Paul Singer's Elliott Management Corp increased its shareholdings in German drug distribution firm Celesio AG.
Deals
METRIX Capital Group closes latest funding round
METRIX Capital Group closed its latest funding round at USD5 million in pledged amounts for its alternative loan program.
Zemanta raises USD2 million in new funding
Zemanta's content discovery and audience development tools have raised funding from Union Square Ventures and Social Starts in the amount of USD2 million.
Lower Indian wireless spectrum pricing - government panel
A panel from the telecom ministry recommended cutting down the price for wireless spectrum in India.
NGL Energy Partners acquires Gavilon LLC
Propane supplier NGL Energy Partners LP acquires Gavilon LLC for its midstream supply business. NGL Energy Partners LP, the propane gas supplier, announced it would purchase Gavilon LLC, a pipeline company.
Latest News
Lion Biotechnologies sold common stock, common stock warrants and Series A Convertible Preferred Stock to institutional investors led by Quogue Capital LLC.
The Icon Technology Partners fund raised USD100 million to invest in early-stage business software startups.
Royal Dutch Shell South Africa GM Jan Willem Eggink confirmed the well drilling as well as the conduct of an environmental impact study.
App maker Mobile Accord intended to reach up to 100 million people by the end of this year, thanks to its recent USD6.6 million investment it received from unnamed investors.
Proceeds from Zomato's recent USD37 million funding would go towards business expansion in 22 countries, chief executive Deepinder Goyal told TechCrunch.
A recent investment round by Israeli startup Mobli had secured USD60 million in investment from Carlos Slim's América Móvil and other institutional investors.
Sulaiman Al-Habib (HMG) and Almana General Hospitals have engaged the services of separate banks to assist in its IPO listing.
One source told Businessweek that private equity firm KKR & Co might propose a leverage buyout offer to Marvell Technology Group Ltd.
PurThread Technologies raised USD7 million for its latest equity funding round. Renowned textile firm PurThread Technologies recently announced the closure of its latest equity funding round with pledges amounting to USD7 million.
