Private equity firm Warburg Pincus LLC is exploring a sale of New Breed Logistics Inc in a deal that could value the supply chain management company at more than $1 billion, people familiar with the matter told sister news service Reuters.
2 min read · 05 May 2014
Trustwave, a provider of security technology for processing payment card transactions, on Friday withdrew its application with the U.S. Securities and Exchange Commission to sell shares to the public in an initial public offering, Reuters reported.
1 min read · 05 May 2014
IK Investment Partners has asked rival buyout groups to submit bids for Germany-based fire extinguisher maker Minimax by the end of this month, three people familiar with the process told Reuters.
1 min read · 05 May 2014
Oil and gas company Eclipse Resources Corp filed with U.S. regulators for an initial public offering of common stock that would raise about $100 million, Reuters reported.
2 min read · 05 May 2014
Sterigenics, a sterilization services provider owned by private equity firm GTCR LLC, raised its buyout offer for Nordion Inc to $758 million from $727 million on Monday, after the Canadian medical isotope supplier received a rival bid from an unnamed buyer.
1 min read · 05 May 2014
Warren Buffett on Saturday gave an endorsement for the online home rental service Airbnb Inc, after receiving many complaints from Berkshire Hathaway Inc shareholders about how many Omaha hotels had jacked up room rates on the weekend of the company's annual meeting.
2 min read · 05 May 2014
Papa Murphy's Holdings Inc's shares rose as much as 10 percent in their debut, valuing the take-and-bake pizza chain operator at about $205 million, Reuters reported.
1 min read · 02 May 2014
IK Investment Partners has asked rival buyout groups to submit bids for Germany-based fire extinguisher maker Minimax by the end of this month, sources told Reuters.
1 min read · 02 May 2014
U.S. drugmaker Pfizer Inc increased its offer for AstraZeneca Plc to 63 billion pounds ($106 billion) on Friday, but the British company promptly rejected the proposal, which would create the world's biggest pharmaceuticals company, Reuters reported.
4 min read · 02 May 2014
Ares Management LP (ARES.N) could raise only about half of what it had intended from its initial public offering as weak demand led the investment firm to cut the offering size and price units below its anticipated range.
2 min read · 02 May 2014
