Tags: US

New York-based social network Foursquare completes $35M round for real-time ad platform

New York-based mobile location-based social network Foursquare has just raised $35 million in a financing round for its new platform for real-time ads, according to the company's Chief Executive Officer.


The Hershey Company recently bought out Shanghai Golden Monkey Food Co, to expand in China for $498 million

In a bid to expand its operations in China, The Hershey Company recently bought out Shanghai Golden Monkey Food Co, maker of over 200 varieties of candy, in a deal valued at $498 million.

IBM is acquiring California-based bootstrapped file transfer firm Aspera to provide its clients with a file transfer tool for data from social media and various devices

Ontario, Canada-based tech giant IBM is acquiring California, US-based bootstrapped file transfer firm Aspera to provide its clients with a file transfer tool for data from social media and various devices.

Tan to finalize Philippine Airlines stake sale with SMC

Lucio Tan, the chairman and chief executive of Philippine Airlines Inc (PAL) is expected to finalize the majority stake sale in the flag carrier next year with San Miguel Corp (SMC).


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Massachussetts, US-based mobile data analytics firm Trinity Pharma Solutions announced raising $15 million in a growth round led by Health Enterprise Partners for its expansion in New Jersey and California.
Virginia-based business development company Gladstone Capital Corporation invested $5.5 million in debt and equity to acquire Minnesota-based steel container supplier Behrens Manufacturing LL, with the participation of co-investor Gladstone Investment Corporation.
California, US-based software developing company Accelrys has acquired Ireland-based software business Qumas in a deal valued at $50 million to expand its products expansion and client base.
Indian investors at a December 14 speech by Afghan President Hamid Karzai were not convinced that the latter's country is safe enough to carry out their investment plans, according to a Bloomberg report.
Japanese insurance firm Sompo Japan Insurance Inc will acquire private British company Canopius in a deal valued at $970 million to expand its overseas operations, according to a report.
Sources said that American International Group is close to a deal to make its exit from International Lease Finance Corp. to Netherlands' AerCap Holdings NV. Under the deal, AIG will reportedly receive $3 billion in cash and $2.4 billion in stock.
US-based telecommunications company Sprint is eyeing the purchase of rival T-Mobile USA next year in a deal worth $20 billion, according to sources cited in a report by The Wall Street Journal.
US-based company Charter Communications is reportedly preparing to make an official offer to acquire Time Warner Cable for less than $140 per share, according to a news report.
Chinese lender China Everbright Co raised $2.6 billion in its third attempt at a Hong Kong initial public offering (IPO) of 5.08 billion shares priced at HK$3.98 apiece.
KKR & Co and the private equity arm of Goldman Sachs Group Inc quietly exited their investment in US discount retailer Dollar General Corp on Wednesday in a stock sale valued at $252 million.
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