KAGI AG of Switzerland is acquired by Paragon Partners of Germany. (Photo : REUTERS)A man carries a tray of food to pass to the customers in a restaurant.
Investors
BookVibe developer Parakweet raises $2 million
Parakweet acquired $2 million in funding from several individual and angel investors. Parakweet, an online platform that offers product recommendations to the market, said on Tuesday that it has acquired $2 million in funding.
Denham Capital invests on Endeavor Energy
Private equity firm Denham Capital gave $100 million to Endeavor Energy as capital to fund the expansion of the company in Afria.
Mediware Acquires Fastrack Healthcare Systems
Mediware acquires Fastrack Healthcare Systems along with its 300 new clients and related expertise, services, products and contracts.
Tom Hayes Charged in UK Libor Manipulation Probe
Tom Hayes, former trader at UBS AG and Citigroup Inc. was charged into manipulation of London interbank offered rate.
Latest News
Follett Corp. commits $50 million to the Follett Knowledge Fund. (Photo : Reuters)This is an image of several publications. Follett Corporation teamed up with Atrium Capital to establish Follett Knowledge Fund, a pool which strives to fund new technologies in the education sector, specifically content improvement, delivery and consumption.
CareCloud acquired $20 million in series B funding after Tenaya Capital led the round. (Photo : Reuters)This is a representation of cloud technology. CareCloud acquired $20 million in Series B funding today.
Franklin Templeton completed its buyout of Pelagos Capital Management. (Photo : Reuters)This is the logo of Franklin Templeton Investments. Franklin Templeton Investments finalized a deal to acquire the remaining 80 percent stake of Pelagos Capital Management, an investment firm focused in alternative investments.
A second option was added by Mengniu Dairy to its proposed acquisition for Calyle-backed Yashili International Holdings Ltd.
Johnson Controls is looking to sell its automotive electric unit after competitors failed to gain buyout interest.
British bank Lloyds said that there had been no political interference on the firm to sell a total of 632 branches to the Co-operative Group.
According to two sources, Springer Science's owners have entered new and intense discussions with BC Partners after rejecting the latter's previous offered bid.
Itau Unibanco Holding SA announced on Monday acquisition of 51% stake in Cencosud's credit card business.
Canadian restaurant chain, Tim Hortons faces another pressure from activist investor, Scout Capital Management after its announced stake increase in the company by 5.5% from the previous 1.5% as of the end of March.
