Sectors
Cinven, to refinance GBP 438 million buyout with debt
Private equity firm Cinven seeks the help of banks to refinance buyout of Host Europe Group. Cinven has started approaching banks for debt proposals to help in refinancing the firm's GBP 438 million (US$671 million) buyout of Host Europe Goup, an internet domain and hosting company.
Zynga shares drop after abandonment of real-money gaming
Social games provider Zynga Inc loses investors and revenue after announcing abandonment of real-money gambling plans.
CORRECTION: Oracle expects US$38.87 billion in revenues for fiscal year 2014
Oracle signed a nine-year deal with Salesforce to boost its efforts on cloud computing and hardware enterprise.
BEST Funds pours in CAD 4 million in Intelligent Mechatronic Systems R & D
Intelligent Mechatronic Systems received CAD 4 million investment from BEST Funds. BEST Funds, a venture capital firm based in Toronto, invested CAD 4 million in Intelligent Mechatronic Systems Inc.




