Actavis purchases Valeant's antibiotic vaginal gel worth US$55 million. Actavis, the generic pharmaceutical firm, has purchased the global rights to Valeant Pharmaceuticals International's antibiotic vaginal gel.
Deals
Globespan Lead the Series C Round of VNTurbo
Globespan Capital Partners leads Series C Financing round for VNTurbo. The leading provider of software-defined control programs for cloud and virtualized environments, VNTurbo disclosed in an announcement today that Globalspan Capital lead its Series C financial infusion round.
Texas Instruments Sells Debt Bond at Record Low Interest
Texas Instruments sells debt bonds at 0.45% coupon in a two part offer to amount to US$1 billion. Texas Instruments is one of the companies that have sold a three year debt note with a record low 0.
Andante Travels Obtains Investment from Panoramic Growth Equity
Panoramic Growth Equity invests in Andante Travels. Panoramic Growth Equity, one of the leading equity investors in entrepreneurial companies, had announced its GBP1.
US$16 Million from Andreessen Horowitz for Dwolla
Andreessen Horowitz heads fundraising for Dwolla worth US$16.5 million. According to Reuters, Venture Beat reported that Andreessen Horowitz, headed the third funding round for Dwolla.
Latest News
In a cash and share combination purchase, NV5 acquires Consilium Partners. NV5 Holdings Inc is in the business of providing of professional and technical engineering and consulting solutions.
GDF Suez and Santos may seek partners and/or investors for offshore Bonaparte LNG project. Australia's third largest oil production company, Santos Ltd has announced that the proposed Bonaparte floating LNG venture with GDF Suez SA off the northen coast may require another partner.
Coda Holdings sought bankruptcy protection in Wilmington, DE, with the Coda Electric Car manufacturing unit as among the assets to be sold off.
QIB CEO Bassel Gamal said that the bank would no longer issue any more sukuk bonds until 2014. The Gulf region's largest sharia compliant banking institution in terms of assets, the Qatar Islamic Bank, has said that it is not expecting to issue more Islamic bonds before 2014.
Emma Delta, as required by the Athens government, increases its bid for OPAP, the Greek gambling monopoly.
Melrose Industries sells off Tyman Hardware for US$200 million. Melrose Industries Plc, the engineering turnaround specialist, has announced that it would be selling off its North American hardware company.
Chris Hansen's bid to move the Kings to Seattle has been rejected by the NBA committee of owners.
Tim Hortons Inc is being forced by activist investors to undertake aggressive financial engineering despite healthy condition.
Z Energy Ltd open for IPO in New Zealand. Z Energy Ltd's owners, a gas station conglomerate that provides one third of all of New Zealand's fuel needs, has appointed a number of banking institutions for the possible sale of as much as 60% of the company on the public bourse.
