NRG Energy Inc announced today the initial public offering for its wholly owned subsidiary, NRG Yield.
Sectors
Mobius Looking at Africa for Private Equity Opportunities
Mark Mobius of Templeton Emerging Markets Group considered investing in Africa. In a statement Mark Mobius released, he said he was considering private equity investments as one of the ways to tap growth in Africa.
Cvent Files Initial Public Offering
Today, Cvent Inc announced filing with the US Securities and Exchange Commission of its initial public offering listing on the New York Stock Exchange.
Prosensa Holding Announces Closing of IPO
Today, Prosensa Holding announced the closing of its previously announced initial public offering which started trading last June 28, 2013 on the Nasdaq Global Market.
Kingsway and Atlas Signs Non-Binding Letter of Intent For Sale of Shares
Kingsway announced that they have signed non-binding letter of intent with Atlas for sale of preferred shares
Latest News
The NSW state government expressed their intent to sell heritage building in Sydney New South Wales state government expressed their intent to sell two of Sydney's most significant heritage buildings as it enters the second round of property sales.
Raytheon announced that they were awarded with the deal to make the new electronic jammer for the US Navy.
Mylan’s acquisition of a unit at Strides Arcolab Ltd announced July 8 was deferred by Indian regulators.
Moelis & Co decided to pay US$35 million to its investors and employees that held a stake in the firm.
Three bidders in a race to purchase Hulu Hulu attracted three bids worth over US$1 billion from interested companies. The bidders include the partnership of AT&T and Cherin Group.
Last Monday, LVMH announced an 80% acquisition deal of Loro Piana priced at Eur2 billion. On Monday, LVMH said that it has acquired 80% of Loro Piana, an Italian luxury cashmere clothing brand.
Starboard announced that they were able to acquire a 6.9% stake in Emulex Starboard Value LP announced that they acquired a 6. 9% stake in Emulex Corp.
Michael Dell has received support from Institutional Shareholder Services Inc. for the $24.4 billion acquisition of his company.
Greece got cash lifeline funded by the euro zone and the International Monetary Fund which spared the country from incurring debt default by August.
