The Dogan Group made a USD 742 million offer to purchase 53% of Digiturk, a digital pay-TV provider.
Deals
Suntech restructures debt through new programs
Suntech Power, the solar energy corporation, announced a plan to convert debt to equity as well as inclusion of a new strategic partner.
Vestiaire Collective raises USD20 million
Vestiaire Collective had raised USD20 million Series C funding to fuel international growth. Vestiaire Collective received USD20 million Series C funding from Condé Nast, previous investor Balderton and Ventech as well as Indivest.
WPP Plc buys stake in Candyspace
WPP Plc announced its purchase of a stake in the multi-platform agency Candyspace Media Ltd. WPP Plc, the advertising firm, announced it had acquired a minority stake in Candyspace Media Ltd, a multi-platform agency based in the United Kingdom.
KeyLemon receives USD1.5 million Series A funding
Swiss startup KeyLemon had received USD1.5 million in Series A funding from Debiopharm Investment and Swisscom Ventures.
Latest News
Findim Group said it would be willing to support the sale of Telecom Italia's shares for as long as a plan to return value to its shareholders was put in place.
Fotowatio Renewable Ventures won financing from two Australian banks to finance its Royalla solar project.
Malaysian media outlet PopDigital acquired lifestyle platform Tongue in Chic Malaysia-based PopDigital Sdn Bhd said in an announcement that it has acquired lifestyle platform Tongue in Chic.
Global Ports Investments announced that it had agreed to acquire the National Container Company for USD 652 million.
A deal between China COSCO Holdings and Piraeus would pave the way for privatization of the largest port in Greece.
Imperial Tobacco announced that it would buy the e-cigarette unit of Dragonite International Ltd in a deal worth USD 75 million.
Japanese E-commerce giant Rakuten acquired video streaming site Viki for a reported USD200 million. According to a Techcrunch report, e-commerce site giant Rakuten acquired global video site Viki and would sign a reported USD200 million buyout agreement tomorrow.
The European Commission approved the restructuring plan of BCP, Portugal's largest listed bank.
The Syrian government cancelled its tender to buy white 276,000 tonnes of white sugar two times after receiving only one offer from international traders.
