Deals

2013 Geneva Auto Show

Ratan Tata Invests In Moglix, An E-commerce Company Owned By Rahul Garg

Ratan Tata has made investment in a new venture Moglix, an e-commerce company owned by Rahul Garg. The B2B procurement company deals with like MRO's, fasteners and industrial electrical with manufacturers across India, China and many other Asian countries

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Sotheby's Open Auction On One Of The World's Largest Private Swatch Watch Collections

Swatch Teams Up With Safilo to Design and Distribute Sunglasses Collection

Swatch will help design the sunglasses collection while Safilo will be in charge of production. The two companies will distribute the products in both their stores worldwide. The five-year agreement aligns with both the companies' strategic plan to create a new design concept.

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AWXII - Day 4

Xignite raises $20 million in Series C Funding

Xignite said that it has raised 20.5 million US dollar in Series C Funding. The company will utilize the capital from the fund to gauge its marketing and sales efforts as well as to widen its product portfolio.

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INDIA-ECONOMY-START UP

CEO Reggie Aggarwal narrates success journey of Cvent

The era of start-ups has been started in India with the recent years witnessing the conversion of ideas into firms propelled by the easily available funding. CEO of Cvent Inc, Reggie Aggarwal, says that he has a 'realistic view' regarding this race in the start-up arena.

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AXA

AXA SA purchases 8% stock in Africa Internet Group

AXA SA has partnered with Africa Internet Group to become the sole supplier of insurance products in Africa. The transaction will promote AXA's business strategy and help the French insurer to serve the African society.

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IRobot Demonstrates Possible Military Applications

iRobot to Sell its Military Division, Focus Soley on Consumer Goods

iRobot is selling its military division of its company for up to $45 million. The sale was because of pressure from shareholders.

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Chris Corrigan, Executive Chairman of Patrick Stevedores, at Sea Freight Council

Qube Group offers Asciano A$9 billion, exceeding Canada's Brookfield bid

Qube Holdings have come up with a more tempting offer than its competition, Brookfield, in acquiring Asciano. A greater cash component thrown into the deal has tipped the scales in their favor, which Brookfield has only five days to match.

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Film Independent At LACMA Special Screening And Q&A Of 'Hail Ceasar!'

Wiper, alternative messaging app for costly movies

Messaging app Wiper has raised a total of $4.5 million seed funding from its investor Michael Choupak adding $2 million dollars. The service launced $4.99 monthly subscription fee to preview and watch thousands of original short and long, inexpensive indie films that can be compared to expensive Hollywood movies.

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Verizon CEO Lowell McAdam Unveils Grand Prize Winners Of Verizon Powerful Answers Award At A Panel Moderated By TV Personality Mo Rocca At CES 2014 In Las Vegas

Verizon CEO showed interest in Yahoo acquisition

It was confirmed by Verizon CEO Lowell McAdam that Verizon is interested in acquiring Yahoo. The Internet search company had difficult times in the past years as many other companies had their market share in the online and mobile business. This promts Yahoo to reconstruct its business including cutting jobs.

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Scotland v Japan - Group B: Rugby World Cup 2015

Inspiring Scotland appoints Gary Le Sueur to board

Gary Le Sueur, an expert venture capitalist, has been appointed as director of Inspiring Scotland’s board. Gary's experience coupled with his desire to utilize venture capital-skill for social cause will enable the company to boost its ability to deliver the highest return on investment.

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Four Injured In Explosion At GlaxoSmithKline Factory

Medicxi Ventures, A Spin-off Biotechnology Investment Firm Of Index Ventures Emerges As Largest Of Its Kind In Europe

Index Ventures, known for funding Skype, Dropbox and Candy Crush Saga online game is starting a new biotech venture capital firm named Medicxi Ventures. GlaxoSmithKline Plc. and Johnson & Johnson have funded $230 million to Medicxi Ventrue and would reportedly contribute 25 percent of the investment.

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 Reorient Group Ltd. CEO Brett McGonegal Interview

Reorient Group Joint Ventures $457 Million Investment Firm In Shanghai

Reorient Group Ltd. has reportedly formed a $3 billion yuan ($457 million) joint venture with partners. The Shanghai based proposed Joint Venture (JV) firm, Yunfeng Securities Co., will have a registered capital of 1 billion yuan. The JV entity will go operative subject to receipt of approval from China Securities Regulatory Commission.

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Dream Toys 2012 - Launch Photocall

VTech to acquire US toy maker LeapFrog

VTech Holdings said that it has entered into an agreement to acquire electronic toymaker LeapFrog in an all cash offer. The electronic learning toy maker will fund the acquisition with the internal resources.

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Inside A Domino's Pizza Inc. Location As Chain Tries To Draw More Customers

Just Eat to buy Rocket Internet's online food delivery businesses

Just Eat said that it has agreed to purchase Rocket Internet's businesses in Italy and Spain as well as Mexican and Brazilian arms from Foodpanda. The company believe that the acquired assets will help it to broaden its vision.

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Nestle Seeks Acquisition Of Dreyer's Ice Cream

Nestle to acquire food-maker Osem Investments for $840 million

Nestle has decided to acquire the remaining stake of 36.3% in Osem and take the Israeli food company fully private. An offer of $840 million has been made to buy out the shares, and a shareholder meeting has been scheduled in March which should reveal the final decision arrived at by the company.

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