Container Store Group Inc had planned to raise USD225 million during its IPO. Storage and organization products retailer Container Store Group Inc had laid out plans to sell USD225 million worth of shares in its US IPO.
Funding
Morgan Stanley establishes fund to improve affordable housing
Morgan Stanley, in the wake of outrage from bailouts in the last crisis, is seeking investments that provide long term social benefits for the community.
Circle to raise Series A investment to encourage mainstream use of Bitcoins
Circle Internet Financial's USD9 million Series A investment would be the biggest funding received by a digital currency startup.
Nomorerack nabs USD40 million in Series B investment
Multicategory retailer Nomorerack's Series B investment round was led by Oak Investment Partners and HTV Industries.
Bega Cheese shares purchased by Fonterra Cooperative Group
Fonterra purchased 6% shareholdings in Bega, which in turn upped the ante for its own bid for Warrnambool Cheese and Butter.
Latest News
BicBanco's 72% would be acquired by China Construction Bank Corp for BRL1.62 billion. China's second largest financial institution in terms of assets, China Construction Bank Corp, had entered into an agreement to pay BRL1.
Pumpmaker ITT is expanding both on the shareholder value side and on the operations side as demand for pumps had increased by half in the third quarter alone.
Without government backing, Citigroup is now offering mortgage backed securities backed by prime jumbo mortgages mortgages from private sources.
Denmark's Waoo!, Sweden's Com Hem and the UK's Virgin Media are the latest additions to the Netflix galaxy of streaming partners.
Novaquest Capital Management lands USD459 million for its Fund III. NovaQuest Capital Management had announced the closure of NovaQuest Pharma Opportunities Fund III LP.
The Commercial Bank of Qatar is set to undertake a perpetual bond issue to cover the acquisition of Turkey's Alternatifbank.
IBM offered the biggest sale in securities. International Business Machines Corp. (IBM), one of the world's largest computer-services providers, is marketing the biggest bond sale worth €2.
Qatar and UAE granted emerging market status while Bahrain, Kuwait and Oman retain frontier markets.
Two former Kynikos analysts establish Arhammar Short Alpha Funds to bet on falling stocks. London-based Arhammar Short Alpha Fund Ltd would be betting on falling stocks around the world.
