Groupe V Média, the owner of French-language television network V, has bought specialty channels MusiquePlus and MusiMax from Bell Media Inc for an undisclosed amount. The Québec entertainment company was supported in the transaction by the Caisse de dépôt et placement du Québec, Fonds de solidarité des travailleurs du Québec FTQ and Investissement Québec, which invested $30 million to re-launch MusiquePlus and MusiMax and to expand Groupe V Média. With the joint investment, the three investors have become shareholders in the new multichannel broadcasting business.
The $300 million sale of Wind Mobile to a group of private equity investors will need to be followed by hefty investment and further deals before Canada`s No. 4 wireless provider poses a significant threat to its much larger competitors, Reuters reported. Wind Mobile founder Anthony Lacavera said the carrier would now focus on improving service and had no big expansion plans.
Ontario Teachers' Pension Plan is buying out co-shareholder Australian asset manager Macquarie Group Ltd in Bristol Airport, giving the Canadian institutional investor complete control of the U.K.'s ninth busiest airport, Reuters reported. Although the companies did not disclose financial terms of the deal, a source said Ontario Teachers could spend up to US$408 million to buy Macquarie European Infrastructure Fund's 50 percent stake. The deal is expected to close this month.
Goldman Sachs has led a $400 million funding round for Arlington, Virginia-based Privia, a physician practice management and population health tech firm.
PacificDataVision has closed over $218 million in funding in a private placement with unnamed institutional investors. FBR Capital Markets served as the placement agent. Also, PDV has bought all of Sprint Corp's 900 MHz spectrum licenses. Based in Paterson, NJ, PDV is a provider of mobile workforce management solutions.
Ontario Teachers' Pension Plan is buying out co-shareholder Australian asset manager Macquarie Group Ltd in Bristol Airport, giving the Canadian company complete control of UK's ninth busiest airport, Reuters reported.
Cardiorentis has inked an agreement to receive 45 million euros in financing from HC Royalty. Headquartered in Zug, Switzerland, Cardiorentis is a biopharmaceutical firm focused on treating heart failure and related cardiovascular diseases.
Corporate Finance Group has secured an undisclosed investment from Flexpoint Ford. Based in Boston and New York, Corporate Finance Group is a financial consulting firm.
Topspin Partners said Wednesday that it has acquired toy company Patch Products. The sellers were the firm's founders Fran and Bryce Patch. No financial terms were disclosed.
BlackRock has hired former Man Group executive Lars Meisinger as chief operating officer in Europe for its alternative investment unit, the world's biggest money manager said on Wednesday.