Growth market investor Abraaj sells HFC Bank stake

The Abraaj Group exits its HFC Bank investment after signing an agreement with Republic Bank Limited.


synlab acquires 100% ownership of Medicap Holdings

synlab acquires Medicap Holdings from Baltcap but financial details of the transaction were not revealed.

Hansen Medical raises up to US $98 mln in equity financing

Hansen Medical secured US $98 million funding from both new and old investors. The proceeds will be used for product development.

Series C financing secures for Dropcam US $30 million in capital

Dropcam gets additional US $30 million funding, raising its total capital to US $47.8 million Dropcam announced on Wednesday that it managed to raise US $30 million in third round funding, led by investor Institutional Venture Partners.


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John's Incredible Pizza gets US $17.4 million investment from Praesidian Capital. John's Incredible Pizza secured US $17. 4 million, representing first lien debt, from Praesidian Capital, one of the market leaders in debt capital options for small & medium businesses and mid-sized organizations.
Sanlam, South Africa's leading life insurer, shells out US $24 million in favor of First Strut.
BMC Software Finance Inc. said it intends to offer USD 1,380 million in senior notes through a private placement.
A source said that unless Dell's special committee revises the voting standard, talks of Dell's buyout by CEO Michael Dell and private equity firm Silver Lake will collapse.
IBM cooperated on the SEC probe of its cloud revenue. IBM Corp. stated Wednesday that it was cooperating with US regulators on a probe of its cloud revenue.
Merz Pharma acquires Neocutis in an effort to boost its presence in the field of both medical and cosmetics.
White Deer Energy bought J-W Measurement Company for an undisclosed amount. White Deer Energy L. P. II, its affiliates and J-W Measurement Company's senior management team, bought J-W Measurement Company for an undisclosed amount.
Spotify's revenues in 2012 grew more than twice as much after expansion. Spotify's revenues in 2013 more than doubled to Eur435 million or US$577 million from last year.
Private equity firms Columbia Capital and Rho Ventures purchase minority stakes in sports content producer Mandalay Sports Media.
Apigee secured an equity funding worth US $35 million, which will be used to expand its presence globally.