Pershing Square acquires 9.8% stake in Air Products for US$2.2 billion

Pershing Square Capital shareholder William Ackman unveils the finalization of its purchase of Air Products & Chemicals.


Marketing analytics company Datorama secures US$3 million from Cedar Fund, Innovation Endeavors

Investment firms Cedar Fund and Innovation Endeavors invested in marketing technology specialist Datorama.

Ascension Health Ventures puts money in healthcare technology specialist Quantros

Venture capital fund Ascension Health Ventures backs healthcare technology innovator Quantros. Healthcare technology provider Quantros announced earlier today that it has received an investment from Ascension Health Ventures (AHV).

Test prep specialist Kaplan purchases Grockit

Test prep industry leader Kaplan acquires Grockit's learning platform and assets. International test prep service provider Kaplan announced earlier that it has purchased the social learning platform and test prep assets of Grockit for an undisclosed amount.


Latest News

Hansen Medical secured US $98 million funding from both new and old investors. The proceeds will be used for product development.
Dropcam gets additional US $30 million funding, raising its total capital to US $47.8 million Dropcam announced on Wednesday that it managed to raise US $30 million in third round funding, led by investor Institutional Venture Partners.
Alleghany Corp augmented its investment in Ares Management by putting in an additional US $250 million equity.
Wild Craze secured a US $2 million loan from TCA Global, which it intends to use for expansion. Wild Craze Inc. gets a business boost after TCA Global Credit Master Fund agreed to extend a US $2 million senior secured loan to the company, with an initial draw down of US $300,000.
John's Incredible Pizza gets US $17.4 million investment from Praesidian Capital. John's Incredible Pizza secured US $17. 4 million, representing first lien debt, from Praesidian Capital, one of the market leaders in debt capital options for small & medium businesses and mid-sized organizations.
Sanlam, South Africa's leading life insurer, shells out US $24 million in favor of First Strut.
BMC Software Finance Inc. said it intends to offer USD 1,380 million in senior notes through a private placement.
A source said that unless Dell's special committee revises the voting standard, talks of Dell's buyout by CEO Michael Dell and private equity firm Silver Lake will collapse.
IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
Merz Pharma acquires Neocutis in an effort to boost its presence in the field of both medical and cosmetics.