The British government said on Friday that the initial public offering of the nation's Royal Mail postal service would value the company at GBP3.3 billion or USD5.3 billion.
Exits
Rockwood may be a possible takeover target - analysts
Analysts said Rockwood Holdings Inc had poised itself to be an attractive takeover target as it had sold USD4 billion of its businesses this year.
Panasonic Corp exits healthcare business courtesy of KKR
In a joint statement, Panasonic Healthcare Co would be sold to KKR & Co for JPY165 billion. According to a joint statement, a wholly owned subsidiary of KKR & Co would be buying the healthcare business of Panasonic Corp in a deal worth JPY165 billion.
JC Penney intends to raise cash in 84 million share sale
In a seemingly peculiar move, JC Penney Co announced yesterday that it would be selling 84 million of its shares to generate cash after saying that the company was liquid enough by the end of its fiscal year.
Alibaba partnership structure gets support from Yahoo
The partnership structure proposal of Alibaba Group Holding Ltd got support from its shareholder Yahoo Inc.
Latest News
Fibrocell Science's market value fell after it offered 11 million shares of stock. Fibrocell Science shares fell in market value after the company had announced it would be selling 11 million shares of its stock.
Ares Capital Corporation announced plan to conduct a public offering of 11 million shares of its common stock.
JPMorgan Chase & Co are deep in the negotiations to settle the probes conducted at the state and federal levels.
Lone Star Funds' Southeastern Grocers filed for a USD 500 million IPO. A regulatory filing showed Southeastern Grocers would be filing for an initial public offering (IPO) to raise up to USD 500 million.
Sources told Bloomberg that Royal DSM NV was already in the second round of bidding for its caprolactam business.
Cramo Oyj experienced a 7.8% decline after its main stakeholder, the Hartwall family, sold half of its stake in the firm.
Oaktree Capital Management's Stock Spirits Group announced plans of a share sale to raise GBP 52 million.
African Minerals Ltd would be selling its 17% stake in a Sierra Leone mine to Tianjin Materials & Equipment Group Corp.
According to a Reuters report, Lixil Group Corp Chief Executive Yoshiaki Fujimori said that his company had reached a basic agreement to buy bathroom equipment maker Grohe for JPY400 billion or USD4.05 billion from its owners.
