Paint company Axalta Coating Systems Ltd's initial public offering raised about $975 million after its enlarged offering was priced at $19.50 per share, at the midpoint of its expected price range, Reuters reported.
1 min read · 12 November 2014
Singapore water treatment company United Envirotech Ltd (UEL), nearly 30 percent owned by private equity firm KKR & Co LP, said KKR and Chinese state-backed conglomerate CITIC Ltd will launch a takeover offer valuing UEL at about S$1.9 billion ($1.5 billion) on a fully-diluted basis.
1 min read · 12 November 2014
The debt-laden parent of outdoor advertising company Clear Channel Outdoor Holdings is exploring options for its European outdoor advertising business after receiving offers from private equity firms, sources told Reuters.
2 min read · 11 November 2014
On Deck Capital Inc, an online platform for small business lending, filed with U.S. regulators on Monday for an initial public offering of common stock, Reuters reported.
2 min read · 11 November 2014
Hortonworks Inc, a software maker focusing on crunching massive amounts of data generated through the Internet and mobile devices, filed with U.S. regulators on Monday for an initial public offering of common stock, Reuters reported.
2 min read · 10 November 2014
Italian tycoon Andrea Bonomi is gearing up to make a counter offer to buy Club Mediterranee (CMIP.PA), reigniting a battle for control of the French resort operator, La Lettre de L'Expansion reported.
1 min read · 10 November 2014
Private equity firm Golden Gate Capital is in the lead to acquire Angus Chemical Co, a specialty chemicals subsidiary of Dow Chemical Co, for more than $1 billion.
2 min read · 10 November 2014
Buyout groups BC Partners, Onex and Partners Group are set to bid for Swiss packaging maker SIG Combibloc in an auction likely to raise less for seller New Zealand's Reynolds than initially seemed likely, sources told Reuters.
2 min read · 10 November 2014
Private equity firm Nordic Capital has agreed to take over Norwegian broadcasting technology firm Vizrt at a 32 percent premium compared to its previous closing price, valuing the firm at around 2.5 billion crowns ($370 million.)
1 min read · 10 November 2014
KKR & Co (KKR.N), which led the acquisition of oil and gas producer Samson Resources Corp for $7.2 bln in 2011, plans to sell its North Dakota Bakken oil deposit worth less than $500 mln as part of ongoing downsizing.
3 min read · 10 November 2014