Articles by Marc Castro


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Clustrix raised US$16.5 million from investors totalling US$46.5 million overall. On Monday, Clustrix announced the recently concluded funding round that was able to raise an estimated amount of US$16.
Flexitallic, the sealing product specialist has been acquired by international private equity firm Bridgeport.
Fsstback Networks completes its Series B Financing raising US$15 million for the company. In an announcement, Fastback Networks said that it has closed its US$15 million Series B financing.
Onex, in a bid to expand its watch and buy segment, purchases Nielsen Expositions from its parent firm.
TallGrass Energy IPO to be done with an expectation of revenues amounting to US$300 million. About US$300 million is expected to be raised by Tallgrass Energy Partners LP from its initial public offer.
Tableau Software would undertake an IPO with an expected value of US$215.3 million. Tableau Software, the data analysis software programmer, announced that its initial public offer price would be pegged between US$24 and US$26 per share totalling US$215.
William Lyon Homes to do IPO expecting share price between US$22 and US$24 per share. An initial public offer for William Lyon Homes is expected to fetch a price per share between US$22 and US$24 totalling US$209 million.
Freddie Mac offers ninety day and 120 day bonds. The second largest home mortgage company, Freddie Mac, has announced that it would be selling US$3. 0 billion of reference bills come Monday.
Series B fundraiser saw STAT-Diagnostica raise US$22.1 million. STAT-Diagnostica disclosed the conclusion of its Series B growth financing round that earned an estimated amount of US$22 million or EUR17 million.
US$7 million was raised by Merchantry from both old and new investors. In an announcement by Merchantry today, it disclosed that its Series B of Financing had raised US$7 million with Kite Ventures heading the round.
Corsair, the gaming components expert, has received US$75 million investment from Francisco Partners.
Marlin Equity Acquires Optical Networks to be rebranded as Coriant. Marlin Equity Partners disclosed in an announcement that the negotiations that began back in the 3rd of December 2012 regarding its intent to acquire the Optical Networks came to an end today.
Etihad, in a move to expand presence in Africa, partners with South African Airways for route sharing and other benefits.
Virtus expects a price per share between Aus$4.92 and Aus$5.68 and earnings of as much as Aus$449.4 million.
Alcobra Pharma to conduct an IPO projecting to raise US$27.3 million. A pharmaceutical firm in Israel is in the process of developing oral medication that reduce the side effects of the treatment of attention deficit hyperactivity disorder.
Dimension Data, a unit of NTT, would be purchasing AccessKenya through its subsidiary, Internet Solutions.
Clearwire issues a statement recommending the acceptance as the best option for minority shareholders.
Inergy Midstream to purchase Crestwood Midstream for an estimated US$1.25 billion. Inergy Midstream LP is a pipeline partnership that was traded publicly a year and a half ago.
The Commercial Bank of Dubai has chosen three banks to manage its bond issue estimated at US$500 million.
A small number of Verizon Communications shareholders are willing to pay up to 30% premium for Vodafone shares.
Buffett denies speculation that Suntech is in the list of acquisitions of MidAmerican Energy. The chairman of Berkshire Hathaway, Warren Buffett has indicated that he has no plans to purchase Suntech Power Holdings Co.
Intel's McAfee purchases firewall security software expert Stonesoft for Eur4.50 per share. The security software division of chipmaker giant Intel Corp, McAfee, announce plans to purchase network firewall software developer Stonesoft Oyj of Finland.
Linde's acquisition of Lincare provides boost in profit for the first quarter. Linde, the world's second largest industrial gas producer, reported a 12.
Sub Saharan Africa a hotbed for bond yields according to Goldman Sachs. Many Sub-Saharan countries, aside from South Africa, have sold nearly US$7 billion in debt for the year.
GM, in a letter obtained by the Wall Street Journal, said it would increase its capital funding in the US compared to China.
According to Alibaba CEO Jack Ma said that the IPO would be coming soon. The world's largest online retailer is trying to avoid experiencing the issues Facebook had faced with its initial public offer.
Facebook should just be pegged at US$25.00, according to Barron's. In a review by financial newspaper Barron's, it said that Facebook shares may be overvalued despite getting a boost from first quarter reports that met industry analysts' expectations.
The private equity owners of Neiman Marcus are either selling off the asset or would list an IPO to raise capital funds.
The proposal to either split the CEO and Chairman position or impose more oversight of the CEO-Chairman subject to approval by JP Morgan shareholders.
A consortium of private equity firms are in the process of buying out BMC Software. A consortium consisting of Bain Capital and Golden Gate Capital Corp are near to finalizing a deal that would lead to the acquisition of BMC Software.
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