Budapest-based Organica water closed its Series B financing round successfully. Budapest-based Organica water closed its Series B financing round successfully.
Deals
Arthur Sulzberger Jr. says there are no plans to sell the NYT
New York Times Co Chairman Arthur Sulzberger Jr announced they won't be selling the New York Times.
Wells Fargo and Amex join forces
Wells Fargo Bank and American Express credit cards have agreed to offer a credit card to the consumer credit market.
Washington Post Co.’s future relies on Kaplan's for-profit business
Washington Post Co.’s future relied on Kaplan Inc.'s for-profit colleges. On the night of August 5, Kaplan Inc. 's chief executive officer, Andrew Rosen, sent a memo to the company's workers regarding its parent corporation's, Washington Post Co.
DrillMap closes Series A funding with USD 6.5 million
Energy platform drillMap Inc announced that it successfully closed its Series A funding round with USD 6.5 million.
Latest News
Global web services company AOL Inc announced that it would be purchasing Adap.tv for USD 405 million.
NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C. NXT Capital announced the granting of a USD 20 million loan to 1-800-Radiator & A/C.
Private equity firm Actis announced its acquisition of Paycorp, a South-African payments business for USD 95 million.
Sources told Reuters that last-minute talks held by German real estate company IVG with creditors could make its debt restructuring deal a possibility.
KTB Asset Management Co announced the successful sale of its Seoul property, the Twin Tree Towers, to IGIS Asset Management Co.
Chubu Electric Power Co purchased an 80% stake in Diamond Power Corp, an independent producer and supplier of power owned by Mitsubishi Corp and operates in Tokyo.
Manila Electric Co (Meralco) Chairman Manuel Pangilinan confirmed his company's interest in the power assets of San Miguel Corp (SMC).
The Warsaw Stock Exchange (WSE), also known as the Giełda Papierów Wartościowych w Warszawie (GPW), said it aims to purchase an equity stake of up to 30% from Aquis Exchange.
Sources told Reuters that Wal-Mart Stores Inc is thinking of bidding ParknShop, the supermarket business owned by Li Ka-shing.
