Britain would float its majority share in Royal Mail through an initial public offering this financial year.
Deals
CIT GAP Funds invests in Virginia's CirrusWorks
CIT GAP Funds invested in CirrusWorks with the hope to control networks used by managers easier, faster and more efficient.
Travel booking provider Groupize receives US$2 million
Groupize raised US$2 million in its latest Series A fundraiser. Groupize, a travel booking engine provider, announced on Wednesday that it received US$2 million is Series A funding.
India’s Flipkart obtains US$200 million through private equity
India's Flipkart raised US$200 million from a clutch of private equity funds. On Wednesday, India's Flipkart raised US$200 million from a clutch of private equity funds.
Kymeta Gets US $50 million Series C Funding
The technology company gets a US $50 million series C financing that it aims to use for their expansion endeavors.
Latest News
ViaCyte raised a US$10.6 million from selling Series C-1 Preferred Stock shares. ViaCyte announced on Wednesday that it has raised a total of US$10. 6 million in Series C-1 funding.
Today, AC Lordi announced buyback of a former business unit from Chicago Growth Partners and Peppertree Capital.
Today, Serodus ASA announced merger with Phlogo ApS for the development of two first class drug candidates and project advancements.
Due to Carlos Slim's mega investment, analysts believe that app developer Shazam will gain access to millions of Latin American customers.
Kaseya acquired leading cloud and IT service provider Zyrion. Kaseya announced its acquisition of Zyrion, Inc. today. Zyrion provided software solutions for cloud and IT service monitoring.
Eskom Holdings SOC Ltd. struggled to plug an income gap worth ZAR191 billion. Eskom Holdings SOC Ltd. admitted that it was struggling for ways to plug an income hole of ZAR191 billion equivalent to US$19.
Leading location and communication app gets US $10 million Series B funding from DCM. Location and communication app Life360 clinched a US $10 million Series B funding, which brings its total financing to US $20 million to date.
TECO Energy Inc filed an approval application of its acquisition of the New Mexico Gas Co that was priced at US$950 million.
Asian REITs improved. REITs or real estate investment trusts in Asia are improving. In Hong Kong, the New Century REIT debut with a gain of 0. 6%. This REIT was backed by the Carlyle Group.
