Kinetic Social receives US$8 million capital infusion from investors as well as a loan facility. The company that provides social media advertising, Kinetic Social, announced that it was able to raise US$8 million at the first closure of its Series A financing round.
Regions
Apollo Global Sharholdings to Undergo Major Changes
Apollo Global's two founders and other cornerstone investors have committed to sell off part of their shareholdings.
Coty to do IPO
Coty, the fragrance and nail polish maker, is preparing for an IPO. Nearly US$700 million is expected to be raised for the initial public offer of Coty.
Berkshire Hathaway Increases Stake in DaVita Health Care
Berkshire Hathaway increases shareholdings in DaVita Health Care. Berkshire Hathaway, the largest investor in DaVita Health Care Partners Inc, has entered into an agreement to increase its shareholdings to 25% of the US operator of dialysis clinics.
SoftBank May Meet Cold Reception During Visit
SoftBanks's CEO may meet a cold reception when their founder and president meets with Sprint shareholders.
Latest News
David Einhorn's Greenlight Capital has increased its shareholdings in Apple Inc. Greenlight Capital, David Einhorn's investment firm, has increased its investment position in Apple Inc.
Starwood Capital subsidiary purchases Blue Back Square Development for an undisclosed amount. Starwood Capital and Starwood Retail announced today that an associate acquired Blue Back Square.
Danone expands business in Turkey's bottled water market with the purchase of Sirma. The owner of the Evian water brand, Danone, has acquired a 50.
Ivan Menezes replaces Paul Walsh as the new CEO of Diageo. The globe's largest spirits distiller, Diageo, has announced that Ivan Menezes would become the new Chief Executive Officer of the company replacing Paul Walsh.
Neurophage receives US$6.4 million as investment capital. NeuroPhage disclosed in an announcement that it was able to accumulate a US$6. 4 million from its round of private equity growth fund.
Portugal bond sale met with high demand as For the first time since the bailout of 2011, Portugal sold ten year bonds. This is a clear manifestation as to the untiring efforts to restore investor confidence in the recovering economy of the country through the hard fought implementation of austerity policies.
Medifox Group to grow with ECM Equity at the helm. On Tuesday, German Equity Partners IV, a fund administered by the independent German private equity firm, ECM Equity Capital Management GmbH has purchased MediFox Group.
Sainsbury to acquire Sainsbury Bank in full from Lloyds Banking Group. The third largest supermarket retailer in Britain, J Sainsbury is in deep discussion woth Lloyds Banking Group as to the acquisition of full ownership of the Sainsbury Bank joint venture.
Solvay forms a JV with peer INEOS as preparation for its exit from the business. Solvay, the plastic and chemicals manufacturer from Belgium is seeking an exit from its European PVC business through the formation of a jount venture with INEOS.
