China-based Alibaba and Sohu.com agree 50% increase in stake sale.
Category: Deals
HaloSource launches $80 flotation
HaloSource, a US-based company for water purification, issues $50m of new shares at its London Stock Exchange initial public offering and existing shareholders sell $30m of stock.
Noxxon continues fundraising injections
US-based venture capital firm CD Ventures provides further $2m for Germany-based Noxxon Pharma.
PayPal processes TradeShift investment
Online payment processing company PayPal has reportedly invested €12m ($16m) to €15m in European start-up TradeShift, according to news provider TechCrunch. TradeShift provides electronic invoices and was funded by angel investors Mårten Mickos, the former chief executive of software company MySQL before its sale for $1bn to database group Sun (subsequently bought by Oracle), and… Continue reading PayPal processes TradeShift investment
UCB shakes on $20m Synosia investment
UCB drugs company invests $20m and signs licensing agreement worth up to $725m with Synosia Therapeutics.
Inovisi takes stake in Ozura World
Pak Jerry, president of Indonesia-based Inovisi, says $30m investment and partnership with Ozura World will enable the company to ride on the mobile internet phenomenon.
Mail.ru plans UK flotation
Naspers and Tencent-backed Mail.ru could be worth up to $5bn at its London listing.
Christie enters Light Blue syndicate
Christie, a global maker of projection equipment, joins as a new investor in Light Blue Optics.
AdKeeper adds NYT to seed launch
Publisher New York Times Company backs AdKeeper’s launch alongside venture and angel investors.
Hulu circles US flotation
The initial public offering could value Hulu at about $2bn could be filed with the US regulator this year and take place in the first half of next year, Reuters said.
3M backs Printechnologics
3M’s New Ventures business invests an undisclosed amount in Printechnologics as both companies develop electronic circuitry on paper or foil.
Swisscom adds to Immatics harvest
Europe’s largest venture round of the year doubles to more than $150m the amount raised by Immatics Biotechnologies since its launch.
Taylor sends Giftango $5m present
Giftango closes $5m B round led by Taylor.
Sutrepa sews up PregLem exit
Gedeon Richter will pay up to SFr445m ($462.8m) for PregLem, a biopharmaceutical company focused on the treatment of gynaecological conditions and infertility.