Bain Capital tops race for Yankee Candle but sale falls through. According to a report from Reuters, three people with knowledge of the matter disclosed that Bain Capital, LLC may appear to be the last survivor in the race for Yankee Candle Co, Inc.
Regions
Gagfah to refinance in order to fund projects
Gagfah is refinancing maturing loans to free up funds for renovations and/or acquisitions. Gagfah, the real estate group from Germany, said that it could increase its capital funding in order to finance renovations for the 145,000 flats currently in its portfolio.
Elliott Management Urges Changes in NetApp
Elliott Management urges change in policies and management in NetApp. Elliott Management purchased shareholdings in NetApp Inc and true to its activist hedge fund nature, the firm is moving the company to change its board and look for ways to increase shareholder value.
JA Solar Holdings Co to Repay Debt
JA Solar Holdings Co is ready to pay off US$119 million for interest and principal on bonds it had issued.
Qatar Holding LLC Purchases Shares in Porto Nuovo
Qatar Holding LLC purchases 40% of Porto Nuovo business district to expand its European real estate holdings.
Latest News
CSC ServiceWorks created by Pamplona Capital Management. The multi-family supplier for laundry requirements, Coinmach Service Corp and North America-based source of paid air services for car tire inflation, AIR-serv Group were acquired by Pamplona Capital Management at the price of US$1.
IT-Ernity receives financing support from GMT and VSS. GMT Communications Partners and Veronis Suhler Stevenson announced that they will be teaming up with the firm's management to grant growth finances to IT-Ernity.
StepLeader raises US$4.4 million in the recently concluded capital infusion round. Based in Raleigh, North Carolina, the leading developer of mobile application for local media, StepLeader Inc, announced that it was able to raise US$4.
Versus IO concludes Series A financing round for a total of US$1 million.
The world's most stylish product comparison program, VERSUS IO, disclosed today that it has concluded its Series A growth financial round which was headed by Earlybird Venture Capital.
The mining industry's largest merger started off with the unceremonous removal of the Xstrata board by Glencore shareholders.
Kite Pharma secures US$20M and converts existing promissory notes into Series A preferred stock. Kite Pharma Inc. disclosed today in an announcement that it secured a US$20 million private placement of its Series A preferred stock.
Dixons Retail may either sell off or close PIXmania as a business. The second largest electrical goods retailer in Europe, Dixons Retail, said that it was interested in selling off its PIXmania e-commerce business.
Vodafone partners with Deutsche Telekom for expanded services for the German market. In a new development, Vodafone would now be able to offer over broadband pay-TV to its German subscribers with the new accord signed with Deutsche Telekom AG.
Five Arrows Credit Solutions of Rothschild has concluded its first closure. In an announcement, Rothschild disclosed that its merchant banking arm, Five Arrows Credit Solutions, has concluded its primary closing with the estimated commitment of EUR235 million or US$302.
