Cerberus contemplating bid for beleaguered BlackBerry

Known institutional investor Cerberus Capital Management is studying its options to determine if it would make a bid for BlackBerry.


Homebuilder KB Home offers bonds to retire debt

KB Home set to offer bonds as well as notes issued to assist its plan to retire soon to be maturing debt.

ERB to build power plant for Dow Chemical in Minas Gerais

A second project between Dow and ERB has been agreed upon where the power plant would utilize sugar cane residue as fuel for electrical power.

Clariant to sell off unit to ICIG

ICIG purchases Clariant AG unit focused on detergent and other intermediate chemicals. The plan of Clariant CEO Hariolf Kottmann of focusing the Swiss company to high yield markets would be one step closer to realization.


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SundaySky, a smart video ad company, raised USD20 million in its Series C financing round led by Comcast Ventures.
Japanese firms Softbank Corp and games developer GungHo OnLine Entertainment had purchased a controlling stake in Supercell for USD1.53 billion.
Albion Ventures, the largest venture capitalist in the UK completed the investment in Cisiv Ltd. Albion Ventures recently completed the acquisition of Cisiv Ltd.
Investment firm Triton had stepped in as the possible buyer of Siemens AG's postal automation and baggage-handling division unit after Sun Capital dropped out of the bidding round.
Siemens AG's talks with equity group AEA Investors were at the advance stage regarding the German company's sale of its water technologies business.
immatics raises EUR34 million in its latest Series D round financing. Clinical stage biopharmaceutical firm immatics biotechnologies GmbH had developed advanced a multi-peptide vaccine program providing active medication against cancer.
Anatrace was recently acquired by StoneCalibre to expand its portfolio of detergents and lipids for the marketplace.
No financial details were provided in the acquisition of Applied Products Inc or Retrax by Kinderhook's Tectum Holdings LLC.
Britain's Chancellor of the Exchequer George Osborne announced via a Twitter post that Industrial and Commercial Bank of China (ICBC) would be issuing a yuan-denominated bond on the London bourse next month.
According to an anonymous source who told Reuters, Air France-KLM was 50-50 on whether it would participate in the EUR300 million share issuance to save the Italian airline from bankruptcy.