The Royal Appliance Mfg. Co. acquired assets of Oreck Corporation after US Bankruptcy Court ruling.
North America
Zacks: Health insurance is “thriving under stress”
According to Zacks, the health insurance industry is “thriving under stress”. The health insurance industry was "thriving under stress," according to Zacks.
Big Data company Ayasdi hits US$30.6 million in venture capital
Ayasdi reported that it has raised US$30.6 million in venture capital funding from Citigroup and GE Capital
Sauce Labs announces successful US$5 million funding and product enhancements
Sauce Labs reported that it had successfully raise US$5 million in funding and has started product enhancements.
Arthur Ventures closes US$45 million venture fund
Arthur Ventures announced the closure of their new US$45 million venture fund. Arthur Ventures reported the completion of Arthur Ventures Growth Fund II, L.
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The Cuba Beverage Company signs distribution agreement with New York and New Jersey's largest independent wholesale distributor, White Rose.
KKR and Blackstone started open ended mutual funds to attract individual investors. Kohlberg Kravis Roberts had introduced to individual investors an open-end mutual fund and now, one of the United States' biggest private equity firm, Blackstone is doing it too.
Ping Identity Corp stated that it raised around US$44 million from private equity and venture capital investors.
FishHawk Partners raised US$30 million and is to be invested heavily in manufacturing sector. FishHawk Partners LP, a new Houston-based private equity company, had accumulated up to US$30 million from investors.
The Stephens Group revealed that it has acquired Silicon Valley's Bay Area Internet Services. The Stephens Group, a private equity firm, acquired Bay Area Internet Services.
CBS Corp. entered into discussions with a private equity firm hoping to sell its outdoor business for around US$225 million.
Water Street Healthcare Partners announced that they have invested US$50 million in RTI Biologics to help it acquire Pioneer Surgical Technology.
Ultimately, the determinant as to the increase or decrease of the value of an asset is the foreign currency exchange.
The acquisition of Alexion Pharmaceuticals Inc. could possibly break records as the most expensive purchase in biotechnology.
