JD Morris

REPOST: IND Pipeline 20181112 Funds

Investor Network Destinations (IND) is our sister blog that provides information on venture capital funded deals and funding of venture capital funds.

IND Pipeline 20181112 Funds

#indpick Orlando, Fla.-based Global Blockchain Ventures has launched a $100m blockchain technology focused venture capital fund.

OTHER NEWS ON FUNDS

Toyoda Gosei Co., a Kiyosu, Japan-based specialty manufacturer of rubber and plastic automotive parts, will establish a corporate venture capital department in January 2019
San Francisco, CA and Nashville, TN-based venture capital firm Health Velocity Capital closed its inaugural fund, at more than $185m
National Grid plc (LSE: NG; NYSE: NGG), an international electricity and gas company, has launched its venture investment and innovation arm
Talkdesk, a San Francisco, CA-based enterprise contact center platform, launched the Talkdesk Innovation Fund designed to drive the future of customer experience

Full Blog Post: https://investornetworkdestinations.com/ids-pipeline-20181112-funds/

Meet JD at CLO Summit Nov 28th

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We will be beta testing some of our VIP events in 2018 for our launch in 2019.

Meet JD Morris at the CLO Summit to experience some of our VIP programs for accredited investors, family offices, and other investors.

Contact Events@InvestorNetworkDestinations.com for our discount code for CLO Summit and other amazing events worldwide.

ABOUT CLO SUMMIT

Opal Group is proud to present our CLO Summit. The CLO Summit is an educational forum designed for investors, issuers, underwriters, rating agencies, lawyers and accountants. At this conference, they can learn the newest techniques to maximize returns and reduce risk exposure in this growing area of Asset-Backed Finance. An in-depth review of recent regulatory changes in addition to rating agency methodology, legal, tax and structural considerations will provide attendees with the tools necessary to stay one step ahead of their competitors.

The conference will serve as an opportunity where a meaningful dialogue can be opened to address concerns regarding this dynamic segment of the market. This event promises to be the “must attend” CLO event of 2018.

Learn more: https://opalgroup.net/conference/clo-summit-2018/

IN Pipeline 20181110 M&A focus

Meet JD Here at Opal Group’s CLO Summit.

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#pickbyjd French aerospace and defence company Thales is on track to secure conditional EU antitrust approval for its 4.8-billion-euro ($5.4 billion) bid for chipmaker Gemalto , a person familiar with the matter said, a move set to make it a leading player in digital security services.

** Austrian oil and gas group OMV has agreed on a joint venture with Malaysia’s Sapura Energy, paying $540 million for a 50 percent stake in its exploration assets, aiming to use it as a springboard for further expansion in Asia.

** Japanese drugmaker Takeda Pharmaceutical is set to win conditional EU antitrust approval for its $62-billion bid for London’s Shire, the biggest ever overseas acquisition by a Japanese company, two people familiar with the matter said.

** Brazilian retail tycoon Abilio Diniz’s holding company sold a 2.55 pct stake in Carrefour Brasil SA for 805 million reais ($214.63 million), a person with knowledge of the matter said.

** Industralist Sanjeev Gupta’s Liberty steel company has secured the financing for its acquisition of a Dunkirk aluminum smelter from Rio Tinto.

** A deal to create the UK’s second-biggest retail power provider has been delayed to beyond the first quarter of next year, with SSE and Innogy renegotiating merger terms after Britain’s regulator proposed a cap on energy bills.

** Laser and optical parts maker II-VI Inc said it would buy Apple Inc supplier Finisar Corp for about $3.2 billion, to grab a bigger slice of 5G investments and sell more sensors for iPhones and driverless cars.

** South Africa’s Discovery Ltd said it will issue 11.4 million shares to fund the acquisition of FirstRand’s stake in their credit card joint venture, a condition for the launch of its planned Discovery Bank.

** The chief executive of state-owned oil producer Saudi Aramco said he planned to discuss the purchase of a stake in Novatek’s Arctic LNG-2 project with Novatek’s boss in Moscow, the RIA news agency reported.

** Steelmaker SSAB’s subsidiary Tibnor has agreed to buy the steel distribution business of Denmark’s Sanistal in a 630 million Swedish crown ($69.65 million) deal, SSAB said in a statement.

** French bank Societe Generale has sold a 2.05 percent stake in clearing house Euroclear to Belgian state-owned financial firm SFPI, SocGen said.

** Germany’s antitrust regulator approved the planned merger of department store chains Kaufhof and Karstadt, owned by Canada’s Hudson’s Bay Co (HBC) and Austria’s Signa Holding.

** British online electricals retailer AO World has agreed to buy Mobile Phones Direct (MPD) for an enterprise value of 32.5 million pounds ($42.3 million), it said.

** Top U.S. grain merchant Archer Daniels Midland Co has approached Argentine soy crusher Molinos Agro about buying the company’s livestock feed and soyoil manufacturing plant, and talks may continue, three sources said.

** Australia’s Woolworths Group Ltd said it will sell its petrol business to British petrol retailer EG Group for A$1.73 billion ($1.25 billion). (Compiled by Mary Ann Alapatt in Bengaluru)

INbyJD 20181107 Venture Capital Funds

This is a beta blog and we have launched a new blog that provides daily deals with new venture capital investments plus other deals of note.

Investor Network Destinations

URL: https://investornetworkdestinations.com/

Today we highlight new venture capital funds on this beta blog. Our Senior Executive Advisors are angel investors and can fast-track your deals at many funds like NEA and other top funds.

NEW VENTURE FUNDS

Orlando, Fla.-based Global Blockchain Ventures has launched a $100m blockchain technology-focused venture capital fund

Hypertherm, a Hanover, N.H.-based based manufacturer of industrial cutting systems and software, formed Hypertherm Ventures, a new corporate venture capital arm

Crossplane Capital, a newly formed Dallas, TX-based private equity firm, has officially launched

Fenox Venture Capital and Sega Sammy Holdings, a Japanese general entertainment company group engaged in a range of businesses, including digital games, amusement machines, toys, animation production and resort facility development, have launched a $20m venture capital fund

Shavit Capital, a Jerusalem, Israel-based firm specializing in pre-IPO investments, completed a $100m funding for its fifth fund

Palo Alto, Calif.-based venture capital firm True Ventures closed two funds, totalling $635m

Minnesota Vikings Owners Mark & Zygi Wilf and the Wilf Family have formally launched WISE (Wilf Innovative Sports & Entertainment) Ventures, an investment fund based in Manhattan

ru-Net, the international early stage investment and venture capital firm founded by Leonid Boguslavsky, is rebranding as RTP Global

L Catterton, a Greenwich, CT-based consumer-focused private equity firm, Greenwich, is seeking to raise $625m for its fourth growth equity fund

ArchiMed, a Lyon, France-based healthcare private equity investment firm, has held the first close of a new mid-market buy-and-build fund

Arch Venture Partners, a Chicago, IL-based early stage venture capital firm, is seeking to raise $600m for its 10th fund

K&T Capital, a London, UK-based hybrid accelerator and venture capital firm, closed a €20M initial round of funding from private investors

Strategic Education, Inc. (NASDAQ: STRA), a Herndon, VA-based company dedicated to enabling economic mobility through education, launched a venture initiative

Bessemer Venture Partners, a global early-stage venture capital firm, launched a new $1.85 billion fund

DISCLAIMER: This is a beta blog. The information is provided by AP, Bloomberg, Forbes, Fortune, preqin, Reuters, TechCrunch, VentureBeat, Wall Street Journal (WSJ), and other 3rd party sources. Please check with the company website or venture capital firm for a press release as this is a beta blog that does not update information.

IN Pipeline 20181103

KKR

** Gene sequencing company Illumina Inc said on Thursday it plans to buy smaller rival Pacific Biosciences of California Inc in an all-cash deal valued at $1.2 billion, expanding its capabilities as the market grows.

** Australia’s MYOB Group said it will grant due diligence to KKR & Co after the U.S. buyout giant sweetened its offer to take full control of the accounting software provider firm to A$1.8 billion ($1.3 billion).

** Canada’s Encana Corp will buy Newfield Exploration Co for $5.5 billion, giving the natural gas producer greater access to North America’s biggest oilfields, and potentially spurring further deals.

** U.S. drugmaker Pfizer Inc is considering options, including a sale of its women’s health portfolio, Bloomberg reported, citing sources familiar with the matter.

** Canadian pipeline operator TransCanada Corp said it is eyeing joint ventures and asset sales, among other options, to finance the construction of its $8 billion Keystone XL crude oil pipeline.

mergers

IN by JD 20181030

#pickbyjd #dealoftheday The NuCom Group (NCG) and PARSHIP ELITE Group (PEG) are taking over 100% of the US online matchmaking pioneer eharmony. (see press release below)

(PRNewsfoto/eharmony)

OTHER DEALS OF NOTE

** Japan’s Shinwa Bank and Eighteenth Bank Ltd have decided to postpone their planned merger by six months, saying they wanted to bring the dates of their merger and systems integration closer together to avoid complications for customers.

** Britain’s Restaurant Group Plc said it had acquired the Wagamama noodle chain for 357 million pounds ($457.03 million) in cash, expanding its chain of pubs and airport and shopping mall eateries.

** AstraZeneca said it would sell the European rights to acid-reflux medicine Nexium to Grunenthal for an upfront $700 million and future sales-related payments of up to $90 million as it is not in the company’s targeted therapy areas.

Continue reading “IN by JD 20181030”

IN Pipeline 20181029 M&A

Our senior executives can fast track most deals. Even mega deals.

#pickbyjd (& everyone pick): IBM Corp’s $34 billion deal to buy Red Hat Inc RHT.N drove shares in the small but fast-growing software maker 50 percent higher on Monday, reflecting the huge premium IBM is paying to ward off any potential challenger bids.

Mega Deal

OTHER NEWS OF NOTE:

** Australian adult education provider Navitas Ltd rebuffed a A$1.97 billion ($1.4 billion) approach from its founder and a private equity firm, leaving some investors concerned the tactic may not generate a better deal.

** Takeda Pharmaceutical Co Ltd has proposed to European regulators it could sell a Shire treatment in development due to concerns of overlap in inflammatory bowel disease treatments and its own drug Entyvio as it seeks clearance for the two companies’ merger.

** Private equity firm EQT made a recommended 5.97 billion Swedish crown ($654 million) cash bid to buy Swedish specialty pharma group Karo Pharma.

** Hitachi has wrapped up a bitter feud with U.S. activist investor Elliott over Ansaldo STS, agreeing to buy the fund’s stake in the Italian rail signalling group as part of a move to take full control.

** Italian regional lender BPER is one of the possible partners for a tie-up with Unipol Banca, the CEO of Unipol group Carlo Cimbri told daily la Repubblica on Monday.

** Italian infrastructure group Atlantia and Spanish builder ACS have completed the joint acquisition of Spain’s Abertis in a 16.5-billion-euro ($19 billion) deal that creates the world’s biggest toll-road group.

** Germany’s ProSiebenSat.1 Media said it had bought U.S. online dating site eharmony, in the first significant deal since it carved out a new e-commerce joint venture with General Atlantic.

** A joint venture signed between defence company Leonardo and shipbuilder Fincantieri will favour Italy’s talks with France over a military shipbuilding deal, Leonardo CEO told Corriere della Sera.

** Greece’s privatisation agency said on Monday it signed a deal to sell railway maintenance company ROSCO (EESSTY) to TrainOSE, a subsidiary of Italian railway operator Ferrovie Dello Stato Italiane, for 22 million euros ($25.05 million).

** Cia Energética de Minas Gerais SA, Brazil’s No. 3 power utility, has received a “tentative offer” for its stake in the Santo Antônio hydropower dam, the company said in a securities filing, but no deal has been agreed on yet.

** Qatar’s Doha Bank has cut its exposure to the United Arab Emirates though an asset swap with UAE banks amid strained relations between the two countries, four sources said.

** The Italian railways is set to hold a board meeting on Monday afternoon to discuss an offer for the whole of flagship carrier Alitalia, a source close to the matter.