RSP Permian Inc, a private equity-backed shale oil and gas exploration firm, was able to raise $390 million in its initial public offering after selling shares near the low end of its price range, Bloomberg reported.
Sectors
Sysco Corp-US Foods deal draws US regulators' scrutiny
Sysco Corp's $3.5 billion acquisition agreement with US Foods has drawn the interest of US regulators over concerns that the deal could weaken competition in the industry, Bloomberg reported.
Cerberus to exit stake in Japan's Kokusai Kogyo for at least $1.25B -sources
New York, US-based private equity firm Cerberus Capital Management LP decided to exit its entire majority interest in Japan-based property operator Kokusai Kogyo Co in a deal valued between $1.25 billion to $1.34 billion.
China-based diaper maker AAB Group files application for $300M Hong Kong IPO- sources
AAB Group Co, a diaper manufacturer based in China, has filed an application to hold a $300 million initial public offering in Hong Kong, sources interviewed by Bloomberg revealed.
Daimler-backed BAIC Motor plans $2B Hong Kong IPO in 2014 -IFR
Chinese auto manufacturer BAIC Motor plans to raise around $2 billion in an initial public offering (IPO) in Hong Kong in 2014's second quarter, according to sources cited by Thomson Reuters publication IFR.
Latest News
The board of Texas, US-based games and restaurant chain Chuck E. Cheese's approved its acquisition by an affiliate of investor Apollo Global Management in a $950-million leveraged buyout deal.
Tyco International Ltd has shortlisted the list of private equity firms interested in acquiring the industrial conglomerate's South Korean unit, according to sources interviewed by The Wall Street Journal.
Spanish banking firm Caixabank announced on Thursday that it is planning to sell down its 5% interest in stock market operator Bolsas y Mercados Españoles at €29.60 to €30.75 per share.
Ingenious Media Holdings Plc has planned a £160 million or $262 million initial public offering for Ingenious Clean Energy Income Plc, its unit that invests in clean energy, Bloomberg reported.
A report on UK-based news firm The Guardian cited Sagan Ltd marketing director David Kay saying porn could help the online currency Bitcoin succeed because of its private and quick transaction methods.
UBS AG is bolstering the annual bonus payments it provides to its investment bankers in Asia by about 10%, according to sources interviewed by Bloomberg.
Mexico-based state oil company Pemex will shell out $475 million to acquire and revamp a Veracruz-based fertilizer production plant in a deal that would allow the firm to supply 75% of Mexico's demand for urea.
IBM will be investing $1.2 billion to bolster its $2 billion purchase of SoftLayer Technologies last year, a business which it is betting on for growth, Bloomberg reported.
Yahoo's Editor-in-Chief Jai Singh resigned from the company due to an unconfirmed reason, on the heels of the news that the company's chief operating officer has been fired.
