Creme Mel Sorvetes, mid-est Brazil's largest ice cream producer and distributor, gets investment from HIG Capital.
Deals
Third Point to sell 40 million shares back to Yahoo Inc
Activist hedge fund Third Point LLC decided to sell back 40 million worth of shares to Yahoo Inc. On Monday, Third Point LLC, an activist hedge fund, agreed to sell 40 million worth of shares in Yahoo back to the internet company.
AstraZeneca, Novartis, Pfizer prepare bids for Onyx Pharmaceuticals
Pharmaceutical giants Pfizer, AstraZeneca and Novartis are among those to propose bids for Onyx Pharmaceuticals.
Yahoo's buyback nets US$655 million for Third Point
Yahoo has purchased 40 million shares owned by Third Point at US$29.11 per share. Third Point LLC, the firm headed by Dan Loeb, was at the forefront in the change of Yahoo's board a couple of years back.
Hasbro Games shows promising sales increase in iPad World
Hasbro Games remakes classic games and gains 19 percent increase in sales. World-famous toymaker Hasbro Inc. (HAS) is showing promising results in the sales of its games through iPad.
Latest News
TriGate Property Partners closes at US $324.2 million; beyond its US $300 million target. Park Madison Partners, a real estate advisory firm, oversubscribed from its target fund raise of US $300 million for the closing of TriGate Property Partners.
Roark Capital acquires restaurant chain Miller's Ale House bringing its restaurant investment to 13.
Contatta raised US $3.25 million seed fund from investors Kickstart Seed Fund II and Grayhawk Venture Fund II.
SynapDx Corp accumulates US $15.4 million funding from investors led by Google Ventures. SynapDx Corporation closed US $15. 4 million in a funding round led by Google Ventures and joined in by Foundation Medical Partners.
Apposite sells portfolio firm ZONARE Medical to China-based Mindray Medical International Limited for US $101.7 million.
ReNeuron receives GBP 12.8 million funding for the clinical trials of its stem cell technology. Arthurian Life Sciences Ltd. has facilitated the funding commitment worth GBP 12.
KytoBioPharman announced its intent to acquire Barbados Sea Island Cotton Inc. Kyto BioPharma Inc. announced that they have submitted a Letter of Intent for the acquisition of all outstanding common shares of Barbados Sea Island Cotton Inc (BSC).
Ingram Micro and BuyCell Wireless Group signs distribution agreement. Ingram Micro Inc. (IM), announced that they have entered into an agreement with BuyCell Wireless Group, LLC, (BCWG).
ElasticPath closes CAD12 million financing plan with venture capital firm, Yaletown Venture Partners.
