Horizon Tech provides New Haven Pharma a US$2 million loan. It was announced today that New Haven Pharma was able to secure a US$2 million venture loan from Horizon Technology Finance.
Investors
Valeant Acquires Actavis
Valeant Pharmaceuticals is in discussion to acquire Actavis for about US$13 billion. Valeant Pharmaceuticals International Inc, the largest publicly listed drug maker in Canada, is in discussion to purchase generics pharmaceutical firm Actavis Inc for US$13 billion.
Vodafone Shareholders Want Higher Bid
Vodafone shareholders, should the US$100 million bid be offered, wants to either merge with Verizon Communications.
PIMCO Seeking Non-securitized Loans for High Yields
PIMCO's head of credit portfolio management is seeking to acquire investments and loans that have high risk but provide high returns.
Norway's Sovereign Wealth Fund To Become More Active
With interests in Volvo and other corporations, the sovereign wealth fund of Norway seeks to be more active in its deals and management.
Latest News
Iconic Hostess Brands to return to the market after bankruptcy issues were resolved. Hostess Brands LLC disclosed plans to reopen its bakery in Kansas by summer.
Quintiles set for IPO worth an estimated at US$748.6 million. The largest service provider of testing services to pharmaceutical companies, Quintiles Transnational Holdings is expecting to price its shares between US$36 and US$40 for its public listing.
A judge of the New York State Supreme Court is set to decide on whether the buyout provision for opposing investors is legal in the Empire State REIT case.
Klovern AB issues new bonds pegged at three months STIBOR plus 4% due on 2017 with a volume of SEK 500 million.
Orkla Brands SA has purchased 90.11% shareholdings in Riber and Son ASA and is required to purchase all other outstanding shares.
Escrow.com and Artprice jointly develop processing of transactions for global online escrows in purchases using the system.
Major equity firms such as Carlyle, Pantheon and Victoria are setting up shop in Peru and Colombia. Three major private equity firms are opening up offices in the emerging markets of Peru and Colombia to ride the crest of deals that rate higher than the economic growth of Brazil.
Petromoc is mulling on IPO options as to venue and value. The Mozambique state owned distributor of petroleum products, Petroleos de Mocambique SA, is in the process of reviewing the possibility of an initial public offer of its shares either in South Africa or Europe.
BBVA's AT1 bond issue is expected to be the first of many of its kind under the new Capital Requirements Regulation in Europe.
