Wall Street firms Stonybrook Capital and Brooks, Houghton & Company announced that they will take on competitors together.
Sectors
Scottish gaming tech company receives support from venture capitalists
GamesAnalytics raised GBP860,000 in public and private funding. An Edinburgh-based company which provides predictive modelling technology to video game programmers secured GBP860,000 in private and public funding.
Aston Capital creates new fund for LED projects
Aston Capital created LightCap I Fund to finance LED lighting projects. Aston Capital announced the creation of LightCap I Fund to finance LED lighting installations and purchases for Revolution Lighting Technologies clients.
Joe's Jeans acquires Hudson Clothing
Joe's Jeans announced that they have signed an agreement to purchase Hudson Clothing. Joe's Jeans Inc. announced that they have signed a definitive stock purchase agreement with Hudson Clothing Holdings, Inc.
Third Point Re files for US$250 million IPO
Third Point Re announced that they plan raise US$250 million through an initial public offering of its common stock.
Latest News
LCS-Westminster revealed plans to invest more into retirement communities amid difficulties in the sector.
MedImpact acquired ScriptSave and its co-pay system to help the firm improve its services. MedImpact Healthcare Systems, Inc. , the United State's biggest privately held supplier of pharmacy benefit management services, announced acquisition of Medical Security Card Company's ScriptSave from Charlie Horn, its founder, and private equity investor, Monitor Clipper Partners.
Reports state that private equity investments in Israel in the first half of 2013 have dropped by as much as 50%.
Cudos Capital revealed that it acquired Navatar Group to help the firm expand its services. Navatar Group, a leading cloud provider for financial companies, announced that Cudos Capital AG has effectively acquired Navatar Private Equity CRM.
EQT Corp announced the sale of its Sunrise pipeline unit to EQT Midstream Partners LP EQT Corp announced the sale of their Sunrise pipeline unit to EQT Midstream Partners LP.
Cupid traded Flirt.com and other casual dating sites to Max Polyakov of Grendall for GBP43.1 million
In an attempt to lure investors, Monte dei Paschi removed the bylaw stating that other investors will own no more than 4% of total shares
Barrick temporarily stopped the construction of the controversial Pascua-Lama gold mine project due to a court suspension issued last Monday.
There are basic lessons to be learned about management of forex risks. One of the biggest and most liquid of all financial markets is the foreign exchange market.
