New York-based investment firm Sandell Asset Management has again pressured FirstGroup, the owner of Greyhound bus, to split the company and revamp its operations, Bloomberg reported.
Sectors
Green Gateway Fund leads €1.5M round for Switzerland's OTI Greentech Group
OTI Greentech Group, a Switzerland-based cleantech engineering company, said it secured CHF 1.8 million or €1.5 million to mark the first close of its second round of expansion funding.
Shareholders sue Gentium board, Jazz Pharmaceuticals to halt deal
Gentium investors sued the company's board and Jazz Pharmaceuticals in an attempt to stop the acquisition of Gentium, claiming that the tender offer was flawed, Bloomberg reported.
Yahoo COO Henrique De Castro leaves the company
Yahoo Chief Operating Officer (COO) Henrique De Castro is leaving the company tomorrow, January 16, according to a regulatory filing, but the exact reason for the departure is unclear.
Canadian academic research platform Sciencescape closes $2.5M round
Ontario, Canada-based academic research startup Sciencescape closed $2.5 million in a recent funding round to make the process of going through mountains of research sources easier.
Latest News
The private equity arm of London-based banking firm Standard Chartered picked up a 13% stake in Botswana-based supermarket chain Choppies Enterprises in a deal valued at $6 million.
The Vietnamese government plans to exit its stakes in 11 state-owned companies under the transport ministry via stock market listings to boost economic productivity and growth.
VimpelCom Ltd, one of the largest integrated telecommunications service operators around the world, announced the extension of its strategic partnership with Oslo, Norway-based Opera Software,
Finland-based IT service firm Tieto inked a deal to buy part of Siemens Convergence Creators' telecom research and development (R&D) for an undisclosed sum to strengthen its products portfolio.
The mining pool GHash.io run by a secretive company known as CEX.io which has links to Ukraine nearly controls 45% of Bitcoin network's processing power, according to a report by Bloomberg View contributor Leonid Bershidsky.
TaiGen Biotechnology Company Ltd, a biotechnology firm in Taiwan, has given Russia's R-Pharm the exclusive license to develop and commercialize the anti-infective compound nemonoxacin in the Russian Federation, Turkey and the Commonwealth of Independent States.
Dallas, US-based female-focused crowdfunding platform MoolaHoop acquires New York-based small business crowdfunding site Lucky Ant for an undisclosed sum to facilitate easier management of crowdfunding campaigns.
Bahrain-based investment firm Gulf Finance House (GFH) agreed to sell part of its stake in West Yorkshire-based soccer club Leeds United for an undisclosed amount.
Kerala, India-based healthcare service provider Aster DM Healthcare is in talks with investment banks for a $200-million initial public offering (IPO) in London or Mumbai within a year.
