Money and calculator

Chiquita and Fyffes identify additional USD20m post-merger savings

Chiquita Brands International and Fyffes have updated the anticipated annualised pre-tax cost synergies for the proposed combination of the two businesses. »


Handshake

bfinance strengthens Middle East presence

bfinance, an independently owned investment consultancy, has added to its service and advisory capabilities in the Middle East with the hire of a senior consultant. »


London

Prudential Capital Group appoints head of London office

Prudential Capital Group has appointed Michael Berry as a managing director and head of its London office. »


Social media

UK finance industry welcomes Social Media Charter

Key figures from the UK’s financial industry have welcomed the launch of the Social Media Charter, which aims to ensure compliant use of social media. »


Job page

ZipRecruiter raises USD63m led by Institutional Venture Partners

ZipRecruiter has closed a USD63 million Series A funding round led by Institutional Venture Partners (IVP) with participation from Basepoint and Industry Ventures. »


Germany flag

Paul Hastings advises Ocean Holding on Düsseldorfer Hypothekenbank acquisition

Paul Hastings has advised Ocean Holding on the acquisition of the Düsseldorfer Hypothekenbank, a German mortgage bank, from the US investor Lone Star. »


Casino

Brentwood Associates acquires Marshall Retail Group

Brentwood Associates, a consumer-focused private equity investment firm, has acquired Marshall Retail Group, headquartered in Las Vegas, Nevada. »


Biotechnology

Life sciences VC investments soar to highest level since 2007

Venture capital (VC) funding for the life sciences sector, which includes biotechnology and medical devices, reached USD2.5 billion in 195 deals for the second quarter of 2014, according to a report. »


Oil rig

Riverstone commits USD200m to Origo Exploration

Riverstone Holdings will be one of three cornerstone investors in new Norway and UK-focused exploration and production (E&P) company Origo Exploration. »


South East Asia

KKR strengthens Southeast Asia team with new hires

KKR has appointed Jaka Prasetya, former managing partner and founder of Leafgreen Capital Partners, as managing director to lead the firm’s Indonesia efforts as well as credit and special situations initiatives in Southeast Asia. »


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