According to Reuters, Lone Star is itching to exit from German bank IKB as European Central Bank and the European Banking Authority will begin to run mandatory health tests in banks this year.
Deals
Vector Capital acquires and makes growth equity investment in CollabNet Inc
Private equity firm Vector Capital has acquired and made a growth equity investment in cloud-based application lifecycle management solutions provider CollabNet Inc. Financial terms of both deals were not provided.
Traditional printers can tap growing 3D printing market via strategic M&A - analyst
According to analysts interviewed by Bloomberg, Hewlett-Packard Co. (HPQ) and Seiko Epson Corp may want to consider acquiring growing 3D printer company Stratasys as oppose to building their own printers if the former wants to tap the growing 3D printing market real soon.
Venture-backed Coupons.com files for $100M IPO
Coupons.com, the online coupon firm backed by T. Rowe Price Group Inc and Passport Ventures, has filed for an IPO of up to $100 million with the US Securities and Exchange Commission, Reuters reported.
Investors hope to get Eastern Air Lines flying again
Applications filed with the US Department of Transportation by Easter Air Lines Group Inc in order to take the long-defunct Eastern Air back to the skies again, Reuters again.
Latest News
Wayfair, an online home-furnishings site, saw its company valuation hiked past the billion - dollar mark when it recently raised $150 million in a T. Rowe Price - led fundraising round, said a source who told Reuters.
Andrew Horsman, the principal of Canada-based green technology firm CleanTech Capital Inc resigned and is exiting his stake after the investment was reported by the Star, to avoid conflict of interest with his position as the head of the tire recycling programs in Ontario.
LightSquared Inc seemed to have marked a small milestone towards getting out of bankruptcy when on Friday, it told a state court that it has been working with its creditors regarding a plan to restructure the company's assets.
The mergers and acquisitions activity in the Southeastern portion of the US rose 17% last year, according to data from Mergermarket Group news service, The Tennessean reported.
Sunnyvale, US-based GPS app maker Telenav acquired Berlin, Germany-based navigation startup Skobbler in a deal valued at approximately $24 million in a combination of cash and common stock.
Northern England, US-based milk processor Oakhurst Dairy was sold to Kansas City, Missouri-based dairy farmer-owned cooperative Dairy Farmers of America (DFA) for an undisclosed sum because of the absence of a suitable person to run he business.
A regulatory filing with the US Securities and Exchange Commission showed that William Ackman's Pershing Square Capital Management offloaded 7.3 million shares of liquor maker Beam Inc this week, Reuters reported.
Independent non-profit economic development organization Ben Franklin Technology Partners of Southeastern Pennsylvania (BFTP/SEP) invested $2 million in 11 early-stage companies from the technology and life science sectors.
Nanomix Inc, a California-based nanotechnology firm that develops next generation point-of-care diagnostic tests, received $12 million in private funding from "a strategic corporate partner and existing investors."
