Pharmaceutical platform startup ZappRX received USD1 million in a recent seed funding. Pharmaceutical software startup ZappRX received USD1 million in its recent seed funding.
Firm Management
Keval Shah resigns from Citigroup
Keval Shah had announced resignation from the company as its co-head of FIG syndicate and would take a post at Lloyds Bank.
Sources: J&J puts clinical diagnostics unit on sale
Johnson & Johnson had launched a sale process for its Ortho Clinical Diagnostics unit valued at USD5 billion.
Deutsche Telekom submits application for sports betting license
Deutsche Telekom had applied for a sports betting license and is currently reviewed by the Interior Ministry of the German state of Hesse.
The new Robocop compared to the old Robocop
There are major changes done from the old Robocop to the new Robocop. The new Robocop is another remake of the Paul Verhoeven classic from 1987. The cast then were Nancy Allen and Peter Weller where a gunned down cop is reborn as part human part machine all policeman.
Latest News
Edge Products, the manufacturer of high quality parts for vehicle manufacturers, recently filed for Chapter 11 bankruptcy protection.
Banca Carige was advised by the Bank of Italy to make changes in policy and personnel as it prepares for regulatory changes for next year.
Versace CEO Gian Giacomo Ferraris announced that the company planned to sell a minority stake privately before launching an IPO.
Nokia had its focus redirected on network equipment manufacturing after it sold its handset units to Microsoft Corp.
In a surprise decision, Hyundai Rotem withdrew its IPO citing weak market conditions and industrial disputes.
Today, Parkway Properties Inc. announced that it had agreed to merge with Thomas Properties Group Inc. in a stock-for-stock transaction.
SDR Ventures announced the acquisition of Zeus and Company Pet Supply Distributors by Pet Food Experts.
Hyundai said it had reached a preliminary agreement with its union to help end the strike that had crippled their vehicle production.
TPG Capital-backed Surgical Care Affiliates filed for a USD 100 million US IPO. A regulatory filing revealed that Surgical Care Affiliates Inc filed for an initial public offering (IPO) in the US.
