Australian private equity firm Ironbridge said it will sell a bigger stake in the country's second-biggest in vitro fertilization company than initially planned in an initial public offering of shares.
1 min read · 05 June 2014
Wall Street banks are bracing for a clampdown and even fines if regulators determine they have violated guidelines aimed at stamping out reckless underwriting on leveraged buyout debt, according to Thomson Reuters International Financing Review and Thomson Reuters Loan Pricing Corp.
4 min read · 05 June 2014
British lender OneSavings Bank has set the offer price for its London initial public offering at 170 pence a share, valuing it at 413 million pounds ($692 million), the business said on Thursday.
1 min read · 05 June 2014
Texas power giant Energy Future Holdings will square off against creditors in bankruptcy court on Thursday over a key question, Reuters reported: Will borrowing billions of dollars prop up the business or deepen its insolvency?
2 min read · 05 June 2014
As Alibaba prepares for what could be the biggest tech company IPO to date, the Chinese e-commerce giant has been counseling employees on how to deal with the roughly $41 billion they could unlock through a New York listing.
6 min read · 05 June 2014
German consumer goods group Henkel & Co has agreed to buy French laundry product group Spotless in a deal worth around 940 million euros ($1.28 billion), writes Reuters. The company was sold by private equity firm BC Partners, writes Reuters.
1 min read · 05 June 2014
Alibaba Group Holding has acquired a 50 percent stake in Guangzhou Evergrande Football Club, winners of last year's Asian Champions League, for 1.2 billion yuan ($192 million), writes Reuters. Evergrande Real Estate Group Ltd will see its full ownership of Guangzhou Evergrande Football Club reduced to a 50 percent stake once the deal is completed.
2 min read · 05 June 2014
Airline ticketing company Travelport Worldwide Ltd, controlled by private equity firm Blackstone Group LP, filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock, Reuters reported.
2 min read · 04 June 2014
Kinaxis Inc trimmed the expected offer price of its initial public offering on Tuesday, in a sign that market demand for the Canadian software company's equity issue may not be as hot as originally expected, Reuters reported.
2 min read · 03 June 2014
KKR & Co LP said it would buy Internet Brands Inc, which operates CarsDirect and other websites, from private equity firms Hellman & Friedman and JMI Equity, Reuters reported.
2 min read · 03 June 2014
