American Airlines and US Airways gave concessions to EU antitrust regulators to get their authorization over a planned merger.
Investors
Kings Park Capital sells IHS stake to US investment fund
Battery Ventures, a US-based firm, acquired IHS GmBH from Kings Park Capital but details about the transaction were not disclosed.
[x+1] acquires WDA
[x+1] announced the acquisition of mobile marketing technology leader, WDA. [x+1] announced the acquisition of WDA. This acquisition allows [x+1] integration of WDA's technology and media sources with [x+1] Origin data management platform.
Methes Energies secures debt financing loan
Methes Energies Canada Inc., a subsidiary of Methes Energies International Ltd. secured a CDN$1.6 million financing loan.
Avantor expands distribution agreement with VWR
Avantor Performance Materials announced the expansion of their distribution agreement with VWR International, LLC.
Latest News
Allen Edmonds was exploring a potential sale of the firm for US$150 million to US$200 million. Allen Edmonds, a men's dress shoe corporation, was exploring a possible sale of the company.
Insmed Incorporated announced the pricing of their initial public offering of 6 million shares Insmed Incorporated announced the pricing of its initial public offering of 6 million shares for its common stock.
Private venture development company Elevate Ventures shelled out US $50,000 in favor of Curvo to fund the company’s early-stage activities.
HomeAway entered Asia-Pacific via Travelmob acquisition. HomeAway has acquired a majority stake of 63% Travelmob, a Singapore-based startup. This acquisition allowed the vacation rental site to enter the Asia-Pacific region and compete directly with Airbnb.
Severn Trent Plc spent GBP19 million for counselling, legal and related costs in its buyout approach.
Loyalist Group Limited announced the US$8 million acquisition of MTI Community College Inc. Loyalist Group Limited announced the acquisition of MTI Community College Inc.
Xamarin raised US$16 million in Series B round. Xamarin announced that it raised US$16 million in Series B round. The round was led by Lead Edge Capital.
Infinity Resources Holdings Corp acquires the remaining 50% shares of Quest Resource Management Group for its subsidiary, Earth911 Inc.
Billabong gets an unsolicited refinancing offer a day after it accepted a rescue package from Altamont Capital Partners and GSO Capital Partners.
