Institutional investors
Simply Business completes management buyout from Brit Group
Simply Business completed a management buyout from Brit Group. Simply Business announced the completion of a management buy-out from Brit Group, which held 37% stake in the firm.
NeoStem announces IPO pricing
NeoStem Inc announced the pricing of US$16,500,000 IPO. NeoStem, Inc. announced the pricing of their underwritten public offering for 13,750,000 units priced at US$1.
RTI Biologics acquires Pharos Capital's stake in Pioneer
RTI Biologics acquired Pharos Capital's stake in Pioneer Surgical Technology Inc. in the amount of US $ 130 million.
Blackstone, MBK seek Singapore IPO for Taiwan and India properties
Private equity companies Blackstone and MBK Partners are seeking for Singapore IPOs for the properties they individually own in Taiwan and India.
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The fertilizer industry was booming and “risks can be handled”, said local officials. Argus FMB North American Fertilizer, a trade publication, tracked around 20 proposals for fertilizer projects in North America in the past two years, according to the publication's editor, Lauren Williamson.
According to RealtyTrac, home flipping was profitable but tapering off in markets with distressed bargains.
Two unusual sector start-ups drew the interest of venture capitalists during the second quarter. New England venture capitalist invested in home building and telecommunications during the second quarter.
A PricewaterhouseCoopers report revealed that venture capitalist invested around US$320 million into Maryland last quarter.
Cleveland BioLabs and other biotech firms have stated their desire to move their development operations to Russia.
RetailMeNot priced its IPO at US$21 per share. The largest digital coupon marketplace in the world, RetailMeNot, announced the price of its shares that were up for grabs in its initial public offering.
Puerto Rico's PREPA announced that they are set to announce the pricing for their mid-August bond deal.
Woodall Nicholson stated that a group of three investors have acquired the coach-building company. Woodall Nicholson Group has been acquired by a partnership of three Manchester-based investors.
Yelp acquired SeatMe for US$12.7 million. Yelp acquired SeatMe, an online reservation service, for US$12. 7 million. SeatMe will compete with OpenTable in the restaurant reservation scene.
ECWA mergers to pay debt caused WNY water bills increase. Mergers with Erie County Water Authority (ECWA) were mostly done to pay off debt. These debts were mostly caused by the localities' mismanagement.