CSM NV sold its bakery business to Rhone Capital while returning funds to its shareholders. CSM NV, a firm from the Netherlands, is giving back Eur250 million or $334 million, to its shareholders.
Deals
The Halifax Group acquires Envision Pharma
Envision Pharma, Connecticut-based scientific services provider, is acquired by private equity firm The Halifax Group.
CloudByte gains $6.1 million total funding
CloudByte, a California cloud company, raised $4 million in funds to add to its $2.1 million initial acquisition.
NTT acquires security services company Solutionary
NTT, the largest IT and telecommunications company in the world, buys security service provider Solutionary.
BookVibe developer Parakweet raises $2 million
Parakweet acquired $2 million in funding from several individual and angel investors. Parakweet, an online platform that offers product recommendations to the market, said on Tuesday that it has acquired $2 million in funding.
Latest News
KAGI AG of Switzerland is acquired by Paragon Partners of Germany. (Photo : REUTERS)A man carries a tray of food to pass to the customers in a restaurant.
Follett Corp. commits $50 million to the Follett Knowledge Fund. (Photo : Reuters)This is an image of several publications. Follett Corporation teamed up with Atrium Capital to establish Follett Knowledge Fund, a pool which strives to fund new technologies in the education sector, specifically content improvement, delivery and consumption.
CareCloud acquired $20 million in series B funding after Tenaya Capital led the round. (Photo : Reuters)This is a representation of cloud technology. CareCloud acquired $20 million in Series B funding today.
Franklin Templeton completed its buyout of Pelagos Capital Management. (Photo : Reuters)This is the logo of Franklin Templeton Investments. Franklin Templeton Investments finalized a deal to acquire the remaining 80 percent stake of Pelagos Capital Management, an investment firm focused in alternative investments.
A second option was added by Mengniu Dairy to its proposed acquisition for Calyle-backed Yashili International Holdings Ltd.
Johnson Controls is looking to sell its automotive electric unit after competitors failed to gain buyout interest.
British bank Lloyds said that there had been no political interference on the firm to sell a total of 632 branches to the Co-operative Group.
According to two sources, Springer Science's owners have entered new and intense discussions with BC Partners after rejecting the latter's previous offered bid.
Itau Unibanco Holding SA announced on Monday acquisition of 51% stake in Cencosud's credit card business.
