Extreme Reach said it had agreed to the acquisition of the TV business of Digital Generation for USD 485 million.
Investors
Wanderu receives investments from institutional investors
Wanderu, the searching and booking start up firm, has received about US$2.45 in investment funds from established firms in the industry.
CDC and Abraaj invest in Rainbow Hospitals
CDC and Abraaj have jointly invested in Rainbow Hospitals. The development finance institution of the UK, CDC together with the Abraaj Group, one of the foremost investors participating in growth markets worldwide, have announced their financial investment in the Rainbow Hospitals group.
Renewable Resources Group Inc buys Sun World International LLC
Renewable Resources Group Inc agrees to purchase Black Diamond Capital Management's Sun World International LLC.
Catavolt closes Series B round with USD 5 million
Catavolt Inc scored USD 5 million for its Series B funding round. The world's foremost creator of a platform for cloud middleware enterprise mobility recently announced the closure of its Series B investment round.
Latest News
Evercore Wealth Management announced that Jewelle Bickford will be their new Partner and Wealth Advisor.
Sources said ThyssenKrupp was considering the sale of its plant in Arizona as its Steel Americas sale stalled.
Alkhabeer Capital said it would put more investments in the Gulf region and seek listing in the local bourse.
Two sources told Reuters that Barclays was mulling the sale of its UAE retail banking operations. Two sources told Reuters that Barclays is considering a sale of its retail banking business in the United Arab Emirates (UAE).
Sources told Reuters that Mizuho Financial Group offered to acquire a stake for Bank Panin from ANZ.
Triton Fund announced that it would acquire Alpine Energie from FCC. The Triton Fund announced that it had agreed to purchase Alpine Energie from Fomento de Construcciones y Contratas SA (FCC).
ATK won a contract with Orbital Sciences Corp. that would allow provision of the motor of solid rockets used for the latest air-launched space transport system.
A newspaper reported that British bank Lloyds Banking Group received bids for its Australian businesses.
Groupama sold its last stake in SocGen for EUR 517.8 million. French insurance company Groupe des Assurances Mutuelles Agricoles (Groupama) finally sold its remaining 1.
