Another tech company joins the Unicorn club

The announcement that Symphony Communications has raised another USD 63 million of capital may not seem like a big deal, but the injection grants the business Unicorn status.

Arrivederci Alitalia!

It would appear that the inevitable has finally happened, with the announcement by Alitalia’s board, after a shareholder meeting held today, that they have formally requested that the company be placed into administration and either sold or liquidated.

Why some deals always catch your eye

Yesterday saw the announcement that Jimmy Choo has put itself up for sale.

Macquarie-led consortium finally lands UK Green Investment Bank

Some deals are worth waiting for. Today’s announcement brings an end to 22 months of speculation after a Macquarie-led consortium, which includes additional investments from Universities Superannuation Scheme, the UK’s private pension scheme for universities and other higher education institutions, agreed a deal for UK Green Investment Bank with the UK government.

Samsonite expands its luggage options

Having spent USD 1.8bn last August on the acquisition of Tumi Holdings, the company behind high-end luggage brand TUMI, Samsonite has announced today it is willing to continue spending to double the growth of the business.