CareCloud acquired $20 million in series B funding after Tenaya Capital led the round. (Photo : Reuters)This is a representation of cloud technology. CareCloud acquired $20 million in Series B funding today.

Franklin Templeton completed its buyout of Pelagos Capital Management. (Photo : Reuters)This is the logo of Franklin Templeton Investments. Franklin Templeton Investments finalized a deal to acquire the remaining 80 percent stake of Pelagos Capital Management, an investment firm focused in alternative investments.

A second option was added by Mengniu Dairy to its proposed acquisition for Calyle-backed Yashili International Holdings Ltd.

Johnson Controls is looking to sell its automotive electric unit after competitors failed to gain buyout interest.

British bank Lloyds said that there had been no political interference on the firm to sell a total of 632 branches to the Co-operative Group.

According to two sources, Springer Science's owners have entered new and intense discussions with BC Partners after rejecting the latter's previous offered bid.

Itau Unibanco Holding SA announced on Monday acquisition of 51% stake in Cencosud's credit card business.

Canadian restaurant chain, Tim Hortons faces another pressure from activist investor, Scout Capital Management after its announced stake increase in the company by 5.5% from the previous 1.5% as of the end of March.

Johnson & Johnson announced that it would pay US$1 billion to Aragon Pharmaceuticals and its experimental drugs for prostate cancer treatment.

Last Tuesday, Third Point LLC announced that it had raised its stake in Sony Corp to 70 million shares valued at US$1.4 billion.