Staff Reporter

Irish securties firm Davy becomes largest shareholder of the Irish Stock Exchange

Davy, the biggest securities firm in Ireland, has become the biggest shareholder of the Irish Stock Exchange after the bourse awarded six members to take part in a windfall valued EUR27.5 million, reported Bloomberg.

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Airbnb’s Storefront receives additional USD7.3 million funding

Airbnb’s Storefront has received additional USD7.3 million funding led by Spark Capital, reported TechCrunch.

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Times Media Group acquires Radio Africa Limited in a deal valued USD18.62 million

South African company Times Media Group has acquired a majority stake in Radio Africa Limited valued USD18.62 million, reported Ventures Africa.

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Daiichi Sankyo says Ranbaxy-Sun Pharma merger may close by the end of 2014

Daiichi Sankyo said in a statement that the merger deal between Ranbaxy and Sun Pharma would possibly close by the end of 2014, reported ET.

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BNP Paribas acquires South Africa's RCS

BNP Paribas has acquired RCS in a deal valued USD250 million, reported Ventures Africa.

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Salesforce to invest in new tower in San Francisco

The CRM giant Salesforce would invest in a new building tower in San Francisco valued USD560 million, reported TechCrunch.

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Zoe's Kitchen announces IPO pricing

Zoe's Kitchen announced pricing its initial public offer for USD15 per share of common stock listed on the New York Stock Exchange.

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Woolworths acquires Australia's David Jones

Australian department store David Jones was acquired by South African retailer Woolworths in a deal valued USD2 billion, reported Ventures Africa.

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Microsoft innovates Indian hotline for startups

Microsoft has innovated an Indian hotline for startups to give advice, available during business hours from Monday to Friday, reported Venture Beat.

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SingTel Group and Samsung collaborates to provide customers with seamless mobile data

Today, Samsung and SingTel Group has announced an initiative that would simplify retail experience and seamless mobile data access, reported ET.

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Bank of Queensland to acquire Investec's Australian unit

On Friday, investment bank Investec said that Bank of Queensland would acquire its Australian unit in a deal valued USD414 million, reported WSJ.

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LightSquared confronted by near bankruptcy, adds more loans valued USD74 million

LightSquared Inc. confirmed that it would borrow from its lenders USD74 million as additional funding, reported Bloomberg.

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Nebula bags USD3.5 million new debt funding

According to a court filing yesterday, Nebula has taken in USD3.5 million worth of new debt financing from undisclosed investors, reported Venture Beat.

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Startup founders has high regard for IPO stock market prices

Startup founders have been looking highly at IPO stock market prices as a guideline towards success, said TechCrunch.

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Apple declined joining Intellectual Ventures

Apple Inc. refused to join Intellectual Ventures on a patent trolling operations, reported Gigaon.

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