Campbell Soup Co announced that the sales of some of its European businesses to CVC Capital Partners is on the final stages.
Investors
Glencore Xstrata unit cuts workforce, reduces budget in Philippine mine
A unit of Glencore Xstrata revealed that it would scaling back on its workforce as well as its budget in the Tampakan copper-gold mine in South Cotabato, Philippines.
Yahoo-Perion partnership to benefit both parties
Yahoo entered into new partnership with Perion Network Ltd, which can benefit both parties by improving their individual services.
Blackstone expands apartments portfolio
Blackstone expands apartments portfolio by acquiring 80 apartment complexes for General Electric, in anticipation of a booming apartment rental market.
Blackstone Group-Fidelity Investments partnership democratizes hedge funds
The traditionally exclusive and sophisticated hedge fund investing market is now expected to be more open to the public through the partnership of Blackstone Group and Fidelity Investments, Reuters claimed.
Latest News
Everspin Technologies announced that it was able to close its Series B funding round with USD 15 million from venture capital firms.
Encision Inc named Dr. Patrick Pace as its new non-executive Chairman of the Board. Encision Inc announced that Dr. Patrick Pace will be the non-executive Chairman of the Board.
Amid dark forecasts on the PC market, especially for the future of Dell, Dell's buyout prospects may be on the rocks as well.
Tegile Systems announced the successful closing of its Series C funding round with USD 35 million in a round led by Meritech Capital Partners.
Prospect Capital Corp gave a loan valued at USD 80 million to Matrixx Initiatives Inc for its recapitalization.
InsideView said it was able to secure USD 19 million in a round led by Split Rock Partners. Software service company InsideView announced that it closed USD 19 million in financing on Monday.
Steinway Musical Instruments said that another investor topped the USD 35 per share offer of Kohlberg & Co with a bid of USD 38 per share.
Blackberry announced the creation of a committee to look into strategic alternatives like joint ventures, partnerships and sales to help revive the company.
Greece completed the sale of the 33% stake it held in OPAP SA to Emma Delta fund for EUR 652 million.
