Today, Peer Advisors LLC had announced its acquisition for Celink, the biggest sub servicer of reverse mortgage loans in the US.
Investors
ShopPad raises USD500k seed funding
ShopPad announced today that it had received a total of USD500k in seed funding from angel investors.
Britain has growing competition between 4G network providers
Two more operators join the 4G race in Britain as it jumps into the superfast mobile top division. Britain is preparing to launch itself into the superfast mobile top division as two more operators launch 4G services.
Fonterra faces legal action from Danone-owned milk formula maker
After global food safety scare, Danone SA unit plans to take legal action against New Zealand's Fonterra.
March trial could risk American Airlines-US Airways merger
American Airlines said that the scheduled March trial for antitrust issues would put its planned merger with US Airways Group at risk.
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The US Senate investigation panel had asked energy regulators to hand over documents from an investigation with JP Morgan Chase & Co.
China Grand Auto is planning for a USD500 million IPO offering in Hong Kong. TPG backed China Grand Automotive Services Co had plans to list at least USD500 million of its shares in the Hong Kong bourse.
Six US banks led by JP Morgan Chase & Co. and Bank of America Corp. had piled up a total of USD103 billion in legal costs.
Endo Health Solutions announced acquisition of Boca Pharmacal for USD225 million. Endo Health Solutions Inc. is a specialty pharmaceutical company manufacturing both generic and branded drugs.
Investec would coordinate lending facilities for two power plants to be built in South Africa. Investec Plc would provide financing for GDF Suez as it develops two South African gas power plants.
Wayra, Telefonica's start-up accelerator announced its second global "Demo Day" scheduled on November 14, 2013.
NoSQL Couchbase received an additional USD25 million in a Series D funding round led by Adam Street Partners.
In a move to legalize online gambling, the state of Delaware through three casinos launched a free Facebook-linked gambling game called "DoubleDown".
Emera Inc. announced that it had entered an agreement to acquire three combined electricity generating plants in New England for USD541 million.
