Vivendi, a French mass media company, said it would acquire USD2.7 billion of its U.S. dollar-denominated debt after it received payment for its stake sale in Activision Blizzard.
Deals
Dailymotion plans for new acquisition, Japan office
According to news agency AFP, video platform Dailymotion intended to continue with its acquisition and Asian expansion plans despite failed buyout talks between its parent company Orange and Yahoo Inc.
G1 Therapeutics raises USD 12.5 million in Series A funding round led by MedImmune Ventures
Pharmaceutical firm G1 Therapeutics scored USD 12.5 million from MedImmune Ventures and other investors in its Series A funding round.
Cotton Creek Capital acquires Royal Baths
Texas-based private equity firm Cotton Creek Capital bought Royal Baths Manufacturing for an undisclosed amount.
PPF in discussions to acquire Telefonica's Czech unit
PPF Group, a Czech investment group, had discussed with Telefonica regarding a possible acquisition deal for the Spanish telecoms' unit in Czech Republic.
Latest News
South Korean communication app maker Line would stand to be valued at USD8 billion should it go public, according to information technology news site The Next Web.
Monte dei Paschi foundation had been in discussions with the Italian Treasury regarding a stake sale deal, said sources in a Reuters report.
The therapeutic protein molecule Anticalin would be the subject of the an agreement between Zydus and Pieris.
Serbia's committee for economic cooperation would be travelling to the UAE to discuss a loan agreement.
Advance Auto Parts would acquire General Parts International to form the largest automotive aftermarket parts provider in North America.
AXA sold EUR 350 million or USD 474 million in catastrophe bonds, the largest bond offering of the securities designed to protect insurers from the risk of payouts for extreme storm damage.
Web company Nginx Inc closed its Series B financing round with USD 10 million in capital commitments.
According to a magazine report, Liberty Global had been planning a complete takeover of Dutch cable company Ziggo.
Vox Media would be raising USD40 million in investment funding to expand its editorial coverage by producing more video reports.
