The latest takeover bid was submitted by BNP Paribas SA for BGZ Bank in the Polish market that had seen mega million takeover deals in its banking industry.
Deals
Channel IQ raises funds from Drive Capital
A USD12 million fund infusion was received by Channel 1Q for it use to accelerate its development. The central marketplace for retailers and manufacturers, Channel IQ announced the raising of USD12 milion from Drive Capital.
Aerpio Therapeutics closes Series A funding round
Biopharmaceutical firm Aerpio Therapeutics Inc closes Series A funding round extension worth USD9 million.
Surefire Medical closes Series B funding round
After raising USD 18.2 million, Surefire Medical announced the completion of its Series B funding. Commercial stage medical device company, Surefire Medical Inc, develops innovative infusion systems for procedures determined as minimally invasive and direct to target intervention.
Slideshow: Twitter IPO in NYSE
Twitter Inc soared as much as 92 percent in its first day of trading on Thursday on the New York Stock Exchange as investors snapped up shares in the popular microblogging site in a frenzy that recalled the days of the dot-com bubble.
Latest News
Due to high costs of operations and low returns, Woolworths opts to close down stores in Nigeria. Woolworths Holdings Ltd. , the food and clothing retailer from South Africa, announced plans for the closure of three of its stores located in Nigeria.
Due to net income decline, the world's biggest reinsurer Munich Re would do a share buyback program to be completed by April 30, 2014.
USD9 million was raised in Series A funding round for ImmunGene Inc. Biotechnology company ImmunGene Inc. is focused on the development of anti-body cytokine fusion technology therapy for oncological applications.
A Permira Funds portfolio company had purchased BestInvest for an undisclosed amount. UK wealth management and online investment service firm BestInvest announced it had agreed to be acquired by a portfolio company of Permira funds.
French lender BNP Paribas announced its submission of a non-binding bid to purchase a 98.5% interest in Rabobank's BGZ.
Austin-based venture capital firm Silverton Partners would be using the USD75 million it raised for Fund IV to support the local startup scene in Texas.
Renowned names in the wine industry join forces to create sales and marketing firm BCM Wineworks for the known brands of Bacchus Capital.
In a bid to trim its portfolio, Nestle had sold to North Castle Partners its interest in weight loss brand Jenny Craig.
Joh A Benckiser owned-D.E Master Blenders planned to increase its ownership interest in Norwegian coffee producer Kaffehuset Friele to 90%.
