Nouria Energy Corporation, a US-based convenience and fuel retailer, has completed the acquisition of J&S Oil, an American petroleum product wholesaler and convenience store operator.
The acquisition will help enhance the company's retail network.
The BigWebsite (feelunique.com), an online cosmetic and beauty products retailer based in the UK, has secured $28.4m in funding from private equity firm Palamon Capital Partners, among others.
The funds are intended to be used for further company expansion in the UK market along with financial growth in Continental Europe.
Atairos Management, an American investment firm, has invested $250m in Groupon, an e-commerce marketplace based in the UK that connects subscribers with local merchants.
The investment will be used for general corporate purposes, including the repurchase of stock, and payable in aggregate principal amount of 3.25% convertible senior notes that will be due in 2022 with an initial conversion price of approximately $5.40 a share.
Atairos chairman and chief executive officer Michael Angelakis will also join Groupon's board of directors as a part of the transaction.
Image: The online cosmetic retailer Big Website secures $28.4m in funding. Photo: courtesy of KaurJmeb via Wikipedia.