Munich, Germany-based travel marketplace Excursiopedia has added Moscow, Russia-based startup Travelatus in an effort to become a leader in the international travel industry and help travelers find local activities.
Mergers & Acquisitions
Venezuelan bank Banesco has won the bid for a controlling stake in Spanish state-rescued lender NCG Banco through its €1 billion offer
Venezuelan bank Banesco has won the bid for a controlling stake in Spanish state-rescued lender NCG Banco through its €1 billion offer. Banesco bet out five other rivals in the auction.
Qatar's Al Jazeera is mulling over a bid for a controlling stake Turkish pay-TV company Digiturk
Qatar's Al Jazeera is mulling over a bid for a controlling stake Turkish pay-TV company Digiturk. Digiturk is an Istanbul-based satellite TV provider with an enterprise value of $1.5 billion.
Nordea Bank says Marine Harvest to lead consolidation in seafood industry as fish prices conducive to deals
According to Nordea Bank, Norway-based Atlantic salmon farmer Marine Harvest will be leading the consolidation of the seafood industry as fish prices improve, Bloomberg reported.
3D Systems inks deal with Xerox’s Solid Ink Teams in Oregon
3D printing company 3D Systems has bought the solid ink product design, chemistry, and engineering teams of Xerox in Wilsonville, Oregon for $32.5 million, according to a press release.
Latest News
Two of the top websites that link businesses with freelancers, Elance Inc and ODesk Corp, have merged to form a service with 8 million registered individuals.
Sweden-based online payments company Klarna has bought Germany-based firm SOFORT in an acquisition deal valued at $150 million to become one of Europe's biggest independent payments alternative.
New South Wales, Australia-based dairy firm Bega Cheese Ltd will consider stake options after dropping out of the three-way takeover contest for Warrnambool Cheese & Butter Factory Co.
US-based specialty healthcare company Endo Health Solutions Inc agreed to purchase pharmaceutical firm NuPathe Inc in a deal valued at $105 million for its new migraine medication.
The Tel Aviv District Court has cleared Eduardo Elsztain and Moti Ben-Moshe's rescue plan for highly indebted conglomerate IDB Holding Corp. The partnership's takeover bid has won support from IDB's bondholders and creditors this month.
Sources on Tuesday told the New York Times that William Morris Endeavor Entertainment has won the auction for sports and media talent agency IMG Worldwide. With a $2.3 billion offer, WME beat two other bidders backed by private equity firms.
The probe of the European Union involving an underwater power cable cartel is a test of the regulators' ability to penalize private equity investors and their parent firms, Bloomberg reported.
CFS Retail Property Trust Group has entered an agreement to pay $460 million to acquire the integrated retail asset management business of the Commonwealth Bank of Australia (CBA).
In a bid to outdo Twitter in terms of real-time sports discussion, social media giant Facebook has bought sports aggregator SportStream for an undisclosed amount.
