Quill's CEO and founder announces GBP1 million funding round. In an announcement, Ed Bussey said that it had closed GBP1 million as investment in Quill.
Sectors
Lenta Planning on IPO
Lenta is said to be planning an IPO at the London bourse as early as the fourth quarter of this year.
Cisco Seeking Nullity of Microsoft-Skype deal
Cisco is seeking EU intervention on its claims of monopolistic effect of Microsoft's purchase of Skype.
Littlejohn Invests in Gulf Coast Shipyards
Littlejohn makes an equity investment in Gulf Coast Shipyard Group Inc. Private investment firm Littlejohn & Co, LLC, based out of Greenwich, CT had announced that it made an equity investment in Gulf Coast Shipyard Group Inc.
FNF to Purchase LFS for US$2.9 Billion in Cash and Stock
FNF to purchase LFS for US$2.9 billion in cash and stock. Fidelity National Financial Inc, the US title insurer, in an announcement said that it would be purchasing Lender Processing Services Inc.
Latest News
Britain's Crown Estate enters into a joint venture agreement with Canada's Oxford Properties for the redevelopment of the St James district.
Kazakhmys sells off MKM to an undisclosed buyer. Kazakhmys, the copper mining firm from Kazakhstan, announced last Tuesday that it had sold MKM, its semi-finished copper products business in Germany.
TECO Energy and Continental Energy agrees to purchase New Mexico Gas Co. In an announcement, TECO Energy Inc had said it had entered into a stock purchase agreement with Continental Energy Systems LLC and its unit, New Mexico Gas Intermediate Inc.
Hedge fund group is seeking to break up Kleinwort Benson for poor performance and 'erratic' management strategy.
AstraZeneca acquires Omthera's fish oil derived pharmaceutical line. In an announcement, AstraZeneca would be acquiring Omthera Pharmaceuticals for the price of US$443 million to boost its cardiovascular drug business.
Azul Linhas Aereas is planning a share sale to raise funds to purchase new planes. Azul Linhas Aereas, the third largest airline of Brazil, is planning to raise 1.
Valeant purchases Bausch & Lomb to create business unit that can generate US$3.5 billion in net revenue.
EFES is affected by law passed by the Turkish government. The largest beermaker in the Middle East is being buffetted in the world's credit markets at the same time Turkish Prime Minister Recep Tayyip Erdogan has been clamping down on sales of alcohol and its attendant advertising.
The Brazilian National Bank would be funding the railroad connection between Ethiopia and South Sudan.
