Delta Apparel Inc. announced today that its wholly owned subsidiary, To The Game LLC bought all assets of Salt Life Holdings including domestic and international trademark rights.
Investors
Aircel ties up INR8 billion loans to refinance existing debt
Aircel Ltd announced refinancing its existing debt through a tie up of nearly INR8 billion loans. Aircel Ltd. is a privately held telecom operator. The company had announced seeking nearly INR8 billion in loans with IDFC and Credit Suisse.
ShopPad raises USD500k seed funding
ShopPad announced today that it had received a total of USD500k in seed funding from angel investors.
Britain has growing competition between 4G network providers
Two more operators join the 4G race in Britain as it jumps into the superfast mobile top division. Britain is preparing to launch itself into the superfast mobile top division as two more operators launch 4G services.
Fonterra faces legal action from Danone-owned milk formula maker
After global food safety scare, Danone SA unit plans to take legal action against New Zealand's Fonterra.
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Today, Peer Advisors LLC had announced its acquisition for Celink, the biggest sub servicer of reverse mortgage loans in the US.
The US Senate investigation panel had asked energy regulators to hand over documents from an investigation with JP Morgan Chase & Co.
China Grand Auto is planning for a USD500 million IPO offering in Hong Kong. TPG backed China Grand Automotive Services Co had plans to list at least USD500 million of its shares in the Hong Kong bourse.
Six US banks led by JP Morgan Chase & Co. and Bank of America Corp. had piled up a total of USD103 billion in legal costs.
Endo Health Solutions announced acquisition of Boca Pharmacal for USD225 million. Endo Health Solutions Inc. is a specialty pharmaceutical company manufacturing both generic and branded drugs.
Investec would coordinate lending facilities for two power plants to be built in South Africa. Investec Plc would provide financing for GDF Suez as it develops two South African gas power plants.
Wayra, Telefonica's start-up accelerator announced its second global "Demo Day" scheduled on November 14, 2013.
NoSQL Couchbase received an additional USD25 million in a Series D funding round led by Adam Street Partners.
In a move to legalize online gambling, the state of Delaware through three casinos launched a free Facebook-linked gambling game called "DoubleDown".
