Hyde Park Venture Partners closed its inaugural fund with expected $25 million in investments. (Photo : Reuters)The image are fund managers walking towards the sunset.

Social app Wrapp announced its raising of $15 million in Series B funding. Social gifting application developer Wrapp said that it has acquired $15 million in Series B investments, Thursday.

Scientific journal publisher Springer Science will soon be acquired by BC Partners for over 3 billion euros.

Solar design company Circular Energy raised $2.7 million in funding mainly from Cypress Capital. Circular Energy, a solar design and full-service installation company, raised $2.

Rhoen-Klinikum that discussiins with Fresenius SE is not precursor to takeover. Rhoen-Klinikum, a cooperation of hospitals and clinics based out of Bad Neustadt an der Saale in Germany, warned that the vote by its shareholders against the takeover of another German hospital operator is not a precursor for another for its previous bidder, Fresenius.

Cole Credit Property Trust II Inc. announced today approved merger with Spirit Realty Capital and will complete the deal by third quarter of this year.

Elan is at risk of losing US$2 billion market value once Royalty Pharma walks away with its takeover deal.

Fragrance maker Coty raises its initial public offering to US$1 billion on behalf of its shareholders making shares priced at midpoint of the proposed range.

Russian billionaire Alexander Lebedev is in talks to sell 4.5% of his stake in the country's flagship carrier, Aeroflot.

CEO for Royal Bank of Scotland was persuaded by the bank's board to step down to enable his successor to be in place prior the government's sale of its 81% stake.