Tesla increases offers for debt and equity sales after strong investor interest seen. In a cavalier move reminiscent of the personality of its chairman Elon Musk, Tesla Motors has increased its debt and equity offers to capitalize on the increasing appetite of investors for high yield investments.
Sectors
Univar Acquires Quimicompuestos
Univar purchases Quimicompuestos. The world renowned distributor of chemistry and related services, Univar Inc. , disclosed that it had concluded the purchase of the leading supplier of commodity chemicals in Mexico, Quimicompuestos.
IPO of Tableau Raised US$254.2 Million
Tableau IPO to raise US$254.2 million. In an announcement today by Tableau Software Inc. , it disclosed that the price of its 8,200,000 shares of its Class A common stocks tendered at its initial public offering is at US$31.
Caterpillar agrees to lowered pricing for Siwei
Caterpillar ends impasse with Mining Machinery for a lower price on purchase. The outstanding issues between Caterpillar Inc and Mining Machinery Ltd of China have been settled.
GM share prices surpass IPO price
GM's current share values surpass the pegged price for its IPO back in November 2010. In an announcement, Detroit car giant General Motors Co said that its current share values have surpassed their 2010 IPO prices.
Latest News
Syniverse and Mach agrees to conditions set by EU regulators. Syniverse Technologies, the US telecoms services firm, is preparing for the receipt of the European Union antitrust regulatory approval for the Eur550 million or US$710.
A new syndicated loan worth US$850 million has been approved to help refinance the debts of Atlantis, the Palm.
Marketo to sell off a total of 6.06 million shares of both company owned and shareholder owned shares at its IPO.
UMW Holdings to sell off 39% of its oil and gas subsidiary through an IPO. The Malaysian industrial to automotive conglomerate, UMW Holdings Bhd, is preparing plans to sell of 39% of its oil and gas production unit through an initial public offer.
Skymall merges with Xhibit Corp to form a world class platform of services and relationship. The Phoeniz. AZ based specialty retailer and partner for the loyalty marketplace, Skymall has entered into a merger agreement with a subsidiary of Xhibit Corp, the leading provider for digital marketing and advertising solutions.
Morrisons, the UK supermarket retailer signs 25 year deal with online grocer Ocado. British retail chain Morrison has invested more than GBP200 million for a twenty five year agreement with online grocer Ocado.
ECB cuts interest rates to nearly zero to help bank liquidity amidst the current Eurozone recession.
Shareholders vote for acceptance of TPG offer. In an announcement today by Assisted Living Concepts, Inc. , it was disclosed that its stockholders have voted to accept the earlier disclosed merger agreement with associates of TPG.
Skyword secures new US$6.7 million of capital funding. Skyword announced today that it was able to secure US$6. 7 million at the recently concluded growth capital round headed by Cox Media Group.
