Elan is at risk of losing US$2 billion market value once Royalty Pharma walks away with its takeover deal.
Deals
Hyde Park Venture Partners finishes inaugural fund with $25 million
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.
Wrapp raises $15 million in Series B funding
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.
BC Partners nears acquisition of Springer Science
Scientific journal publisher Springer Science will soon be acquired by BC Partners for over 3 billion euros.
Circular Energy acquires Series A funding worth $2.7 million
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.
Latest News
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.
India-based Apollo Tyres Ltd shares were down by 18% after the announced US$2.4 million deal to acquire Cooper Tire & Rubber Co. due to worries of the company's debt.
Vanguard Natural Resources announces its public offering of 2,200,000 shares at US$25 per share. Vanguard Natural Resources LLC has announced today the pricing of its public offering.
Lululemon Athletica Inc. Chairman, Dennis Wilson sold his stock for US$49.5 million days before the announced surprise departure of the company's CEO Christine Day.
Empire Co, Sobeys' operator, announced its planned acquisition for Safeway Canada for Can$5.8 billion that will close later this year after regulatory approvals.
According to sources, Numericable hired Rothschild to work on a Eur5 billion Paris Stock Market debut within the year.
Five hedge fund rivals top the list of possible investment alternative firms after an estimated US$3 billion to US$4 billion outside money leaves SAC Capital Advisors by year end.
