INTL FCStone announced that they are cancelling plans to buy Cleartrade INTL FCStone Inc, a U. S. commodities brokerage announced that it has dropped plans to buy an online commodities exchange in Asia.
Deals
Fitch: Emerging catalysts can prompt US bank M&A activity
Fitch Ratings reported that the start of catalysts emerging in the market could rush forward an increase in the US banking sector’s M&A activities.
Sprint Nextel-Softbank merger complete
Nextel and Softbank announced the completion of their merger Nextel Corporation and SoftBank Corp. announced the completion of their merger. SoftBank invested approximately US$21.
Smithfield CEO grilled over Chinese acquisition of US agribusiness
C. Larry Pope said takeover by the Chinese would not change anything. Smithfield Foods Inc. Chief Executive Officer C. Larry Pope has answered to lawmakers suspicious of the proposed acquisition of Smithfield Foods Inc.
Naspers discuss US$1 billion bond sale
Naspers announced that they are considering the sale of US$1 billion bonds to fund acquisitions Naspers Ltd. announced that they are considering selling as much as US$1 billion in debt to fund acquisitions.
Latest News
US retailers created a plan to put up a fund worth more than US$40 million for Bangladesh factories.
Macquarie announced that they were able to finally close the deal with NG Groep NV Australia's Macquarie Group closed the deal with Dutch financial services firm ING Groep NV in South Korea.
Tivli gets financing from venture capitalists amounting to US $3.6 million. Tivli, which offers on-demand and streaming TV content to college campuses, today said it closed $6.
Saïd Business School Seed Fund invests in ACE and Onfido, both of which were established by Oxford alumni.
Boulder Brand acquires 80% of Level Life in a bid to expand as it continues product expansion. Boulder Brands, Inc. has acquired 80% of the shares of Gluco Brands LCC, which owns Level Life Foods.
The digital company gets a boost via a US $250,000 capital infusion. 7signal, maker of the Sapphire wireless LAN performance optimization solution, received a much needed boost after the US $250,000 infusion by the non-profit organization, JumpStart.
Yottaa secures US $16 million deal to finance expansion projects in Boston and Beijing. Yottaa, developer of performance automation service, announced that it raised another US $16 million in its latest financing round after the commitment of new investor, Intel Capital.
Revolutionary grocery delivery business gets US $8.5 million of series A financing to make its presence felt across the US.
The Chicago-based media company is set to spit its ventures just months after undergoing financial restructuring.
