Deals
Beleaguered Handy Hardware gets another lease on life
Handy Hardware gets help from Littlejohn & Co. as the private equity firm takes the reins of the company's acquisition and refinancing.
Cinven, to refinance GBP 438 million buyout with debt
Private equity firm Cinven seeks the help of banks to refinance buyout of Host Europe Group. Cinven has started approaching banks for debt proposals to help in refinancing the firm's GBP 438 million (US$671 million) buyout of Host Europe Goup, an internet domain and hosting company.
Zynga shares drop after abandonment of real-money gaming
Social games provider Zynga Inc loses investors and revenue after announcing abandonment of real-money gambling plans.
CORRECTION: Oracle expects US$38.87 billion in revenues for fiscal year 2014
Oracle signed a nine-year deal with Salesforce to boost its efforts on cloud computing and hardware enterprise.
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Adobe's recent acquisition, Neolane, would help the company attain US$1.19 billion earnings from digital marketing cloud.
Smedvig Capital invested GBP 4 million into Kings Court Trust. Smedvig Capital, a private equity investor based in Mayfair, pumped in GBP 4 million into Kings Court Trust.
Repsol is considering to sell its 30% stake in Gas Natural Formosa worth Eur 4.5 billion but holds it off until deal with Shell is finalized.
Pembina Pipeline Corp. has offered 10,000,000 cumulative redeemable rate reset class A preferred shares during a public offering, which raised US $250 million.
Oracle signed a contract with Microsoft to permit Java developers to make applications on Microsoft's servers.
Ciris Energy was able to close a total of USD 25 million from Asia Pacific Capital of Hong Kong in Series C funding.
EquaMetrics Inc. secured US $2 million in seed funding, bringing its total capital to US $4.5 million.
W.P. Carey is set to shell out US $4 billion to purchase Corporate Property Associates 16 - Global Inc.
JOOR, an online fashion marketplace, secured US $15 million in a series B funding led by Canaan Partners.
Malaysia's Ranhill Energy and Resources is set to return the US $234 million funds it was able to raise following the IPO's cancellation.