Messaging service provider Hall received USD 5.5 million from new and existing investors in series A funding.
Investors
AHT Cooling Sale Attracts Bidders Bridgepoint, EQT
Private equity firms Bridgepoint and EQT express interest in purchasing refrigeration equipment company AHT Cooling.
Richman Group Closes $291 Mln Worth of Tax Credit Funds
Richman Group closed a total of USD 291 million of tax credit funds. Richman Group Affordable Housing Corp, a top equity fund sponsor for housing, closed a USD 166 million fund that includes a portfolio of properties scattered in 18 states and USD 125 million fund in New York, bringing up the total to USD 291 million.
Telefonica, KPN Merger Challenges Europe M&A Regulations
Telefonica's merger with German KPN unit has posed a dilemma to the European Commission. Telefonica SA (TEF) and Royal KPN NV are testing European regulatory stipulations with their upcoming merger of mobile-phone units in Germany.
NatureBox Gains $8.5 Billion in Series A Funding
NatureBox Inc received USD 8.5 billion from investors Softbank Capital and General Catalyst Partners.
Latest News
Raising a prince was basically like raising ordinary children, except much expensive. The Duchess of Cambridge finally gave birth to a son, the prince of Cambridge, who was third in line to the throne.
Investors have now raised their longer-dated Treasuries after Bernanke appeased their worries. After Federal Reserve Chairman Ben Bernanke appeased worries about increasing interest rates, investors have now raised their holdings of long-dated Treasuries.
The Bank of Cyprus is thinking of restructuring its operations into retail and asset management. The Bank of Cyprus is considering the possibility of splitting its operations as part of its restructuring scheme.
PacWest Bancorp agreed to purchase CapitalSource for $2.3 billion in cash and stock. PacWest Bancorp (PACW), a California-based bank holding company, has agreed to buy commercial bank CapitalSource Inc.
The chairman of Vodafone said that he will seriously consider Verizon's offers for a buy out for as long as it gives value for its shareholders.
Brazil's JBS SA has renewed its program to buy-back up to 10 percent of its common shares in circulation.
The dollar has risen after a month-long slump but the journey upwards is not going to be smooth. From a low of 82. 047 on Monday, the dollar index, DXY has risen to 82.
PetroEdge secures US $100 million funding from Post Oak Energy Capital in partnership with Goldman Sachs.
Riverside Company acquires Blue Microphones, yet the financial details of the transaction were not disclosed.
