Sinclair offers US $41 per share for Fisher Communications. Sinclair Broadcast Group Inc. has announced its intention to purchase Fisher Communications for the price of US $373 million in order to expand its operations in the United States.
Growth Equity
HD Supply Holdings to Hold IPO
HD Supply is planning to hold an IPO to raise funds for the housing market. HD Supply Holdings Inc, the industrial and construction supplies distributor has filed for a US$1 billion initial public offering.
Heineken Undertaking Strategic Review of Options
Heineken is reviewing its options, including selling its shares to Hartwall. Dutch brewer, Heineken, is planning to sell its Finnish subsidiary Hartwall to Hartwall Capital.
Seibu Opposes Cerberus's Renewed Efforts to Increase Stake to 44.7 Percent
Japan's railway and real estate group Seibu Holdings has opposed the renewed attempt of Cerberus Capital Management LP to increase its stake in the company to 44.7 percent.
Lippo Group To Get IPO
Lippo Group would undertake three separate IPOs for its units. One of the leading Indonesian conglomerates, Lippo Group, is aiming to make US$300 million for IPOs of its banking, healthcare and information technology units.
Latest News
Ridgemont Equity Partners show growth at the time of scarce dollars for first time funds. Ridgemont Equity Partners, a private equity firm that came from Bank of America back in 2010, has recently announced that it has raised its first fund.
Led by Norwest Venture Partners, iRhythm Technologies latest funding round was able to raise US$16 million.
Panviva Pty Ltd receives Aus$4 million from SBI Jefferies Asia Fund. Leading developer of software solutions for business processing guidance, Panviva Pty Ltd, announced that it was able to obtain equity financing worth Aus $4 Million in its Series B financing round from SBI Jefferies Asia Fund.
Agbiome LLC will use the raised funds from its Series A financing to finance its R&D and marketing activities.
Cydan, through private equity placements, has unveiled its program of de-risking of drugs for therapeutic and commercial issues.
Hong Kong regulators has approved the listing of the IPO for China Galaxy Securities. Hong Kong exchange regulators have signified their approval for the initial public offering of China Galaxy Securities.
Serent Capital agrees to invest in Optimal Blue. Serent Capital has invested in leading mortgage technology provider, Optimal Blue. Serent Capital is a leading San Francisco-based private equity firm that focuses on investing with high growth and profitable companies.
According to MTN CEO,the company is expanding from Africa to Asia and the Middle East. The largest African mobile operator, MTN Group Ltd, is expected to spend as much as US $8 billion on acquisitions in order to increase its spending in networks that limited its earnings.
Three partners led by Nicolas Berggruen is planning to invest as much as Eur 1 billion in Portuguese properties.
