PacWest Bancorp agreed to purchase CapitalSource for $2.3 billion in cash and stock. PacWest Bancorp (PACW), a California-based bank holding company, has agreed to buy commercial bank CapitalSource Inc.
Deals
Telefonica, KPN Merger Challenges Europe M&A Regulations
Telefonica's merger with German KPN unit has posed a dilemma to the European Commission. Telefonica SA (TEF) and Royal KPN NV are testing European regulatory stipulations with their upcoming merger of mobile-phone units in Germany.
NatureBox Gains $8.5 Billion in Series A Funding
NatureBox Inc received USD 8.5 billion from investors Softbank Capital and General Catalyst Partners.
Vivendi, to sell Maroc Telecom Stake for EUR 4.2 Billion
Vivendi SA is in talks with Emirates Telecommunications concerning its 53 percent stake in Maroc Telecom.
Global cashmere demand threatens snow leopards
Snow leopards are being threatened by global cashmere demand. In the last two decades, the demand for cashmere almost tripled. UK was one of the top importer of cashmere, which was a multi-million dollar industry.
Latest News
The chairman of Vodafone said that he will seriously consider Verizon's offers for a buy out for as long as it gives value for its shareholders.
Brazil's JBS SA has renewed its program to buy-back up to 10 percent of its common shares in circulation.
PetroEdge secures US $100 million funding from Post Oak Energy Capital in partnership with Goldman Sachs.
Riverside Company acquires Blue Microphones, yet the financial details of the transaction were not disclosed.
Oxford Finance gives Continuum Healthcare debt financing amounting to US $11.5 million consisting of revolving credit line worth US $1.5 million and senior secured term loan amounting to US $10 million.
Frontier Capital, a private equity firm, invests in recruitment process outsourcing WilsonHCG. Private equity firm Frontier Capital reportedly invested in WilsonHCG, a Florida-based HR consulting and recruitment firm.
Adore Me rakes in US $8.5 million of funding from investors led by Upfront Ventures, Mousse Partners and Redhills Ventures.
The Help to Buy scheme of George Osborne risked creating a new housing bubble. The Help to Buy scheme was George Osborne's latest attempt at kickstarting the economy.
Riskive closes seed capital funding amounting to US $2.2 million from private investors including Genacast Ventures and Core Capital.
