Shares in TSB rose sharply following its debut on the London Stock Exchange after Lloyds Banking Group sold more of the offshoot business than originally planned, raising the prospect of a further sale this year, Reuters reported.
3 min read · 20 June 2014
Allied Minds Plc said its initial public offering was priced at 190 pence per share, giving the U.S.-based company that commercializes research and inventions from universities a market capitalization of 398 million pounds, Reuters reported.
1 min read · 20 June 2014
Private equity firms TPG Capital and Carlyle Group are planning to raise about A$2.5 billion ($2.4 billion) in an initial public offering of shares in Healthscope Ltd, Australia's second-biggest private hospitals operator, a source with direct knowledge of the plan told Reuters.
2 min read · 20 June 2014
First Data Corp will receive a $3.5 billion injection from existing and new investors, it said on Thursday, as its private equity owner, Kohlberg Kravis Roberts & Co, tries to offer debt relief to the one of the world's largest leveraged buyouts, Reuters reported.
2 min read · 19 June 2014
Markit Ltd said it priced its initial public offering at $24 per share, valuing the financial information service provider at about $4.3 billion, Reuters reported.
2 min read · 19 June 2014
British hedge fund firm Man Group has bought U.S. peer Numeric Holdings, backed by TA Holdings, for an initial $219 million to broaden its computer-driven business and increase its presence in the United States.
2 min read · 19 June 2014
Shares in Zoopla started trading 5 percent above the initial public offer price on Wednesday, writes Reuters. Zoopla, which was majority owned by Daily Mail And General Trust, priced its offering at 220 pence per share on Wednesday, after initially setting the range at 200 to 250 pence.
1 min read · 18 June 2014
CVC Capital Partners is to buy a 61 percent stake in Spanish hospital group Quiron from fellow private equity firm Doughty Hanson and merge the company with its other Spanish medical group IDC, writes Reuters. Quiron did not give any financial details for the deal, which it said was expected to be completed this month.
1 min read · 18 June 2014
Private equity firm TPG Capital LP-backed ATD Corp, one of the largest U.S. tire distributors, filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering, Reuters reported.
2 min read · 17 June 2014
BioCatch, a provider of technology for behavioural biometric authentication and threat detection, said on Tuesday it has completed a $10 million financing round.
1 min read · 17 June 2014
