Aramak Holdings Corp. announced launching an initial public offering worth USD100 million to repay debt.
Deals
Foreign firms fuel inland operations in China via cross currency swaps - observers
Multiple industry observers noted that foreign firms were favoring cross currency swaps more than raising funds via issuance of Dim Sum bonds.
OSX Brazil SA to undergo restructuring
Eike Batista's OSX Brasil SA engaged the services of Bingham McCutchen LLP for its restructuring efforts.
KKR to acquire Gland Pharma
According to two sources, KKR would acquire Gland Pharma for INR1 billion and would push through by the end of the month.
Telecom Commission clears TCI exit
The Indian Telecom Commission had cleared the planned exit of Telecommunication Consultants India (TCIL) for its 30% stake in Bharti Hexacom.
Latest News
Livefyre announced that it had acquired Storify without disclosing the financial terms of the deal. Livefyre is a commenting platform used by TechCrunch and other websites.
Incumaker Inc. had announced completed acquisition for Cryogenic Therapy Company. Today, Incumaker Inc. announced that it had completed its acquisition of CryoMist I and CryoMist II.
Today, Limoneira Company announced its completed acquisition for Associated Citrus Packers in a deal valued USD18.6 million.
Today, HIG Capital announced its acquisition for a majority stake in Eletromidia, a leading player in outdoor advertising industry.
HookLogic raised a USD14 million in Series B growth funding. HookLogic had received a USD14 million Series B growth investment to further expand its leadership in the commerce search advertising industry.
Orange SA sees market consolidation as the next wave should Telefonica SA and Royal KPN NV merge. The largest phone company in France, Orange SA, said that if the Telefonica SA and Royal KPN NV bid to merge their German assets receives regulatory approval, there would be a major shake up in the telecommunications industry in Europe.
Blackberry shares jumped slightly as rumors of a buyout offer from its biggest shareholder became news.
Quality Systems Inc. announced today that its acquisition of Mirth Corporation was to enhance its client data exchange offerings and current company interoperability initiatives.
The Fiat-VEBA deak was expected because of the absence of top executives in the Frankfurt Auto Show.
