North America

US private investor Starwood purchases UK's Four Pillars Hotels

US-based global private investment firm Starwood Capital Group has acquired UK-based hotel owner and operator Four Pillars Hotels through an unnamed affiliated fund for an undisclosed amount.


Belgian firm Solvay offers to buy bankrupt Plextronics in $32.6M deal

Brussels, Belgium-based chemical firm Solvay SA offered to buy Pennsylvania, US-based conductive polymer maker Plextronics Inc in a $32.6-million deal amid a Chapter 11 filing by the latter.

Private Equity Headhunters announces upgrade of executive search platform

Private equity-focused executive search platform Private Equity Head Hunters has upgraded its executive platform that helps executives and recruiters save time and make the recruitment process more effective.

Penn State's moon mission team launches $400K crowdfunding campaign

In a bid to bring home the $20 million prize money in the Google Lunar X Prize competition, Penn State launched a crowdfunding campaign on Rockethub to raise $400,000 by February to build its own moon rover prototype.


Latest News

Los Angeles, US-based startup BEZALEL launched a crowdfunding campaign via Kickstarter to raise $35,000 for the development a portable wireless charger for smart devices called ARK.
New York, US-based public holding company RCS Capital Corp entered a deal to buy Atlanta, Georgia-based investment banking firm JP Turner & Company for an undisclosed sum.
Private equity giant Warburg Pincus LLC will be acquiring a majority stake in Source, an asset management firm based in London for an undisclosed amount, Bloomberg reported.
Toronto, Canada-based commercial real estate services firm Avison Young bought Columbus, US-based firm PSB Realty Advisors for an undisclosed amount and opened a new office there.
Henrique de Castro, Yahoo's No. 2 chief who recently got fired, received a much higher compensation than other executives and even his boss Marissa Mayer when he was hired in 2012.
Wisconsin-based firm Salon Management Enterprises has acquired Fantastic Sams' seven hair grooming outlets in the Fox Cities and Green Bay region for an undisclosed sum, to be upgraded and re-branded to its NewStyle Salons brand.
The Canadian government has finally broken its silence about the Bitcoin, rejecting the digital currency as legal tender in the country, The Wall Street Journal blog Canada Real Time reported.
After saying no to an informal acquisition bid worth $100 million from AOL last year, Business Insider is likely set to raise new funds from its existing backers, re/code reported.
New Jersey, US-based medical device company Integra LifeSciences Holdings Corp completed the acquisition of dural repair product lines from Dublin, Ireland-based manufacturer Covidien for an undisclosed sum, to add to its neurosurgery product portfolio.
Industry insiders told the Los Angeles Times that Paramount Pictures will be retiring the 35-millimeter film and will be distributing movies in the digital format.