Payvia purchases Mogreet for its service enhancement. In an announcement by the leader in online and mobile payments, Payvia, it said it had purchased Mogreet, the renowned cloud-based communications program that enables businesses to entertain their mobile clients using enhanced media, video and text messaging.
Sectors
Softbank Issues Waiver for Sprint
Softbank issues a waiver of some of the provisions of the merger agreement to allow Sprint to discuss and negotiate with Dish despite their standing agreement.
No More Info, Dell Tells Icahn
Dell's Special Committee tells Icahn to complete bid or no more information would be given to him and Southeastern Asset Management.
El Corte Ingles Seeks Restructuring Plan
El Corte Ingles now seeking restructuring its debt and other obligations. The largest department store chain in Europe, El Corte Ingles SA, has engaged the services of Morgan Stanley to assist in the drafting of a restructuring plan for its Eur5 billion debt.
Willis Group Hires Investment Banker
Willis Group Insurance hires Michael Guo, a former investment banker. The world's third largest insurance broker, Willis Group Holdings Plc, has engaged the services of Michael Guo as its new head of Asia for capital markets operations.
Latest News
Zyme Solutions receives new capital infusion. Zyme Solutions disclosed on Monday that it accepted new equity capital infusion to enable them to increase its growth to be able to meet the demand for its solutions.
Websense purchased by Vista Equity Partners. The world leader in providing security to organizations from the recent data theft and cyber attacks, Websense, Inc, disclosed that it got into a finalized acquisition agreement by the primary equity firm that concentrates on investments in data, software and technology based businesses, Vista Equity Partners.
KazAgro raises half of its projected US$2 billion Eurobond issue programme. KazAgro, the state holding firm of Kazakhstan, has raised US$1 billion in its initial Eurobond issue.
Goldman Sachs is in the process of selling off all of its ICBC shares in the Hong Kong bourse. Goldman Sachs is now in the process of selling its shares in the Hong Kong bourse.
GrubHub and Seamless to merge to form largest takeout delivery service company. The nation's leading service in take out orders, GrubHub Inc and Seamless North America LLC, announced on Monday the signing of a finalized merger agreement.
Electranova Capital invests in Forsee Power for development and growth purposes. In an announcement, Electranova disclosed its investment in Forsee Power Solutions.
Actavis is set to purchase Warner-Chilcott for specific purposes. Actavis Inc, the generics pharmaceutical company, has announced its intention to purchase Warner Cholcott Plc, the specialty pharma company.
PICC to offer IPO in both Shanghai and Hong Kong bourses. The state controlled insurance firm PICC Property and Casualty Co Ltd announced last Monday that is preparing for a planned right issue of shares in both Shanghai and Hong Kong bourses.
Pactera Technology received a letter of intent from Blackstone and Pactera management officers to bid for the firm.
