For an undisclosed amount, Verdesian Life Sciences acquires INTX Microbials. Paine & Partners LLC firm Verdesian Life Scicnes LLC announced the acquisition of INTX Microbials LLC.
Sectors
Warner Bros studio enters co-financing deal
Warner Bros Pictures announced on Monday that it had entered a co-financing deal with RatPac Dune Entertainment to finance as many as 75 movies, said a Reuters report.
Perry Corp cuts stake in JC Penney
JC Penney shareholder Perry Corp had reduced its stake in the retailer, according to a filing showed on Monday.
Activision Blizzard's moves to repurchase its shares face legal stumbling blocks
The bid for independence of Activision Blizzard from Vivendi is still subject to shareholder approval.
Bankrupt LightSquared gets new bidding process approved by court
After its creditors opposing the original auction process for the assets of LightSquared Inc, the new plan was approved by the bankruptcy court.
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Tesco Plc had filed for bankruptcy for its US stores last Monday and planned a sale of 167 stores to Yucaipa Cos led by billionaire Ron Burkle.
The New Zealand government along with private lenders had agreed to aid stricken coal miner Solid Energy with a multi-million bailout fund.
Freddie Mac announced its new chief financial officer, James Mackey, a top executive in Ally Financial Inc. last Monday.
Wells Fargo & Co. said last Monday that it would pay USD780 million in cash to Freddie Mac to settle all repurchased home loans liabilities.
Two hours prior to a midnight deadline to avert a US federal shutdown, US stocks closer lower on Monday.
Blackstone Group LP had been in talks to sell its stake in a New Delhi based property valued USD40 million, said sources.
Kevin Dowd pleaded guilty against an insider trading case filed against him in a US District Court in New Jersey.
Ardian is the new entity formed when AXA Private Equity spun off from AXA Group. In an announcement, AXA Private Equity had said it completed its spin-off from the AXA Group.
Steve Case, Tige Savage and David Golden lead Revolution Ventures fund to the future. The Revolution Ventures fund, the first fund aimed at early stage investments, announced the expectation of closing USD200 million in commitments earlier today.
