Takeda purchases Inviragen for a total of US$250 million. In a joint statement of Inviragen, Inc and Takeda Pharmaceutical Company Limited, it disclosed that Takeda's fully owned company,Takeda America Holdings, Inc, have entered into a final acquisition agreement.
Investors
SCG Financial Obtains US$24 million loan from Kayne Anderson and Comvest
Comvest Partners with Kayne Anderson opens a US$24 million loan facility for SCG Financial Acquisition.
Quicksilver Resources Withdraws its IPO
Quicksilver Resources withdraws its IPO because of weak natural gas liquid prices. In a bittersweet move, Quicksilver Resources has withdrawn its IPO plans because of weak natural gas liquid prices.
TrialReach Funding Led by Octopus
Octopus leads funding round for TrialReach totalling GBP2 million. In an announcement today by Octopus, it disclosed that it headed the growth finances round of TrialReach by GBP2 million.
US$20 Million Additional Finances for Foodpanda
Additional financing was obtained by FoodPanda for its delivery services. The Berlin based online food delivery business, Foodpanda, was able to obtain a US$20 million additional funding as reported by Reuters.
Latest News
ING is now divesting assets and undertaking cost cutting measures in order to comply with bailout requirements.
More and more hedge funds are infusing money into cash strapped municipal governments. In the last twenty years, specialized private equity firms have lorded corporate bankruptcies, being called 'vultures' and at the same time infusing capital for these distressed companies.
Dangote to build refinery with funds Africa's wealthiest man, Aliko Dangote, announced that he has negotiated loans amounting to US$4. 25 billion to fund the construction of a refinery to help the African continent's biggest crude oil producer be weaned from gasoline imports.
Katara Hospitality is set to acquire an unnamed hotel in London. Katara Hospitality of Qatar is nearing the completion of the acquisition of its first hotel property in London.
Qatar Petroleum would do IPO for four companies it now owns. In a statement, Executive Board Member of Qatar Holding said the state owned Qatar Petroleum would be offering shares in four of its units in the next few years.
Statkraft AS sells interest in German power producer EON SE. The biggest utility company in Norway, Statkraft AS has sold off its 4. 2% shareholdings in EON SE, the largest power producer in Germany.
Almarai Co is to offer nearly US$500 million debt bonds for its expansion program. Almarai Co is a Saudi Arabian food conglomerate that is currently operating a joint venture project with PepsiCo Inc.
Reconstituted tobacco leaf related companies from Norway's portfolio fund. The sovereign wealth fund of Norway, which is also the world's largest, has excluded Schweitzer-Mauduit International Inc and Huabao International Holdings Ltd from its corporate portfolio due to their involvement with tobacco production.
Health Care REIT acquires 75% of shareholdings, including debt and prepares for the IPO. Health Care REIT has agreed to pay Revera Inc, the Canadian senior housing operator, the amount of US$697 million in cash in exchange for a majority ownership in the 47 senior housing communities it operates.
