Argos Soditic acquires Natural Distribution for an undisclosed amount. Argos Soditic, an independent European private equity group with offices in Geneva, Paris and Milan, disclosed to the public that it acquired the National Distribution Group.
Sectors
Verizon Communications Hires Advisors
Verizon Communications has hired banking and legal advisers in preparation for a possible US$100 billion bid for Vodafone Group shares in their joint venture.
US$15 Million Loan for Skyline for Acquisition of Blue Mountain
Integrated Asset Management Group and its affiliate closes US$15 million loan for Skyline Blue Mountain Village.
Georgia-Pacific Acquires Buckeye Technologies
Wood and pulp producer Georgia-Pacific purchases Buckeye Technologies for US$1.45 billion. The US paper and pulp producer Georgia-Pacific LLC has agreed to purchase Buckeye Technologies for the price of US$1.
Intel Capital Led US$12 Million Funding Round for Gengo
Intel Capital leads US$12 million fund round for Gengo, the translation company. Gengo announced today that its recent funding round closed US$12 million additional funding.
Latest News
The Silicon Valley Venture Capitalist Confidence Index rose from 2012, indicating improved market opportunities for the year.
Funding for Genticel's HPV raises Eur18.2 million. Genticel, a biopharmaceutical company that develops original vaccines for patients who are contaminated with the human papillomavirus, announced today that it was able to secure Eur18.
Volometrix Concludes Series A Financing totalling US$3.3 million with US$1.6 million coming from Shasta Ventures.
Eniro AB share values increased significantly after it was able to renegotiate its three billion kronor deal.
Telekom Srbijia AD is not for sale as there is no policy set by the Serbian government. The state run Telekom Srbijia AD is not under any immediate plans to be sold off by the Serbian government.
IFC has forged a US$50 million credit facility for Acme Solar Energy projects. The World Bank's private sector finance arm, the International Finance Corp, has plans to loan as much as US$50 million to an Indian solar power developer in order to finance the building and operation of key power projects.
ICE's acquisition of NYSE Euronext would be reviewed by the EU competition regulator. The US$8. 2 billion purchase by Intercontinental Exchange of NYSE Euronext would be examined by European Union antitrust regulators.
Altor sells Euro Cater to consortium led by Intermediate Capital Group Plc. Altor, the private equity firm from Sweden said that it has entered into an agreement to sell its shareholdings in Euro Cater, the food services company from Denmark.
Coop Group cancels deal with Lloyds on the sale of the Verde Network. The Lloyd's Banking Group planned the sale of over 600 bank branches of the Cooperative Group, which has fell apart after the Cooperative Group decided not to proceed with the GBP750 million deal.
