Germany-based investor-startup matchmaker Venturate has been launched to compete with US-based firm AngelList, a platform that helps lead venture capitalists to the right investment that would fit in their portfolio.
Europe
Warburg Pincus agrees to acquire UK-based asset management firm Source
Private equity giant Warburg Pincus LLC will be acquiring a majority stake in Source, an asset management firm based in London for an undisclosed amount, Bloomberg reported.
London's Resource Guru bags $870K in seed funding
London-based team scheduling startup Resource Guru has raised $870,000 in a seed funding round led by Index Ventures to expand its workforce, product, and client base.
Dublin-based Actavis Plc to divest some Western European operations to India's Aurobindo Pharma Ltd
India-based Aurobindo Pharma Ltd will be purchasing the generic drug operations of Dublin-based Actavis in seven countries in Western Europe in a deal worth around €30 million, Bloomberg reported.
US regulators order Rabobank to address issues with anti-money laundering programs
The Office of the Comptroller of the Currency ordered Rabobank in December to straighten out the issues plaguing its anti-money laundering programs in an order made public recently, Reuters reported.
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Atlanta, US-based consumer credit reporting company Equifax acquired UK-based technology firm TDX Group in a deal valued at $327 million to expand its data and analytics services beyond the US.
Private equity firms KKR & Co and Permira Advisers exited a 16.6% holding in German commercial broadcaster ProSiebenSat.1 Media AG (PSM)in a deal valued at around €1.26 billion ($1.7 billion).
New York, US-based private equity firm KKR Financial Holdings will invest over $100 million in Dublin, Ireland-based helicopter unit of Lease Corporation International (LCI) to support the latter's growth plans.
Mexican tycoon Carlos Slim has decided to hike America Movil's stake in Telekom Austria to 26.8% by consolidating his company and family holdings in the Austrian telecom firm.
Spanish banking firm Caixabank announced on Thursday that it is planning to sell down its 5% interest in stock market operator Bolsas y Mercados Españoles at €29.60 to €30.75 per share.
Ingenious Media Holdings Plc has planned a £160 million or $262 million initial public offering for Ingenious Clean Energy Income Plc, its unit that invests in clean energy, Bloomberg reported.
A report on UK-based news firm The Guardian cited Sagan Ltd marketing director David Kay saying porn could help the online currency Bitcoin succeed because of its private and quick transaction methods.
UBS AG is bolstering the annual bonus payments it provides to its investment bankers in Asia by about 10%, according to sources interviewed by Bloomberg.
The National Security Agency in the US collects nearly 200 million text messages every day, storing in its database information like addresses, financial transactions and contact networks.
