Two Chinese private equity funds are reported to be close to finalizing a deal to buy the asset management arm of Franco-Belgian financial group Dexia.
Deals
Aviva approached for sale of US life unit-paper
Aviva has received a number of unsolicited approaches from financial and private equity buyers for a U.S. unit estimated to be worth some 1 billion pounds ($1.57 billion).
EU mergers and takeovers (July 27)
The following are mergers under review by the European Commission and a brief guide to the EU merger process.
PhishMe Raises $2.5M Series A Funding to Support its SaaS Solution that Helps Train Employees to Recognize Malicious Emails
Round Led by Paladin Capital Group Enables PhishMe to Scale Sales, Services and Engineering to Help Solve Today's Toughest Cyber Security Threats.
Aniika - The Inspired bazaar (www.aniika.com) raises half a million dollars in funding
Aniika (www.aniika.com), an India based online curated bazaar for lifestyle products from emerging Indian designers has raised $500,000 in angel funding.
Latest News
Aviv REIT, Inc. ("Aviv" or the "Company") has acquired 15 skilled nursing facilities ("SNFs"), 3 assisted living facilities ("ALFs") and 1 long-term acute care hospital ("LTACH") in 5 separate transactions for $104.6 million.
Private equity group Investcorp is considering the sale of Armacell. Private equity group Investcorp is considering the sale of Armacell, one of the world's leading makers of insulation materials, aiming to capitalise on the growing need for energy efficient products, people familiar with the situation said.
United Technologies Corp has agreed to sell industrial businesses of its Hamilton Sundstrand subsidiary to Carlyle Group LP and BC Partners Ltd for $3.46 billion.
Australian equipment hire company Coates Hire is considering an IPO to raise up to A$800 million ($821 million) to help repay debts, sources said.
Meteor Development Group today announced $11.2 million in funding led by Andreessen Horowitz. Meteor Development Group, the company behind the Meteor open-source project, which produces a platform for building software applications, today announced $11.
bluebird bio today announced the successful completion of a $60 million Series D financing. bluebird bio today announced the successful completion of a $60 million Series D financing.
Sunrun, the nation’s leading home solar company, today announced that Credit Suisse has committed $200 million to help Americans obtain Sunrun solar power service.
The board of Billabong International is seriously considering a A$694 million ($713 million) offer from private equity firm TPG Capital.
Ancestry.com Inc (ACOM.O), the family-history research website, is exploring a sale to private equity firms and is hoping to solicit revised bids from them in early August.
