Utah-based travel management firm Christopherson Business Travel bought Alabama-based travel agency All Seasons Travel for an undisclosed sum to form one of the biggest travel firms in the US.
Deals
US clothing retailer Men's Wearhouse launches second move in hostile bid for Jos. A. Bank
Texas-based clothing retailer Men's Wearhouse made a $1.6 billion ($57.50 per share) cash offer as its latest move in a hostile bid for Maryland-based firm Jos. A. Bank, after its $55 per share offer was rejected.
Verint to add Silicon Valley's KANA Software in $514M deal
New York-based analytics software solutions provider Verint Systems plans to acquire Silicon Valley-based customer service solutions developer KANA Software in a deal valued at $514 million.
Crowdfunding platform Launch Angels raises nearly $1M for first venture fund
Launch Angels, a Boston-based investment platform focused on equity crowdfunding, closed its first venture fund called Where Angels Fund with nearly $1 million. Associates from Where Inc were the investors in the fund.
Singapore's New Asia Investments backs Vietnam water treatment facility
Singapore-based fund New Asia Investments invested an undisclosed amount to complete a new waste water treatment facility in Vietnam through its portfolio holding, GD Wasser.
Latest News
Arseus, a Belgium-based healthcare group, said it has sold its Dentals software Julie, Arseus Dental Lab, Arseus Dental Solutions Benelux and Arseus Dental Solutions France Ouest to Henry Schein Inc for €50 million.
Hyderabad, India-based tech incubator BitChemy Ventures poured in $6 million in three startups - 3LOQ Labs, Cafyne Inc, and Altiux Innovations, according to a report.
Former President of the United States Bill Clinton is the Honorary Chancellor of a controversial private equity-backed Laureate Education Inc, a for-profit company, Bloomberg reported.
China-based firm Harbin Bank is planning to file for a $1 billion initial public offering (IPO) in Hong Kong within January, according to sources familiar with the matter.
Indonesia-based state-run builder Wijaya Karya (WiKa) completed the purchase of state-controlled asphalt manufacturer Sarana Karya in a deal that is expected to support WiKa's expansion projects.
Madison Dearborn Partners is leading a group that includes CoVant and an investor group run by Joseph M. Kampf that is buying LGS Innovations from Alcatel-Lucent for $200 million, The Washington Post reported.
United Dairy Power, the biggest privately owned milk supplier in Australia, is looking to dispose a stake in the firm to an Australian diary investor for an undisclosed sum.
Poland-based digital cable firm Multimedia Polska bought cable operator Telektronik from Reda for an undisclosed amount, making way for the addition of new services to its current portfolio.
Private equity funds Carlyle Group LP and KKR & Co are in discussion to purchase troubled Brazil-based medical services provider Fleury SA in a deal worth BRL2.9 billion ($1.2 billion), according to three sources familiar with the matter.
