Comcast Corp, is currently considering a bid for Time Warner Cable, a deal that would unify the two largest cable providers in the United States - sources.
Deals
Aufeminin acquires ‘My Little Paris’ for USD 90 Million
My Little Paris, a French subscription service a city guide has been acquired this week by Aufeminin. Multiple sources indicate that the transaction was valued at USD 90 million (EU 66.7 million).
Niche raises USD 550k to help marketers work with popular users on social media
Niche, a startup that helps connects brands with social media celebrities has announced that it has successfully raised USD 550k in funding and at the same time, have finally opened their website to the public.
Skip Hop, maker of children’s gears, sells its majority stake to private equity firm
Skip Hop, founded 10 years ago by Ellen and Michael Diamant, makers of children's gears, sell its majority stake to a private equity firm, Fireman Capital Partners.
Nevada regulators approve Bally Technologies-SHFL Entertainment merger in just over an hour
The planned merger between Bally Technologies and SHFL Entertainment received recommendations for approval from the Gaming Control Board and the Nevada Gaming Commission without any questions.
Latest News
Vince Holding Corp, formerly known as Apparel Holding Corp that is backed by Sun Capital Partners Inc had a successful IPO after raising USD 200 million in an initial public offering.
Gold might not have been a great investment, which was evident in a Reuters report about John Paulson not making any additional investments on buillion as his PFR Gold Fund lost 63% this year so far.
Alpine Data Labs, creator of open source software framework named Hadoop, received USD16 million in new funding from investors including Sierra Ventures and Mission Ventures.
IK Investment Partners had sold its full ownership in Europe Snacks Group to a French private equity firm Apax Partners for an undisclosed amount and will be completed before the year ends.
As emerging markets were becoming too volatile for some bond and stock investors, a report said majority of them had turned to frontier markets to generate better returns.
The fate of the joint venture firm of Founder Securities and Credit Suisse have yet to be known after the former reveals its plans to sell its stake in the joint venture and merge with China Minzu Securities.
Dealogic data showed a big increase in the acquisition activity of big tech companies in Israel, pushing the Middle Eastern country to become a global player in the innovative tech arena.
France-based multinational mass media and telecommunication firm Vivendi took a pause from big acquisitions to decide on how to spend the remaining USD14 billion from asset sales after cutting debt.
Sungy Mobile, a global provider of mobile internet products and services, has priced its initial public offering on NASDAQ at USD11.22 per American depositary shares (ADS).
