Shares of CBS Outdoor Americas Inc rose as much as 9 percent in their trading debut, valuing the company carved out of broadcaster CBS Corp at $3.66 billion as it steps up its efforts to grab more advertising dollars for its billboards.
4 min read · 28 March 2014
Ares Management LLC, the credit investment and private equity firm that has been pitched on the idea of an initial public offering for more than a year, is finally close to registering to go public, two people familiar with the matter told sister news service Reuters.
3 min read · 28 March 2014
Spanish testing company Applus is planning to announce its Madrid initial public offering (IPO) next week, sources told Reuters.
1 min read · 28 March 2014
Dutch-domiciled insurer Brit Group is to price its London share offering at 240 pence per share, a source told Reuters, valuing the company at 960 million pounds ($1.6 billion).
1 min read · 28 March 2014
Aircraft lessor Avolon is preparing for an initial public offering this year, two people familiar with the matter said, in a bet that yield-hungry investors eyeing growing demand for air travel would sustain a recent boom in aircraft finance.
2 min read · 28 March 2014
Tiger Global Management, part private equity manager and part hedge fund manager, has emerged as among the most prominent of a growing club of Wall Street financiers now eyeing technology start-ups.
5 min read · 28 March 2014
Cloud-based payroll processor TriNet Group Inc said it priced its initial public offering at $16 per share, valuing the company at about $1.09 billion, Reuters reported.
2 min read · 27 March 2014
La Quinta Holdings Inc will raise as much as $780 million from its initial public offering, as it becomes the third hotel chain to be taken public by Blackstone Group LP in six months, Reuters reported.
2 min read · 27 March 2014
Shares in King Digital Entertainment Plc fell as much as 16 percent in their Wednesday debut, underscoring investor concern about the company's reliance on "Candy Crush Saga" and dampening hopes that its coming-out party could revive investor interest in the mobile gaming industry.
4 min read · 27 March 2014
Specialty retailer Brookstone Inc is preparing to file for bankruptcy as early as Sunday with a plan in place to be bought by another specialty retailer, the Wall Street Journal reported, citing people familiar with the matter.
1 min read · 27 March 2014
