Today, Prosensa Holding announced the closing of its previously announced initial public offering which started trading last June 28, 2013 on the Nasdaq Global Market.
Corporations
Germany’s RWE rids Gazprom after Arbitration
RWE AG is expected to get rid of Gazprom oil price deals after arbitration. RWE AG previously said to get rid of a link in oil prices with gas supply contracts, contracts that have cost Germany's second-largest utility hundreds of millions of euros, they must win an arbitration against Russia's OAO Gazprom.
Deal Makers Converge At The Sun Valley Conference
Company moguls converge at the Sun Valley Conference Deal makers meet up at the Allen & Co's Sun Valley conference to lay groundwork for more deals and acquisitions.
OGX To Sell Oil License Stakes
OGX in talks to sell its oil license stakes to avoid running out of cash OGX Petroleo & Gas Participacoes (OGXP3) in talks regarding sale of stakes in crude oil block licenses that owned by OGX.
Bumi to Buyout Bakrie Family from Company
Bumi reported they are close to a US$508 million Bakrie exit deal. Bumi, a large Indonesian coal company at the heart of an ownership row, is nearing a US$508 million agreement that will have the Bakrie family exit from their investment in the company, sources who have knowledge of the deal have said.
Latest News
Kingsway announced that they have signed non-binding letter of intent with Atlas for sale of preferred shares
Sprint investors preferred to get cash rather than stock after the takeover bid by SoftBank won approval from the Federal Communications Communication last week.
Jones Group, parent company of Nine West hired Citigroup to explore possible sale Jones Group, parent company of Nine West, is at the early stages of sending out feelers to private equity and industry player about intents on putting the company on sale.
NRG Energy Inc announced today the initial public offering for its wholly owned subsidiary, NRG Yield.
The NSW state government expressed their intent to sell heritage building in Sydney New South Wales state government expressed their intent to sell two of Sydney's most significant heritage buildings as it enters the second round of property sales.
US stocks rose for a third consecutive day yesterday. US stocks have risen for a third consecutive day as investors eagerly await the start of second-quarter earnings season amid news of euro-area finance ministers approving the aid for Greece.
Raytheon announced that they were awarded with the deal to make the new electronic jammer for the US Navy.
Mylan’s acquisition of a unit at Strides Arcolab Ltd announced July 8 was deferred by Indian regulators.
Moelis & Co decided to pay US$35 million to its investors and employees that held a stake in the firm.
