Deals
Zenefits gets US $2.1 mln seed capital
California-based startup company Zenefits has secured US $2.1 million seed capital from a round led by Maverick Capital and Venrock.
Unipex acquires Biopharmacopae's cosmetic ingredients portfolio
Unipex subsidiary Lucas Meyer Cosmetics recently purchased cosmetic ingredients and IP rights from Avrio-backed Biopharmacopae.
Alfonso Soriano ends US$136 million contract with Cubs, trades to Yankees
Chicago Cubs' outfielder Alfonso Soriano completed his trade to Yankees after waiving the no-trade clause.
HomeStreet Bank acquires Fortune Bank and Yakima National Bank
HomeStreet Bank announced that they have acquired Fortune Bank for US$27.0 million and Yakima National Bank for US$10.3 million.
Latest News
Private equity firm Graphite Capital and Hawskmoor chain of steakhouse enter into an agreement regarding a buyout valued at US $62 million.
New York City Pension pledges US$ 500 million each to Apollo Global Management and CVC Capital New York City Public Pension Funds acquired their largest commitments to date to private equity via marquee funds From CVC Capital Partners and Apollo Global Management.
Ohio Transmission partners with private investor Frontenac Company. Private equity firm Frontenac Company invested an undisclosed amount on Ohio Transmission Corporation, said the latter on Friday.
Shares for Jet Airways increased dramatically after speculation of FIPB approval of Jet-Etihad deal surfaced.
JP Morgan explores options to sell trading and physical commodities businesses. JP Morgan Chase & Co announced that they plan to step out of the business of trading and owning physical commodities which range from oil to metals.
Publicis Groupe SA and Omnicom Group are paving the way for the advertising industry's biggest joint venture.
Russian tycoon Alexander Nesis has sold around US$1 billion worth of shares in Uralkali to fund new projects.
The French conglomerate’s efforts to revamp its diversified portfolio begins with the sale of its stake in Activision Blizzard worth US $8.2 billion.
China Investment Corp, which has US $49 billion investment from the government, posed a 10.6% return of investment from its overseas ventures.
LearnVest gets US $16 million in its latest financing round led by Accel Partners. Online financial management firm, LearnVest. com, revealed on Friday that it closed US $16.