PacWest Bancorp agreed to purchase CapitalSource for $2.3 billion in cash and stock. PacWest Bancorp (PACW), a California-based bank holding company, has agreed to buy commercial bank CapitalSource Inc.
Sectors
Vivendi, to sell Maroc Telecom Stake for EUR 4.2 Billion
Vivendi SA is in talks with Emirates Telecommunications concerning its 53 percent stake in Maroc Telecom.
Global cashmere demand threatens snow leopards
Snow leopards are being threatened by global cashmere demand. In the last two decades, the demand for cashmere almost tripled. UK was one of the top importer of cashmere, which was a multi-million dollar industry.
Hall Raises $5.5 Mln in Series A Funding
Messaging service provider Hall received USD 5.5 million from new and existing investors in series A funding.
How much does it cost to raise a prince?
Raising a prince was basically like raising ordinary children, except much expensive. The Duchess of Cambridge finally gave birth to a son, the prince of Cambridge, who was third in line to the throne.
Latest News
The chairman of Vodafone said that he will seriously consider Verizon's offers for a buy out for as long as it gives value for its shareholders.
Brazil's JBS SA has renewed its program to buy-back up to 10 percent of its common shares in circulation.
The dollar has risen after a month-long slump but the journey upwards is not going to be smooth. From a low of 82. 047 on Monday, the dollar index, DXY has risen to 82.
PetroEdge secures US $100 million funding from Post Oak Energy Capital in partnership with Goldman Sachs.
Planet Fitness has hired corporate finance veteran Dorvin Lively as Chief Financial Officer. Dorvin Lively has been appointed as the Chief Financial Officer of Planet Fitness, a health club franchise that boasts 650 locations and 4.
Riverside Company acquires Blue Microphones, yet the financial details of the transaction were not disclosed.
Oxford Finance gives Continuum Healthcare debt financing amounting to US $11.5 million consisting of revolving credit line worth US $1.5 million and senior secured term loan amounting to US $10 million.
Frontier Capital, a private equity firm, invests in recruitment process outsourcing WilsonHCG. Private equity firm Frontier Capital reportedly invested in WilsonHCG, a Florida-based HR consulting and recruitment firm.
Adore Me rakes in US $8.5 million of funding from investors led by Upfront Ventures, Mousse Partners and Redhills Ventures.
