Monomoy Capital Partners would acquire Escort Inc through the credit assistance of Monroe Capital. A funding worth USD78. 5 million senior secured credit facility was put in place by Monroe Capital to support the acquisition of Escort Inc.
Sectors
HTC One unveils phone in actual gold, but is not for retail
Five HTC One 3 mobile phones made with 18-carat gold were commissioned by the management of Music of Black Origin (MOBO) Awards to HTC Corporation.
High Liner Foods eyes more acquisitions to double profit
Canada-based High Liner Foods would be looking to acquire assets to increase its profit and be the largest frozen seafood company in North America.
Fenergo secures EUR 4 million in funds from Ulster Bank Diageo Venture Fund
Software company Fenergo raised EUR 4 million from Investec Ventures-backed Ulster Bank Diageo Venture Fund.
Pamlico Capital closes Pamlico Capital III with USD 650 million
Pamlico Capital closed Pamlico Capital III with USD 650 million in an oversubscribed round. Pamlico Capital announced it was able to close Pamlico Capital III with USD 650 million.
Latest News
Albion Ventures had decided to invest in Aridhia for its cutting edge informatics platform. One of the largest venture capitalists in the United Kingdom, Albion Ventures, had led a substantial investment in health and biomedical informatics company Aridhia Informatics Ltd.
Tweets from billionaire activist investor Carl Icahn confirmed the appointments of new directors of the board for Nuance Communications.
Sources told Bloomberg that Power Asset Holdings had approached banks for a USD 4.8 billion loan. Power Asset Holdings Ltd had been seeking a USD 4. 8 billion or HKD 37.
According to anonymous sources, Zulily Inc would be disclosing the financial details of its public listing plans this week.
The initial public offering of Stock Spirits Group would value the company at GBP 420 million or USD 675 million.
Michael Smith, current Australia and New Zealand Bank CEO, in an interview with Bloomberg's Susan Li said Hong Kong is the stepping stone towards China.
Sources told Bloomberg that Italian Prime Minister Enrico Letta was pushing for a state-controlled firm to back Alitalia in its planned merger with Air France-KLM.
Real estate firm Ledermann Immobilien cancelled its planned IPO today because of low demand. Swiss-based real estate firm Ledermann Immobilien said it would not push through with its planned initial public offering (IPO) anymore.
According to a report from USA Today, the new USD 100 note has a distinctive feel and new security features.
