TOA Technologies gets US $66 million funding from Technology Crossover in a deal dubbed as the fourth biggest funding in software this year.
Investors
US market busiest in 2 months, sells US $30 billion on bonds
Goldman Sachs Group, Inc and Bank of America leads the corporate bond sales this week, which raked in approximately US $30 million.
Pyramid Group takes over management of Sheraton hotel
Pyramid Group takes the reins of Sheraton Hotel following the latter company's sale amounting to US $61 million
CEVA expands presence in China with acquisition of Sichuan subsidiary
French company CEVA enters into an agreement with Sichuan subsidiary to acquire the latter's stake in animal health subsidiary.
Kommunalkredit fails to find buyers, proceeds with run-off
Beleaguered lender Kommunalkredit proceeds with run-off after its efforts to find buyers fail. After its failure to find buyers, Kommunalkredit Austria AG is expected to close its books and attempt to sell off parts of its assets.
Latest News
Claridge Ventures announced that they are set to acquire Indo Global Exchange PTE LTD. Claridge Ventures, Inc. announced that they have entered a stock exchange agreement with the Indo Global Exchange PTE LTD.
Synovus Financial Corp announced the pricing of its 59,870,550 million shares set up for public offering.
UCP stocks opened at less than IPO price in its trading debut. UCP Inc. 's stocks opened at US$14. 75 in its trading debut. This share price was down from the company's IPO share price of US$15.
Nigerian Minister Aganga said the government wanted to build a venture capital sector. "We want to build a new sector called Venture Capital and private equity sector to support small and growing businesses in Nigeria," said Olusegun Aganga.
Babson Capital backs Silver Oak to acquire cleaning and safety products distributor The Tranzonic Cos.
Diamond Resorts International planned to sell shares at US$14 each in IPO. Diamond Resorts International, Inc. announced the price of the shares to be sold in its initial public offering.
TransMontaigne Partners announced the US$43.32 per unit pricing for their public offering. TransMontaigne Partners L. P. announced pricing of the company's underwritten public offering for 1,450,000 common units.
HgCapital invests in IntelliFlo, which transaction is set to be finalized by August. HgCapital's Mercury said it is putting in a majority investment in IntelliFlo Limited, one of the premier Software as a Service (SaaS) providers for financial advisors and brokers.
AstraZeneca acquired Omthera Pharmaceuticals. AstraZeneca completed its acquisition of Omthera Pharmaceuticals last July 18, 2013. Omthera announced last July 16 that its shareholders approved the acquisition.
