Deals

Venture capital firm Mercia Fund Management gives a GBP 150,000 funding to startup biotech company Oxford Genetics.

Today, Michael Baker Corporation announced commencing into a definitive acquisition agreement with Integrated Mission Solutions, LLC priced at US$40.50 per share piece.

Pexco LLC announced its acquisition of Scandia Plastics Inc, its first addition to its portfolio after being acquired by Odyssey Investment Partners LLC in August last year.

Abraaj Group sells its 50% stake in health insurance provider Acıbadem Sağlık ve Hayat Sigorta. The Abraaj Group on Monday announced that it is selling its stake in Acıbadem Sağlık ve Hayat Sigorta A.

Latest News

The American Airlines and US Airways US$1 billion merger is set to be finalized before the end of August 2013.

ReVision gets US $55 million in equity financing, which will be used to enhance the company’s expansion efforts outside North America.

Secured investors of failed New Zealand-based company LDC Finance will be getting their money back plus interest following the settlement reached with Finance & Investments Partnership.

Michael Dell said yesterday that there will be no more increase in the buyout offer he and Silver Lake has for Dell Inc.

China Molybdenum acquired Rio Tinto’s stake in a New South Wales mining project for US $820 million.

SeekCapital invests in Textbookrental's seed round funding, the proceeds of which will be used for business expansion.

Carlyle Group-backed OzForex is set to pursue AUD$500 million initial public offering for 2013. Global payments provider OzForex acquired the services of Goldman Sachs Group Inc.

TrueAbility, a Texas startup company, gets US $2 million seed capital in a financing round led by Austin Ventures together with Cloud Power Seed Fund.

Lending firm AG Finance is set to pursue an initial public offering this July 30 for PHP 2.18 per share of its common stocks.

Lincoln International extends its territory to Italy after it acquired Rondelli Advisers for an undisclosed amount.