FinancePlus Top Menu

News, Deals and Events from FinancePlus

Spanish Pharmaceutical Manufacturer on Sale

The Company is dedicated to the manufacture of OTC nutraceutical products (including herbal medicine) and dietary food supplements, for third-parties only, in solid and liquid forms. Products manufactured vary from powdered mixtures, tablets and capsules to oral liquids, and are available in a variety of packing formats such as bottles, ampoules, vials, blister packaging and […]

Fosun Pharma, TPG agree to buy Chindex in sweetened $461 mln deal

SHANGHAI, April 21 (Reuters) – Chinese drugmaker Shanghai Fosun Pharmaceutical Group Co Ltd and private equity firm TPG Capital agreed to buy China-focused Chindex International Inc in a beefed-up $461 million deal after trumping a rival bid. The U.S.-listed healthcare firm signed a sweetened merger agreement after the consortium raised its offer to $24 per […]

Birchbox banks $60 million

Fortune April 21, 2014 Two years ago, “stuff in a box” was all the rage among startups. The young and funded were hawking subscription memberships for coffee, razors, jewelry, sex toys, shoes, and booze. All of it seemed very faddish, and indeed, many of these startups have petered out. Those that have thrived have done […]

AdRoll Raises $70M Led by Foundation as Ad Tech and Retargeting Hit the Big Time

TechCrunch April 21, 2014 AdRoll, a pioneer of online advertising retargeting (the technology that pushes you ads for products that you have viewed online previously), is today announcing a major round of funding: $70 million, which AdRoll plans to use to capitalise on the current surge of interest in ad tech as a way of […]

Perfect World joins consortium offering to buy out Shanda Games

April 21 (Reuters) – China’s online game developer Perfect World Co Ltd said it joined the consortium offering to buy rival Shanda Games Ltd. Perfect World said it would buy 30.3 million class A Shanda Games shares for $100 million from Shanda Interactive Entertainment Ltd, a shareholder in Shanda Games. Shanda Interactive and an affiliate […]

E-learning platform Netology raises Series A funding round from InVenture Partners

East-West Digital News April 21, 2014 Netology, a major Russian online education platform featuring interactive video courses, announced last week that it had completed a Series A round of financing from InVenture Partners, a $100-million Russian venture fund. The amount of the transaction was not disclosed, but the company stated that the investor had secured a […]

LoginRadius Raises $1.3 Million in First Round Financing

FinPlus The Canadian social login and sharing service for websites, which now serves more than 100,000 sites in more than 180 countries, has raised its first financing. Founded by Rakesh Soni and Deepak Gupta the Edmonton based company is a graduate of FounderFuel, the Montreal-based startup accelerator. According to a press release from the company, […]

Airbnb Said to Close Fund-Raising Deal With Group Led by TPG

New York Times Deal Book April 18 Airbnb has closed a new round of financing from a group led by TPG Growth that values the home-sharing company at about $10 billion, people briefed on the matter said on Friday. The group, which invested $475 million in the company, also included Dragoneer Investment Group, T. Rowe […]

Helsinki conference invites Russian startups and investors to discuss funding, scaling, and exiting challenges

East-West Digital News ArcticStartup, the Helsinki-based news blog covering breaking startup news from the Nordics and Baltics, is proud to announce the upcoming “Arctic15: Exit Path” conference, which will pull in an estimated 800 entrepreneurs, investors, and corporate M&A advisors in Helsinki on May 27th and 28th. More than 20 international speakers will attend the […]