The USD4.2 billion purchase by Shire Plc of ViroPharma Inc is the highest purchase on EBITDA rates for a biotechnology firm in history, as the price is 58 times EBITDA.
North America
Forstmann Little & Co narrows bidders to five for talent agency- sources
According to sources interviewed by Bloomberg, New York-based private equity firm Forstmann Little & Co had shortened its list of potential bidders for IMG Worldwide Inc, its talent agency, to five.
Email productivity startup Yesware makes first acquisition
Boston-based email productivity startup Yesware made its first acquisition by buying troubled San-Francisco based email file sharing startup Attachments.me, which would also be shutting down today.
Atomico Ventures scores USD 476.6 million for Atomico III
Atomico Ventures was able to raise USD 476.6 million for its third fund, based on an filing submitted to the US Securities and Exchange Commission on October 25.
Top economic events to November 25
This is a summary of key economic events and central bank speeches, likely to affect the global economy through the foreign exchange, equity and debt markets.
Latest News
Veterans Day is an official United States holiday that honors people who have served in armed service, also known as veterans.
Bitcasa Inc., a cloud storage company based in California, raised USD11 million in its venture round funding. Bitcasa has raised USD19.5 million since it's launch in September 2011.
Toll Brothers Inc would be seeking to acquire the amount needed to finance its USD1.6 billion acquisition of Shapell Industries Inc and refinance its 4.95 notes due next year.
After Twitter's IPO and the expansion of Facebook, other social media services such as SnapChat, WhatsApp and other social networking sites compete against one another.
Canadian retailer Sears Canada would be exiting from its ownership in eight real estate properties for CAD315 million after suffering from company losses.
The amount that private-equity firm KKR & Co would use to acquire Brickman Group Ltd would come from its ongoing North American fund worth over USD8.3 billion and other financial pools.
For its Amazon prime members, Amazon had entered into an agreement with the US Postal Service into providing deliveries to customers on both Saturdays and Sundays.
Sydney, Australia-based DesignCrowd claimed that its crowdsourcing marketplace was more fair and transparent to freeland designers, and intended to expand its business in the US.
The USD25 million funding Jessica Alba's The Honest Company had raised would go towards implementing its growth plans, including a potential expansion in the Canadian market.
