Today, Unite US said that it had raised USD2 million in seed funding and plans to launch publicly this fall.
Deals
Abbot closes deal in acquisition of IDEV Technologies
Abbott announced the completion of its purchase of IDEV Technologies Wednesday. Abbot reported today the finalization of its acquisition of IDEV technologies for USD 310 million.
Animal testing complicates L’Oreal expansion
L'Oreal's planned expansion into China's beauty markets had been burdened with complications as the country mandates animal testing for every new product introduced to Chinese consumers.
PTA Holdings announces talks for acquisition of trailer leasing company in Midwest
PTAH Holdings announced talks for acquisition of Midwest based trailer leasing company. PTA Holdings Inc announced a plan to purchase an undisclosed trailer leasing company that is based in the Midwest.
GIC acquires Blackstone's Broadgate stake in London
GIC, Singapore's sovereign wealth fund made an offer to purchase Blackstone's Broadgate asset.
Latest News
Vodacom Tanzania announced plans for network expansion with TZS 200 billion investment. South Africa's Vodacom in Tanzania announced its plans to develop and grow in the country within the year.
Cantera Energy completed its acquisition of South Texas assets from EP Energy. Cantera Energy completed its acquisition of assets from EP Energy Wednesday for an undisclosed amount.
Abbott completed its purchase of IDEV Technologies Inc for USD 310 million. Global healthcare company Abbott announced the completion of its purchase of IDEV Technologies from RiverVest Venture Partners.
Cloud solutions provider Ajubeo said it received additional investment from Colorado private equity firm Grey Mountain Partners.
Texas-based startup media analytics firm TrendKite scored USD 1.2 million in its Series A round led by Silverton Partners.
San Francisco-based mobile photo app developer PicCollage raised USD 2.3 million in seed funds. Mobile photo application developer PicCollage scored USD 2.
Japanese group LIXIL Corp completed its purchase of ASD Americas Holdings Corp for USD 542 million.
China's central bank said it would include all loans issued by trust companies in its database in an effort to curb risky lending.
Lloyds Banking Group announced its sale of Heidelberger Leben for EUR 300 million to Cinven and Hannover RE.
