Scandlines owners Allianz Capital Partners is preparing for the sale of the ferry group. A number of banks are now consolidating debt packages amounting to Eur 1 billion or US $1.
Investors
Eurozones finance ministers to discuss Cyprus bailout
Eurozones finance ministers will meet in Dublin on Friday to discuss a bailout for Cyprus, the cost of which has rise to 23 billion euros from 17.5 billion euros.
Investors’ Rush into Stocks propels stock rally
Investors continue to rush into U.S. stocks, pouring in more than $60 billion into mutual funds and ETFs.
Nasdaq Cuts Greifeld's Bonus over Facebook IPO fiasco
Nasdaq OMX Group Inc's chief executive Robert Greifeld's 2012 annual bonus has been slashed over the mishandling of Facebook's Inc. initial public offering last year.
First Solar Purchases TeraSun
First Solar acquires TeraSun for an undisclosed amount. First Solar will be undertaking a new path in the silicon solar panel business with the acquisition of TetraSun, a start up based out of the Silicon Valley.
Latest News
Protective Life Corp (PLN) is set to acquire Mony Life Insurance Company from parent AXA SA for $1.06 billion to access its life insurance policies portfolio.
Private equity firm Serent Capital has invested in Optimal Blue, a leading mortgage technology provider.
Three big venture firms may team up to provide funding for startups working with Google Glass, the hybrid eyeglasses and smartphone developed by Google.
Yahoo!, the U.S. biggest Web portal, has engaged the services of private equity veteran Jacqueline Reses as it struggles to reinvent itself and stay relevant.
Led by Norwest Venture Partners, iRhythm Technologies latest funding round was able to raise US$16 million.
India’s online retailer Snapdeal has raised funding estimated to be between $30 million and $50 million from eBay and Recuit Co of Japan.
Panviva Pty Ltd receives Aus$4 million from SBI Jefferies Asia Fund. Leading developer of software solutions for business processing guidance, Panviva Pty Ltd, announced that it was able to obtain equity financing worth Aus $4 Million in its Series B financing round from SBI Jefferies Asia Fund.
Agbiome LLC will use the raised funds from its Series A financing to finance its R&D and marketing activities.
Private equity form LDC sells kidsunlimited to Bright Horizons Family Solutions. A leading global provider of child care sponsored by employers has purchased kidsunlimited for the amount of GBP 45 million.
