The continued weakening of the rupee and the Federal Reserve's stimulus policy prompted a massive Indian market exit from investors.
Exits
Maxim Magazine Fetches Bids of About US$20 Million
Maxim magazine was said to be fetching bids of only US$20 million, less than a 10th of the cost its investors paid about six years ago.
LBO France Seeks Bids for Groupe Poult by End of July
LBO France sought to sell Groupe Poult by sending marketing materials to potential buyers and waiting for bids until the end of the month.
Woori Sale Expected to Succeed Through Breakup
The sale of Woori Finance Holdings Co. was expected to succeed and earn about US$10.2 billion after four attempts.
Diamond Resorts Expects Up To US$279 Million from IPO
Diamond Resorts expected to raise up to US$279 million from IPO. Diamond Resorts International Inc. said that it expected to raise up to US$279 million from its initial public offering.
Latest News
Singapore Press Holdings announced their plans to raise S$523 million through REIT Singapore Press Holding Ltd expressed their plans to raise at least S$523 million or US$409 million through the spinning off of some of its property assets through a real estate investment trust.
Genting and Alliance Global postponed Travellers' initial public offering. Alliance Global Group Inc. and Genting Hong Kong Ltd. said on Tuesday that they would postpone the IPO of Travellers International Hotel Group Inc.
RetailMeNot has set the terms for its IPO RetailMeNot, has set pricing terms of its initial public offering. The Austin-based a digital coupon company plans to offer 9.
Most bankers experienced roadblocks in selling covered bonds as investors like Pacific Investment Management Co said that debts from fledging markets have drove them away.
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.
Today, Cvent Inc announced filing with the US Securities and Exchange Commission of its initial public offering listing on the New York Stock Exchange.
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.
NRG Energy Inc announced today the initial public offering for its wholly owned subsidiary, NRG Yield.
Moelis & Co decided to pay US$35 million to its investors and employees that held a stake in the firm.
