael Dell, three proxy firms had recommended shareholders to vote for the founder's offer to take the computer maker private.
Alitalia SpA engaged advisory services Italian firm for corporate restructuring help. Gruppo Banca Leonardo was engaged the services of Alitalia SpA to assist in the raising of hundreds of millions of Euros before the year's end.
