New York, US-based activist investor Jana Partners LLC hiked its stake in Colorado-based oil producer QEP Resources Inc from 7.6% to 9.5% on Monday, and announced its plan to nominate board candidates for the company.
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US-based call marketing firm Invoca secures $20M in Series C funding
California, US-based call marketing company Invoca raised $20 million in a Series C funding round led by Accel Partners for its workforce expansion and product development.
Institutional investors pose renewed confidence in private equity- report
Institutional investors contributed $216.56 billion to US private equity funds last year, a sign of their renewed confidence in the asset class, a report from Private Equity Beat of The Wall Street Journal Blogs said.
Singaporean lender OCBC to spend $298M to increase its stake in Chinese Bank of Ningbo
Singapore-based lender Oversea-Chinese Banking Corp (OCBC) will spend around CNY1.8 billion ($298 million) to increase its stake in China-based firm Bank of Ningbo Co from 15.34% to 20%.
Globalive's Wind Mobile pulls out from Canada's wireless spectrum auction
Globalive's Wind Mobile has pulled out from a major Canadian wireless spectrum auction after its European backer Vimpelcom Ltd opted not to finance its participation.
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Centerview Partners is set to split fees reaching $90 million with two other banks involved in the transaction between Beam Inc and Suntory Holdings Ltd, Bloomberg reported.
Melbourne, Australia-based real estate classified service REA Group Ltd bought rental application service 1Form Online Pty Ltd in a deal valued at $15 million as part of its strategy to link its customers with property-related services.
Turn, a marketing software and analytics platform, was able to get $80 million from its Series E round from two of the biggest investment firms in the world.
Australia-based mining firm Rio Tinto Ltd purchased C$1.29 billion (A$1.32 billion) worth of shares in Canada-based mining company Turquoise Hill Resources out of contractual obligations but maintained its present stake.
Japan-based beverage firm Suntory Holdings Ltd announced that it would add US-based spirits company Beam Inc in a $13.6-billion cash deal to facilitate overseas growth for the Japanese firm.
Mobile analytics company Kontagent which merged with PlayHaven last month was able to raise $4.8 million, according to a VentureBeat report which cited a Securities and Exchange Commission filing.
Van Nuys, California-based apparel brand licensing firm Cherokee Inc acquired the Huntington Beach-based clothing brand of legendary skateboarder Tony Hawk in a deal valued at $19 million in cash.
Volusion was able to obtain a 35 million credit facility from Silicon Valley Bank, the first external funding the ecommerce firm received since it was established in 1999.
Chicago-based daily deals firm Groupon purchased New York-based flash fashion site Ideeli in a deal valued at $43 million in cash in a bid to compete with Amazon and other retail businesses.
