EU gave PSA Peugeot through a state-funded financial aid valued at Eur7 billion to keep the company afloat.
Deals
Cubist Pharmaceuticals to purchase Optimer Pharmaceuticals
Cubist Pharmaceuticals Inc. and Optimer Pharmaceuticals Inc. announced today that it has signed a merger agreement valued at USD801 million in cash on a fully diluted basis.
ACON, CIPEF purchase Colombian oil producer Vetra
Investment firms Acon and Capital International Private Equity Fund IV jointly acquires Vetra Energia.
US-based retirement fund buys Dish TV shares
US-based College Retirement Equities Fund acquired 64.64 lahk shared in Dish TV India priced at Rs49.25 per share piece.
Qwilt targets online video delivery optimization with additional US$16 mln funding
Bessemer Venture Partners helps Qwilt expand delivery globally with US$16 million in funding. Online video platform provider Qwilt gained US$16 million in a series C financing round led by venture capital firm Bessemer Venture Partners.
Latest News
Virginia-based media organization Local Voice rceives US$3 million in funding from Blue Heron Capital.
Schneider Electric is gearing up for the conclusion of its Invensys acquisition. France-based Schneider Electric is nearing the conclusion of its proposed agreement to purchase British engineering company Invensys for GBP 3.
Bottlenose raised US $3.6 million in seed capital, which it intends to use for product development as well as hiring of more employees and marketing.
ZoomSystems acquires Vigix in a bid to offer their consumers more options and to enhance its position in the global scale.
The Hay Group acquires Metallumform in a bid to meet its customers demands and to expand its reach globally.
Scoop.it raised US $2.6 million in anew round of funding, bringing total capital to US $13.6 million.
Insight Venture’s acquisition of a minority share in Veeam Software has been completed but financial details of the transaction were not revealed.
Kinderhook Industries' environmental specialist subsidiary has finalized its acquisition of Allstate Power Vac Tuesday.
L'ArcoBaleno gets a seven-figure amount of seed capital funding but failed to reveal just how much money it was able to raise.
