Australian furniture brand Brosa raises $3.9m from existing, new investors


The fund will help in Brosa’s transition from an online player to a omnichannel furniture brand

Temasek, China PE Hosen buy Quadrant’s majority stake in Australia’s Real Pet Food

The deal, that marks Quadrant’s exit, values Real Pet Food Company at $781.9 million

No tolerance for sexual harassment, says Fidelity chief after firing two execs

The firm and its CEO could get credit for handling the situation decisively.

Bitcoin startup Abra raises $16m Series B from Foxconn, Arbor Ventures, others

Return backers American Express Ventures, Jungle Ventures, Lehrer Hippeau and RRE also participated.

Cisco Systems buys US software firm BroadSoft for $1.71b

The deal, valued at $1.9 billion including debt, is expected to close during the first quarter of 2018.

Russian billionaire Deripaska’s En+ Group eyes $8.5b valuation in IPO

En+ wants to sell shares and global depositary receipts in Moscow and London at $14 to $17 apiece.

Australia: Azura Opthalmics closes $16m Series B led by OrbiMed

TPG Biotech, Brandon Capital fund, Ganot Capital also joined the round

Despite the hype, mainstream institutional investors stay away from bitcoin

The value of all cryptocurrencies has surged ten-fold this year to more than $170 billion.

Rocket-backed HelloFresh targets $1.8b IPO valuation testing investor appetite

The IPO will test investor appetite for food-delivery businesses.

Emaar Properties set to end UAE’s IPO drought, eyes real estate biz stake sale

Excluding Orient UNB Takaful PJSC, which hasn’t traded since it was listed in June, there have been no IPOs in the UAE. since 2014.