Private investors acquire Bennett Tool and Die Co. A conglomerate of private equity funds acquired Bennett Tool and Die Co. , Inc. The conglomerate was comprised of private investors like InvestAsia, Jefferson Capital Partners, Capital for Business and Kansas Venture Capital.
Institutional investors
Five Banks to IPO in the next two years
IPO is the next best option as five banks find it difficult to find buyers for their businesses. Five British banks would be looking to float their stocks in the market.
India Fund Managers Get Creative
The race to get top investors between foreign and local managers heats up in a system with little foreign currency exposure and lack of information on deals.
Shareholders May Still Earn from Buyout Offer Says Barron's
Barron's the financial paper, has said that Dell shareholders still stand to earn from the Dell-Silver Lake leveraged buyout deal.
James Breyer Leaves Board Post at Facebook
James Breyer of Accel Partners would not stand for re-election to the board of social networking giant Facebook.
Latest News
Greenbriar Equity provides deadlines for shares of stock purchase bids. Greenbriar Equity Group disclosed through an announcement released today that the subsidiary corporation of GB Aero Engine LLC and a partner of Briar, GB Aero Engine Merger will give interested acquirers of EDAC Technology's outstanding shares of common stock until 5:00pm EDT of May 6, 2013 to finalize their offers.
Horizon Tech provides New Haven Pharma a US$2 million loan. It was announced today that New Haven Pharma was able to secure a US$2 million venture loan from Horizon Technology Finance.
Iconic Hostess Brands to return to the market after bankruptcy issues were resolved. Hostess Brands LLC disclosed plans to reopen its bakery in Kansas by summer.
A judge of the New York State Supreme Court is set to decide on whether the buyout provision for opposing investors is legal in the Empire State REIT case.
Klovern AB issues new bonds pegged at three months STIBOR plus 4% due on 2017 with a volume of SEK 500 million.
Major equity firms such as Carlyle, Pantheon and Victoria are setting up shop in Peru and Colombia. Three major private equity firms are opening up offices in the emerging markets of Peru and Colombia to ride the crest of deals that rate higher than the economic growth of Brazil.
Petromoc is mulling on IPO options as to venue and value. The Mozambique state owned distributor of petroleum products, Petroleos de Mocambique SA, is in the process of reviewing the possibility of an initial public offer of its shares either in South Africa or Europe.
A total of 27 million shares would be sold off to allow the exit of Cinven and Warburg Pincus from Ziggo, the cable firm.
Pegasus Airline, Turkey's low cost air carrier, raises nearly 1.93 billion lira or US$1.07 billion in its IPO.
