Hapag-Lloyd AG has agreed to buy Cia. Sud Americana de Vapores SA in a deal that would create the fourth biggest shipping firm in the world.
Staff Reporter
Lighthouse Funds has purchased 12.5 percent in Bikaji Foods International in a deal valued INR90 million, reported Economic Times.
Tencent Holdings would launch the Chinese version of Candy Crush Saga through a partnership with King Digital Entertainment.
Online website maker Squarespace has taken in USD40 million worth of Series B funding, reported TechCrunch.
Paperless Post has received USD25 million Series C funding led by August Capital, confirmed by TechCrunch.
Google Inc. has acquired Titan Aerospace without disclosing financial information regarding the deal, reported Ventures Africa.
Alibaba Group Holding's revenue has accelerated just in time before launching its public debut, reported ET.
Diageo Plc expressed its interest in acquiring 29 percent United Spirits stake, reported ET.
Financial services startup Betterment has received USD32 million funding round from new and previous investors, reported TechCrunch.
Twitter has acquired social data provider Gnip, enabling the microblogging site to sell its bulk data without engaging services from a middle man, reported TechCrunch.
Kenya's Britam would acquire 30 percent stake in Continetal Re Kenya Ltd in a deal valued USD3.5 million, reported Ventures Africa.
Jordanian startup Mixed Dimensions has raised USD1 million to go mainstream with 3D tools, reported TechCrunch.
Embattled Canadian smartphone maker BlackBerry has acquired healthcare IT firm NantHealth, reported TechCrunch.
Hacker Andrew Auernheimer a.k.a Weev has been freed from prison and talked about establishing a new hedge fund called TRO LLC, reported TechCrunch.
Naguib Sawiris has been looking at a potential investment in Telecom Italia, his latest attempt after failing to get hold of stake two years ago, reported Ventures Africa.
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