Europe's recent inflation decrease prompted European Central Bank to cut interest rates. In an analysis done by Reuters, it said the deflation threat in the economy of the Euro Zone might reverse the continuous inflow of major investments for 2013.
Investment banks
Venture capital-backed Tandem Diabetes Care raises USD120 million in IPO
Medical device company Tandem Diabetes Care raised USD120 million in its listing. The company had put up for sale 8 million shares of common stocks priced at USD15 each share.
Hamilton Lane in talks to acquire Paul Capital
Secondary investment firm Hamilton Lane Advisor LLC is considering a buyout of private equity firm Paul Capital. The financial terms of the acquisition remains to be unknown.
Textbook publisher Houghton Mifflin Harcourt prices IPO at $12 a share
Houghton Mifflin Harcourt Co, the textbook publisher that emerged from bankruptcy last year, priced its initial public offering at $12 per share, below the range it guided towards earlier this month.
Top deals of the day - Mergers & Acquisitions
The following bids, mergers, acquisitions and disposals were reported on Wednesday including BNP Paribas, Facebook, Crocs, VTB Capital and Flybe Group.
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Ugandan energy company Umeme Ltd. obtained USD190 million in funding from the International Finance Corporation, Standard Chartered Bank and Stanbic bank. The long-term loan would be used for the company's capital investment program.
New York-based consumer and retail-focused investment bank Financo announced its intention to raise USD75 million to USD100 million for the launching its private equity fund in 2014.
California-based bills payment and invoicing startup Bill.com picked up USD38 million in a new financing round led by Scale Venture partners and other former investors.
Cisco is expected to report higher quarterly profit for its fiscal first quarter of 2014. The report may uncover any evidence of sales pressure from the U.S. federal government shutdown and weakness in China.
Contingent Network Services, a global technology services company, today announced the acquisition of Tampa-based IVANS Network Services, a non-healthcare business unit of Minneapolis-based ABILITY Network Inc.
Network connectivity services provider Emulex Corporation announced a private offering of USD125 million Convertible Senior Notes due 2018. Net proceeds of the offering would be used to buyback Emulex's shares of stocks.
The following bids, mergers, acquisitions and disposals were reported on Monday. The following bids, mergers, acquisitions and disposals were reported on Monday.
A recent survey conducted by Hong Kong company ChinaQFII indicated foreign investor preference in industries that would mostly deliver a return of equity with minimal risk.
A Wall Street Journal report said big banks were thinking of blocking traders from chat rooms as regulators intensify probes on market manipulation and collusion
