Fancy raised US$53 million for international expansion of its current social commerce platform. The social commerce platform Fancy raised US$53 million, according to Bloomberg.

CVC Capital had announced that it is dropping its EUR2.5 billion fund after difficulties. One of Europe's biggest private-equity firms, CVC Capital Partners Ltd.

Welsh, Carson, Anderson & Stowe announced today that it has agreed to buy Service Repair Solutions which is backed by private equity firm, Warburg Pincus.

Welsh, Carson, Anderson & Stowe, a private equity firm announced that they will be acquiring Service Repair Solutions from Warburg Pincus.

Hasbro paid US$112 million cash for a 70% stake in Backflip Studios. Hasbro made a cash payment of US$112 million to acquire a 70% stake in Backflip Studios.

Today, Imperative and Purpose Economy announced merger with Aaron Hurst appointed as the new chief executive officer.

Cincinnati-based Fort Washington Capital has launched two new funds. Fort Washington Capital Partners Group, a private equity fund manager based in Cincinnati, had submitted its plan to launch two fresh investment funds that should raise a combined valuation around $150 million.

Most bankers experienced roadblocks in selling covered bonds as investors like Pacific Investment Management Co said that debts from fledging markets have drove them away.

YES Bank is close to securing additional capital funds. YES Bank in a plan to raise around US$500 million would be selling close to 10% equity to two separate private equity investor groups.

Aeroflot entered an agreement with the Manchester United Football Club as the official carrier for the team