North America

Blackberry Sets Quantum Science Fund

Blacberry founder forms Quantum Science fund for technology development. The venerated inventors of Blackberry Mike Lazaridis and Doug Fregin are again in partnership to set up a fund that would foster the growth, development and commercialization of quantum science technologies.


Ziggo Shareholdings from Cinven and Warburg Pincus to be Reduced

Cinven and Warburg Pincus Investments to Lower with share sale in Ziggo. Cinven Cable Investments and WP Holdings IV BV are said to be reducing its shareholdings in Ziggo NV.

New Strategic Plans for K&G Brand

Men's Wearhouse drafts plans to improve K&G brand. Men's Wearhouse Inc would be exploring a foolproof plan for its K&G brand which includes a move to repurchase additional shares amounting to $155 million.

Summit REIT Acquires Properties and Funding

Summit REIT expands portfolio and funding sources. In an announcement, Summit Industrial Income REIT said that it has completed the acquisition of fifteen light industrial properties in several locations, namely Greater Toronto, Moncton in New Brunswick and Edmonton in Alberta.


Latest News

New investors infuse capital for development and growth of Liquid Robotics. Liquid Robotics had raised US$45 Million in financing, specifically Series E financing.
NewsCred has expanded its funding base with new infusion from Mayfield Fund and others to the amount of US$15 million.
Cleary joins Tullis Health to help in its expansion plans. Michael Cleary was recently appointed by Tullis Health Investors as its new Director of Investor Relations and Marketing.
US$6 million raised from fund sources for Earlybird. In an announcement, Earlybird Venture Capital announced the completion of US$6 million Series A funding for the first social marketplace focused on fashion, Videdressing.
Affymax's drug recall Ormontys caused decline of the company. Pharmaceutical firm Affymax continued its decline after it fired nearly three fourths of its labor complement and is now in the process of opting for a sale or declaration of bankruptcy.
Sequoia Capital leads capital funding for Pyramid Analytics. The premiere company that provides data driven decision making to end users at all levels has announces the closure of its latest funding round.
BGI-Shenzhen acquires Complete Genomics after regulatory approvals from China and the US were obtained.
Blackstone contemplates matching or even surpassing Silver Lake bid for Dell privatization. The Blackstone Group is contemplating to bid for Dell Inc in an amount over and above the proposed US$24.
AmerisourceBergen does a deal with Walgreen and Alliance Boots. AmerisourceBergen, the pharmaceuticals distribution giant, has entered into a ten year distribution agreement with Walgreen Co and its associate Alliance Boots GmbH.
Paulson moves for suit dismissal alleging lack of obligation. Paulson and Co has sought the dismissal of the lawsuit that alleged the firm conspired with Goldman Sachs Group Inc to entrap the bond insurer to guarantee payments for an investment scheme that is designed fail.
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