Private-equity leader CVC Capital Partners Ltd. buys Skrill, a British online payment company by Investicorp.
Sectors
Russian economy saved by good harvest
Increased volume of agricultural production propped up Russia's slow growing economy. Russia's economy exhibited indications of development in July, based on new figures released by the state statistics service.
Zayo Group to purchase Access Communications
Zayo Group announced acquisition of Access Communications for USD40 million to further expand its reach in the Minneapolis-St. Paul market.
Falcon Social scores EUR 6 million in new equity funds
Falcon Social raised EUR 6 million in Series A funds for its social management platform. Falcon Social, a Copenhagen-based social management platform, raised EUR 6 million or USD 8 million in its Series A funding round.
Andrew Geczy Joins ANZ Banking Group Ltd. as new Head
Former Lloyds Banking Group Plc executive Andrew Geczy was appointed as new Head to the International and Institutional Banking division.
Latest News
Technology stocks experienced a fair gain with the help of Intel, Facebook and Apple. The technology market experienced a fair increase in the stock market, thanks largely to current top share gain leaders Intel Corp.
Web analytics experts said Google outage for a few minutes resulted to a 40% slump in the global internet traffic and a loss of USD500,000.
Zillow Inc. announced acquisition of StreatEasy for USD50 million as it moves to expand in the New York market.
Ten more Slovenian banks would undergo external stress tests commissioned by the Slovenian central bank.
Cobalt announced failure in Gulf of Mexico oil exploration site. Cobalt International Energy Inc. announced on Monday that their expedition for oil in the Gulf of Mexico failed.
Google was recently awarded the patent to utilize an eye-tracking technology that could establish a pay-per-gaze advertising system.
Chinese drilling services Sino Australia Oil & Gas Ltd. cites 'Market Volatility' in Asia for delayed Initial Public Offering.
St. Jude Medical bought Endosense for USD331 million. St. Jude Medical Inc. recently acquired Endosense SA for USD 331 million to add to the former's electrophysiology portfolio.
According to sources, Lloyds Banking Group has prepared the sale of Heidelberger Leben to Hannover RE, following disposals of other businesses in the overseas market.
