Flexitallic to be Acquired by Bridgeport

Flexitallic, the sealing product specialist has been acquired by international private equity firm Bridgeport.


Fastback Networks Completes Series B Financing Round

Fsstback Networks completes its Series B Financing raising US$15 million for the company. In an announcement, Fastback Networks said that it has closed its US$15 million Series B financing.

Onex Acquires Nielsen Expos

Onex, in a bid to expand its watch and buy segment, purchases Nielsen Expositions from its parent firm.

TallGrass Development Prepares TallGrass Energy IPO

TallGrass Energy IPO to be done with an expectation of revenues amounting to US$300 million. About US$300 million is expected to be raised by Tallgrass Energy Partners LP from its initial public offer.


Latest News

Freddie Mac offers ninety day and 120 day bonds. The second largest home mortgage company, Freddie Mac, has announced that it would be selling US$3. 0 billion of reference bills come Monday.
Series B fundraiser saw STAT-Diagnostica raise US$22.1 million. STAT-Diagnostica disclosed the conclusion of its Series B growth financing round that earned an estimated amount of US$22 million or EUR17 million.
US$7 million was raised by Merchantry from both old and new investors. In an announcement by Merchantry today, it disclosed that its Series B of Financing had raised US$7 million with Kite Ventures heading the round.
Corsair, the gaming components expert, has received US$75 million investment from Francisco Partners.
Marlin Equity Acquires Optical Networks to be rebranded as Coriant. Marlin Equity Partners disclosed in an announcement that the negotiations that began back in the 3rd of December 2012 regarding its intent to acquire the Optical Networks came to an end today.
Etihad, in a move to expand presence in Africa, partners with South African Airways for route sharing and other benefits.
Virtus expects a price per share between Aus$4.92 and Aus$5.68 and earnings of as much as Aus$449.4 million.
Alcobra Pharma to conduct an IPO projecting to raise US$27.3 million. A pharmaceutical firm in Israel is in the process of developing oral medication that reduce the side effects of the treatment of attention deficit hyperactivity disorder.
Dimension Data, a unit of NTT, would be purchasing AccessKenya through its subsidiary, Internet Solutions.
Clearwire issues a statement recommending the acceptance as the best option for minority shareholders.