As talk about the US Federal Reserve tapering grows, a Financial Times report said markets are now more prepared should a reduction in asset purchases actually become a reality.
Institutional investors
Asian e-commerce firm iBuy seeks $37M in IPO
Leading Asian e-commerce company iBuy Group Ltd is raising $37 millionto pay for fund advertising and acquisitions in a fully underwritten initial public offering (IPO).
IMS Health to go public in 2014
TPG Capital, Canada Pension Plan Investment Board (CPPIB) and Leonard Green & Partners have hired JPMorgan Chase & Co. to lead the initial public offering of the healthcare information company.
Power cables' price rigging probe a test of EU regulators' ability to punish private equity
The probe of the European Union involving an underwater power cable cartel is a test of the regulators' ability to penalize private equity investors and their parent firms, Bloomberg reported.
Brooklyn laundry startup FlyCleaners raises $2 million in seed fund
New York-based venture capital firm Zelkova Ventures and several angel investors have committed $2 million in seed funding for North Brooklyn on-demand laundry startup FlyCleaners.
Latest News
Activist investor Barington Capital Group said that Darden Restaurants Inc., the operator of Olive Garden and Red Lobster restaurant chains, could be worth $71 to $81 per share. Barington recommends that Darden split into two companies.
The Financial Times noted that data issued by mutual fund research company Morningstar supported the trend seen in US investors flocking to alternative bond funds in anticipation to the tapering of the US Federal Reserve's quantitative easing measures.
AMC Entertainment Holdings Inc is reportedly selling the shares it is offering in its initial public offering at a discount, which would value the cinema chain 7.2 times bigger than its estimated earnings before interest, taxes, depreciation and amortization or EBITDA in 2014.
Website security provider CloudFlare' chief executive officer and co-founder Matthew Prince revealed to TechCrunch that it received a significant investment to the tune of $50 million from Union Square Ventures about a year ago.
Al Waha Capital, AerCap's largest shareholder with a 26.3% stake, is in favor of the Dutch aircraft leasing company's $5.4 billion acquisition of International Finance Corp. ILFC is owned by American International Group.
Marketing personalization startup Sailthru announced the conclusion of its $20 million Series C funding round led by Scale Venture Partners and participated by Benchmark, RRE, DFJ Gotham, AOL Ventures and other existing backers.
Bob Diamond, the former CEO of Barclays, has made a dramatic comeback in the banking sector after the investment vehicle he formed with Ashish Thakkar called Atlas Mara raised $325 million for its London IPO, the Financial Times reported.
Crescendo Biologics was able to gather £17.5 million or $28 million from lead investor Imperial Innovations for its Series A round. Astellas Venture Management and Sofinnova Partners also participated in the financing.
The Metropolitan Transit Authority has selected Westfield Group to lease out stores at the Fulton Street Transit Center. This would make the Australian shopping center owner a dominant retail landlord in lower Manhattan.
