Retrax acquired by Kinderhook's Tectum Holdings LLC
No financial details were provided in the acquisition of Applied Products Inc or Retrax by Kinderhook's Tectum Holdings LLC.
Private Equity
Spotify Raises $1 Billion Through Financing Deal
Music streaming company Spotify raises $ 1 billion deal through financing in the form of convertible debt. TPG rounded the funds together with Dragoneer along with other institutional investors. The deal placed by Goldman Sachs is expected to close on April 2.
Yahoo Potential Buyers Have 14 Days to Present Their Bid
Yahoo potential buyers only have until April 11 to submit their bid. Along with the proposed amount are details on how the purchase would be financed, conditions or approvals to be met and what import..
Israeli investment firms get $665 million in 2016
Israel is witnessing an increasing number of new venture capital (VC) firms coming up. The country registered an inflow of $665 million VC funding during the first two months of the year. Unfazed wit..
Black Bear Diner Secured an Investment From PWP Growth Equity, Aims to Expand Business
Black Bear Diner had secured an investment from private equity fund PWP Growth Equity. The financial backing will be allocated to expand growth and coverage in new and existing markets. The restaurant..
Latest News
Yandex purchases Russian-language movie website to expand search business
In an announcement today, Russia's largest search engine company Yandex said it had acquired Kinopoisk, a movie review site, for an undisclosed amount.
AstraZeneca purchases Spirogen for USD440 million
British drugmaker AstraZeneca announced on Tuesday that it had purchased biotech company Spirogen in a deal worth USD440 million in total.
VEBA pegs Chrysler stake at USD3.6 billion
VEBA Trust pegs shareholdings at USD3.6 billion.
Germany's Bundesliga inks deal with 21st Century Fox Inc
Rights coverage and greater viewership are promised in the new deal between 21st Century Fox Inc and the German Bundesliga.
Saudi Arabia joins shale gas economy
By utilizing shale gas reserves in the country, Saudi Arabia can use the now popular energy resource for local purposes and use its oil for exclusively for export purposes.
LongVue Capital invests in MRO firm
Maintenance, repair and overhaul firm Ascent Aviation Services Corporation receives capital infusion from private equity firm LongVue Capital.
KKR acquires Mitchell Int'l from Aurora Capital
KKR purchases Mitchell International from Aurora Capital for an undisclosed amount.
OVL and Shell exercise pre-emption right over Petrobras oil block
In order to block the bid of Sinochem, OVL and Shell filed notice of purchase on the USD1.543 billion oil block interest from Petrobras.
Frontier Beverage finalizes acquisition of companies strategic for its expansion
Frontier Beverage Company Inc announced today that it had completed its acquisition of holding company 22 Social Club Productions Inc and its subsidiaries Blue 22 Entertainment and AppQwest LLC
