Sheridan Healthcare Inc, a physician services company, has hired banks for an initial public offering, which may raise between $400 million and $500 million, the Wall Street Journal reported, citing people familiar with the matter.
1 min read · 08 April 2014
Specialty pharmaceuticals company Mallinckrodt Plc will buy drugmaker Questcor Pharmaceuticals Inc for about $5.6 billion to gain access to its multiple sclerosis drug, Acthar Gel, which is set to hit sales of $1 billion this year, Reuters reported.
3 min read · 08 April 2014
Private equity firm Cinven made a 1.5 billion euro ($2 billion) capital gain on its investment in French cable operator Numericable, but said on Monday the era of such hugely profitable deals for its industry in the cable sector is ending.
3 min read · 08 April 2014
Sheridan Healthcare, a physician services company, has hired banks for an initial public offering, which may raise between $400 million and $500 million, the Wall Street Journal reported, writes Reuters. Owned by private equity firm Hellman & Friedman, the company has hired Credit Suisse Group, Barclays and Goldman Sachs Group to lead the offering, which may value the company at more than $2 billion.
1 min read · 08 April 2014
Floor & Decor's private equity owners are planning an initial public offering later this year and are preparing to interview banks in the next few weeks, sources told Reuters.
1 min read · 07 April 2014
China's Weibo Corp said it expected its initial public offering of 20 million American Depository Shares to be priced at $17-$19 each, valuing the Twitter-like messaging service at about $3.9 billion, Reuters reported.
1 min read · 07 April 2014
Sabre Corp, a major travel booking wholesaler and the owner of Travelocity website, said it expects its initial public offering of 44.7 million common shares to be priced at between $18 and $20 per share, Reuters reported.
1 min read · 07 April 2014
The U.S. Securities and Exchange Commission (SEC) has put together a dedicated group to examine private equity and hedge funds, after the 2010 Dodd-Frank law required the funds to be regulated, according to people familiar with the matter.
3 min read · 07 April 2014
Canadian private equity firm Onex Corp and Canada Pension Plan Investment Board (CPPIB) said they would sell industrial conglomerate Gates Corp to private equity firm Blackstone Group LP for $5.4 billion.
2 min read · 07 April 2014
Foxconn Technology Group, Apple Inc's main contract manufacturer, is in talks with Asian private equity firm MBK Partners to buy Taiwanese cable TV company China Network Systems, writes Reuters. Foxconn could pay about T$64 billion ($2.1 billion) for MBK's 60 percent stake in Taiwan's largest cable provider.
2 min read · 07 April 2014
