Blackberry Ltd. would be expecting an influx of takeover bids after its board's announcement that the company is open to "explore strategic alternatives", including a sale.
Investors
Portugal shortlists bidders for Caixa Seguros
Caixa Seguros bidders whittled down to two. The government of Portugal had decided to include two companies as bidders for the privatization of insurance arm of state bank Caixa Geral de Depositos.
Wishabi raises USD15 million in Series B round
Wishabi's digital circular platform is what investors saw fit to be capitalized in its Series B round.
MDIS gives MYR300 million to construct Malaysia extension
The Management Development Institute of Singapore (MDIS) would be investing MYR300 million of its money to construct a large campus at Educity, Nusajaya.
Subscription commerce leader Zuora announces new funding
Zuora received another USD50 million in capitalization making the total capital financing received at USD132.5 million.
Latest News
Supply chain services expert syncreon welcomes new investor Centerbridge Partners into the fold. One of the world's leading providers fo customized supply chain services, syncreon Holdings Ltd, announced it had formalized an agreement with its shareholders with Centerbridge Partners as to the latter's minority investment in the firm.
Oasis Petroleum purchased four acreages in North Dakota for USD 1.52 billion. Oasis Petroleum Inc inked four separate deals to purchase North Dakota acreage for USD 1.
ATK announced today that a definitive agreement has been set with Bushnell Group Holdings Inc to acquire the latter for USD985 million.
Hearsay Social, through investors Sequoia Capital and NEA, raised another USD430 million for its funding requirements.
In a surprise decision, Hyundai Rotem withdrew its IPO citing weak market conditions and industrial disputes.
Hamilton Lane raised USD 900 million for its third secondary fund Hamilton Lane Secondary Fund III. Private equity asset management company Hamilton Lane announced the success of its Hamilton Lane Secondary Fund III with USD 900 million in capital commitments.
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.
