Payvia purchases Mogreet for its service enhancement. In an announcement by the leader in online and mobile payments, Payvia, it said it had purchased Mogreet, the renowned cloud-based communications program that enables businesses to entertain their mobile clients using enhanced media, video and text messaging.
Deals
Air Arabia Lands Loan Facility from Two Banks
Air Arabia finalizes a deal for loans from two GCC banks to help pay for the ordered A320 Airbus fleet.
Dar Al Arkan Lowers Sukuk Bond Price
Dar Al Arkan lowers yield of new sukuk bond issue to 6%. Dar Al Arkan, the Saudi Arabian real estate developer, after its previous announcements has now tightened the price range of its planned sukuk issue.
Grifols Acquires License and Purchase Shares
Grifols acquires exclusive licensing agreement as well as future shares in Aradigm. In an announcement, Grifols SA said that it was signing an exclusive licensing agreement for Aradigm's Pulmaquin and othe proprietary drug concoctions on inhaled ciprofloxacin.
BlackRock Purchases MGPA
BlackRock purchases real estate investment firm MGPA. In an announcement, BlackRock Inc said that it would be purchasing MGPA, the real estate investment firm in order to expand its real estate portfolio worldwide.
Latest News
Zyme Solutions receives new capital infusion. Zyme Solutions disclosed on Monday that it accepted new equity capital infusion to enable them to increase its growth to be able to meet the demand for its solutions.
Websense purchased by Vista Equity Partners. The world leader in providing security to organizations from the recent data theft and cyber attacks, Websense, Inc, disclosed that it got into a finalized acquisition agreement by the primary equity firm that concentrates on investments in data, software and technology based businesses, Vista Equity Partners.
KazAgro raises half of its projected US$2 billion Eurobond issue programme. KazAgro, the state holding firm of Kazakhstan, has raised US$1 billion in its initial Eurobond issue.
Goldman Sachs is in the process of selling off all of its ICBC shares in the Hong Kong bourse. Goldman Sachs is now in the process of selling its shares in the Hong Kong bourse.
GrubHub and Seamless to merge to form largest takeout delivery service company. The nation's leading service in take out orders, GrubHub Inc and Seamless North America LLC, announced on Monday the signing of a finalized merger agreement.
Microventures receives US$16 million in investments. Accredited investors of MircoVentures have invested US$16 million in start-up companies, according to announcement today of MircroVentures.
Electranova Capital invests in Forsee Power for development and growth purposes. In an announcement, Electranova disclosed its investment in Forsee Power Solutions.
Actavis is set to purchase Warner-Chilcott for specific purposes. Actavis Inc, the generics pharmaceutical company, has announced its intention to purchase Warner Cholcott Plc, the specialty pharma company.
PICC to offer IPO in both Shanghai and Hong Kong bourses. The state controlled insurance firm PICC Property and Casualty Co Ltd announced last Monday that is preparing for a planned right issue of shares in both Shanghai and Hong Kong bourses.
