Postmedia Network Inc. announced through its newspapers Monday that it would be selling the home building of the Calgary Herald and the printing plant of Newspapers Vancouver Sun and the Province's printer, Kennedy Heights.
Sectors
Benu Networks raises new funding round
The Series B funding round of Benu Networks raised a total of USD26.6 million for the company. A USD26. 6 million Series B funding round was recently announced by Benu Networks Inc.
TapInfluence raises USD5 million in Series B funding
TapInfluence said that it had raise USD5 million in Series B funding led by existing and new investors.
Walgreens expands healthcare services, purchases additional drugstores
In addition to its recent partnership with lab testing company Theranos Inc, Walgreens Co purchased drugstore chain Kerr Drug for an undisclosed amount in preparation to the launch of the US's Affordable Care Act.
Clearlake Capital Group completes purchase of Futuris Automotive
Futuris Automotive is transferred to Clearlake Capital Group from Elders Limited. Last Tuesday, Clearlake Capital Group had completed its purchase of Futuris Automotive from Elders Limited.
Latest News
Graycliff Partners LP transferred its ownership of Rutland Plastic Technologies to the Riverside Company.
The third tranche of its pre-IPO investor round was completed by WISeKey raising an additional USD40 million.
Cisco said it would acquire Whiptail for USD 415 million in cash. Global IT leader Cisco announced that it would be buying Whiptail for USD 415 million in cash.
EADS Chief Strategist Marwan Lahoud said EADS would take its time in making new mergers and acquisitions as the company restructures.
The USD2 billion deposit by the Qatari government in support of former Egyptian President Mursi's government was converted to bonds by the current administration in Egypt.
Cisco Systems, Inc has opened a new business unit called Services Security Practice to expand in the security business market with tech industry veteran Bryan Palma as the unit's general manager.
Dubai's and Abu Dhabi's indices jump in value as Russian intervention on Syrian impasse promise to avert US airstrikes.
Marathon Oil Corp said it would selling its 10% stake in an Angolan oil and gas field for USD 590 million.
Instead of raising funds through the Dim Sum bond market, foreign companies in China opt for cross currency swaps to raise funds for operations.
