BlikBook Gears Up for Continuous Growth with Another Financing

UK's BlikBook continues its growth as it enters another round of financing to defray investment costs and business expansion.


Britain Hopes to Breathe New Life Into ‘Tech City’

Future Fifty hopes to encourage start up companies in UK to expand globally and be at par with Google and Amazon.

LVMH Buys Majority Stake of Italy’s Premiere Cashmere Maker

LVMH takes over majority of Loro Piana for US $2.57 billion LVMH Moet Hennessy Louis Vuitton agreed to buy 80% of Loro Piana SpA, one of the premier textile producers in Italy, for US $2.

Advantage Insurance Taps GSO of Blackstone Group for Portfolio Advice

Advantage Insurance enlists the help of GSO Capital Partners, a Blackstone Group affiliate, as its portfolio advisor.


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The company, more popularly known for its sewing machines, aims to rake in as much as US$200M from IPO.
Osram Licht AG's shares dropped by 2.4% and settles at Eur 23.65 on Monday Osram Licht AG, a German lighting and specialty lighting manufacturer second only to Philips, saw a drop in its shares by 2.
Avnet Inc. publicized that it entered an agreement to purchase the European distributor, MSC Investoren GmbH.
Allergan Inc became US$9.6 billion cheaper for acquirers who would want to purchase the Botox wrinkle treatment.
Citigroup's private equity firm, Citi Venture Capital International would buy India's Sansera Engineering for US$56 million.
In a conference held today, the IEA said that they need US$300 billion to finance the Power Africa project.
Signal Hill sponsors Boston-based Launchpad Venture Group. In an announcement today, investment bank Signal Hill said that it became a major sponsor of Launchpad Venture Group.
In a recent study, the United Kingdom leads the merger and acquisitions investments in Africa. Companies from the United Kingdom have made the most investments in mergers and acquisitions in the African continent within the last 10 years, according to a study made by Freshfields Bruckhaus Deringer.
Data Device Corporation, Behrman Capital's unit, bought National Hybrid Inc. from API Technologies Corp. for US$32.5 million.
Japanese company Olympus offers its stock, both new and existing, to overseas markets to raise funds for research and debt payment.
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