Vodafone Ventures Egypts takes 22.22% stake in Agzakhana.com via venture capital

For a Round-A venture capital investment, Vodafone Ventures Egypt would be taking a 22.22% stake in online pharmacy Agzakhana.com.


Retention Science scores over USD 750,000 in additional funds from Forerunner Ventures

California-based Retention Science got more than USD 750,000 from Forerunner Ventures, an early-stage venture capital firm.

Alliance Global Group acquires Touch Solutions for backdoor listing of liquor unit

Alliance Global Group acquired Touch Solutions to facilitate the backdoor listing of its liquor unit.

Francesca outshines Lululemon in luring private equity bids

Women's boutique retailer Francesca's Holdings Corp. has ousted Lululemon as the most attractive company to date to land private equity bids.


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Tanzania's National Development Corporation signed a joint venture agreement with Nava Bharat of Singapore for an oil palm farm and processing facility.
Geneva-based biopharmaceutical company ObsEva announced that it was able to raise CHF 32 million for its Series A round.
Vodafone Group released a statement saying that there is “no certainty that an agreement will be reached.”
State-owned Mubadala Development Co and Amsterdam-based Trafigura Beheer submitted joint bids for Eike Batista's MMX Mineracao & Metalicos.
Wesfarmers Ltd was able to gather AUD 304 million through a lease securitization deal with a special purpose entity.
Renault SA COO Carlos Tavares would step down after publicly revealing desire to run General Motors Co or Ford Motor Co.
RHJ International had said that Germany's banking regulator would probably give its decision on its planned acquisition of BHF-Bank by September's end.
Fraser and Neave Ltd said that the company is in a dispute with its joint venture partner regarding its stake in Myanmar Brewery Ltd..
Carrefour posted improved profits in the first half of 2013 despite discontinuing a number of operations.
Although Javier Martin-Artajo had bought himself time by getting arrested in Madrid, lawyers involved in getting the JP Morgan ex-employee back believed that his extradition, though delayed, was inevitable.