Stockholm-based Fishbrain, the company behind a widely popular social network for sport fishing, said on Wednesday it had raised $13.5 million in a series B funding round led by venture capital firm B Capital Group to boost staffing and speed up user growth.
1 min read · 07 March 2018
Brazilian financial startup Nubank said on Thursday it raised $150 million in a new financing round led by venture capital firm DST Global Investment Partners, alongside other current investors, such as Founders Fund, Redpoint Ventures, Ribbit Capital LP and QED.
1 min read · 07 March 2018
Healthcare data analytics company Inovalon Holdings Inc (INOV.O) said on Wednesday it will acquire Ability Network, a provider of information technology, in a deal valued at $1.2 billion.
1 min read · 07 March 2018
Embattled private equity firm Abraaj has begun freeing large investors from millions of dollars in capital commitments after deciding to suspend its new fund, Reuters is reporting.
3 min read · 07 March 2018
After months of patience and private lobbying, the U.S. investment bank has decided it can no longer wait for clarity from lawmakers on how its business might be impacted by Britain’s imminent exit from the trading bloc and is taking the steps to minimize disruption to clients, Reuters reported.
1 min read · 07 March 2018
BlackRock (BLK.N), George Soros and big sovereign wealth funds are among investors expressing interest in buying stakes in the initial public offering of Deutsche Bank’s (DBKGn.DE) asset management arm, Reuters reported.
3 min read · 06 March 2018
Banks have lined up a £1.75bn-equivalent leveraged loan financing backing Motor Fuel Group’s (MFG) £1.2bn acquisition of MRH, the UK’s largest petrol station and convenience retail operator, Reuters reported.
2 min read · 05 March 2018
Lenders to IHeartMedia Inc have agreed to give the largest U.S. radio broadcaster through Wednesday to try to reach a deal to restructure its $20 billion in debt, Reuters reported.
2 min read · 05 March 2018
The Chicago Stock Exchange on Monday said it formally terminated its merger agreement with a consortium led by China-based investors following the U.S. Securities and Exchange Commission’s Feb. 15 decision to block the deal, Reuters reported.
1 min read · 05 March 2018
British group Acacia Pharma said on Friday it had priced its initial public offering on the Brussels stock exchange, raising 40 million euros ($49.09 million).
1 min read · 02 March 2018