Deals
Clearlake Capital Group completes purchase of Futuris Automotive
Futuris Automotive is transferred to Clearlake Capital Group from Elders Limited. Last Tuesday, Clearlake Capital Group had completed its purchase of Futuris Automotive from Elders Limited.
Canada's Postmedia disposes BC and Albert properties to stave off debt
Postmedia Network Inc. announced through its newspapers Monday that it would be selling the home building of the Calgary Herald and the printing plant of Newspapers Vancouver Sun and the Province's printer, Kennedy Heights.
Rutland Plastic Technologies has a new owner
Graycliff Partners LP transferred its ownership of Rutland Plastic Technologies to the Riverside Company.
WISeKey closes third pre-IPO investor round
The third tranche of its pre-IPO investor round was completed by WISeKey raising an additional USD40 million.
Latest News
The USD2 billion deposit by the Qatari government in support of former Egyptian President Mursi's government was converted to bonds by the current administration in Egypt.
Cisco Systems, Inc has opened a new business unit called Services Security Practice to expand in the security business market with tech industry veteran Bryan Palma as the unit's general manager.
Marathon Oil Corp said it would selling its 10% stake in an Angolan oil and gas field for USD 590 million.
Great Point Partners announced the acquisition of ProAssist Surgical Associates by its subsidiary firm American Surgical Assistants.
According to a Forbes news magazine article, Twitter Inc.'s acquisition deal of mobile ad exchange startup MoPub implied that it would be readying itself for an IPO next year.
Nordea Bank said acquisitions had driven the growth of two European hearing aid manufacturers, William Demant Holdings and Sonova Holding.
Clarabridge raised USD 80 million in equity investments from its new partners. Customer experience management (CEM) provider Clarabridge scored USD 80 million in equity investments in its latest funding round.
Sources told Bloomberg that the joint venture firm of Saudi Aramco and Total, Satorp, would be putting its first fuel up for sale this month.
Barclays said would spend GBP 1.4 billion to revamp its consumer banking unit. London-based Barclays Plc said it would be spending an estimated GBP 1. 4 billion or USD 2.
Driverless vehicles as well as the data transfer between cars are on top of the agenda for the partnership between Continental AG and IBM.