Wireless communications developer xG Technology Inc. announced that its initial public offering will be priced at USD1.75 per share. The company would raise USD10 million in IPO.
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IPO to bring in EUR821 million for Constantia Flexibles
Austrian Constantia Flexibles targeted to raise EUR821 million in its initial public offering. The packaging group would be selling 32.2 million shares in the IPO.
New Frontier Foods nets USD1.7 million in first seed funding
California-based seaweed chip company New Frontier Foods Inc. bagged USD1.7 million in its first seed funding round from executives at top corporations and other investors.
Private equity firm, bank surpasses Hong Kong government in Philippine aid
An article pointed out how the donation of the state of Hong Kong paled in comparison to donations and efforts by HSBC Group and KGLI Asia.
Sanitec to file for IPO, apply for NASDAQ OMX Stockholm listing
Helsinki-based Sanitec Corporation planned to launch an initial public offering on the Stockholm Stock Exchange. The bathroom ceramics and fixtures maker is owned by EQT.
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St. Louis-based agricultural data company Monsanto Co. finalized the acquisition of weather forecast and insurance firm The Climate Corp. in a deal that was valued at USD930 million.
ICE chief executive officer Jeffrey Sprecher said divestments of some of NYSE's assets was detrimental to its goal of reducing expenses of its newly-combined company.
San Francisco-based payment and open currency startup Ripple Labs raised USD3.5 million in a funding round to be used for the development of its digital currency network.
The Third Plenum reiterated the central role of state-owned enterprises as well as the the large role markets play in the future of the Chinese economy.
Textbook rentals and academic services company Chegg priced its IPO at USD12.50 per share. The startup exceeded expectations after initially pricing its share at USD9.50 to USD11.50 per share.
The chief executive officers of Men's Wearhouse and Jos A Bank had discussed encouraging points as to the further exploration of merger talks between the two clothing firms.
Netherlands-based LED lighting solutions developer Ledzworld recently received USD5 million in funding to be used for the acceleration of its sales, manufacturing, and global expansion.
Brand Energy & Infrastructures Services Inc. proposed terms on a debt backing its leveraged buyout by Clayton, Dubilier & Rice. Western Refining, on the other hand, sought a loan for its Northern Tier acquisition.
New York-based consumer and retail-focused investment bank Financo announced its intention to raise USD75 million to USD100 million for the launching its private equity fund in 2014.
