Danone expands business in Turkey's bottled water market with the purchase of Sirma. The owner of the Evian water brand, Danone, has acquired a 50.
Deals
SoftBank May Meet Cold Reception During Visit
SoftBanks's CEO may meet a cold reception when their founder and president meets with Sprint shareholders.
theScore Shares Acquired by Relay Ventures
Relay Ventures acquires theScore shares Relay Ventures had recently announced the purchase of 35,937,500 Class A shares for theScore Inc. The price per share is US$0.
Fixed Base Operator Rights for Chicago Airport Acquired by Hawthorne
Hawthorne Global Aviation Services purchased FBO development rights in Chicago. In an announcement, Hawthorne Global Aviation Services said that it had purchased from Sovereign Development Group the development rights for a Fixed Base Operator (FBO) at the Executive Airport of Chicago.
US$8 Million Financial Infusion for Kinetic
Kinetic Social receives US$8 million capital infusion from investors as well as a loan facility. The company that provides social media advertising, Kinetic Social, announced that it was able to raise US$8 million at the first closure of its Series A financing round.
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Neurophage receives US$6.4 million as investment capital. NeuroPhage disclosed in an announcement that it was able to accumulate a US$6. 4 million from its round of private equity growth fund.
Portugal bond sale met with high demand as For the first time since the bailout of 2011, Portugal sold ten year bonds. This is a clear manifestation as to the untiring efforts to restore investor confidence in the recovering economy of the country through the hard fought implementation of austerity policies.
Medifox Group to grow with ECM Equity at the helm. On Tuesday, German Equity Partners IV, a fund administered by the independent German private equity firm, ECM Equity Capital Management GmbH has purchased MediFox Group.
Sainsbury to acquire Sainsbury Bank in full from Lloyds Banking Group. The third largest supermarket retailer in Britain, J Sainsbury is in deep discussion woth Lloyds Banking Group as to the acquisition of full ownership of the Sainsbury Bank joint venture.
Solvay forms a JV with peer INEOS as preparation for its exit from the business. Solvay, the plastic and chemicals manufacturer from Belgium is seeking an exit from its European PVC business through the formation of a jount venture with INEOS.
Euroling has been purchased by EPiServer for the enhancement of its search engine SiteSeeker. EPiServer disclosed its purchase of Euroling, the Sweden based search provider.
Kopetz recapitalized through LMW2 capital infusion. Sikich Investment Banking disclosed its recently concluded deal, the recapitalization of Kopetz Manufacturing, Inc by LMW2 Partners, a private equity firm.
PT Electronic City Indonesia or ECI is planning to raise US$150 million through an IPO. One of the largest electronics retailers in Indonesia, PT Electronic City Indonesia (ECI) is now planning to raise nearly US$150 million through an initial public offer on June 2013.
Masayoshi Son, Softbank's founder and president is set to travel to the US to meet with major Sprint-Nextel shareholders.
