AAA Deals – Page 1627

La Caixa backs Groupalia expansion

Groupalia, a Spain-based online collective buying website, has raised €5m ($7m) from a consortium including local bank La Caixa. Caixa Capital Risc, La Caixa’s venture capital division, joined venture capital firm Nauta Capital and angel investors Lucas Carné and José Manuel Villanueva, the founding partners of Groupalia peer Privalia. The company raised €2.5m in May… Continue reading La Caixa backs Groupalia expansion

Pfizer takes 40% of Teuto

US-listed drugs company Pfizer has agreed to acquire a 40% stake in Brazil-based generic drugmaker Laboratório Teuto Brasileiroa head of potential full acquisition from 2014. Pfizer will make an upfront payment of R$400m ($240m) and Teuto will be eligible to receive a performance-based milestone payment.  Pfizer has an option to acquire the remaining 60% of… Continue reading Pfizer takes 40% of Teuto