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Wilbur Ross-backed Talmer Bancorp files for $230M IPO in the US

Michigan, US-based Talmer Bancorp Inc, a company backed by billionaire Wilbur Ross, filed for an initial public offering (IPO) of common stock worth $230 million with the US Securities and Exchange Commission.


New York's Virtu Financial files confidential IPO documents -sources

New York, US-based electronic trading firm Virtu Financial Inc filed confidential documents for an initial public offering (IPO), according to sources familiar with the situation.

Mega buyout funds rake in the most money--Preqin

Of all the capital raised for private equity buyout funds last year, half of it went to the biggest funds, according to data published on Friday by London-based research firm Preqin.

Software - the new battleground for carmakers

The new Mercedes-Benz C-Class has cameras that can read road signs and sensors to judge distance to the car in front, but is not yet able to make full use of the hardware.


Latest News

Shareholders of Chile-based firm CFR Pharmaceuticals gave a nod on Friday for a sweetened takeover offer for South African drug maker Adcock Ingram in a bid to woo the top shareholder of the South African firm.
Maryland, US-based healthcare firm WellDoc bagged $20 million from Windham Venture Partners and Merck Global Health Innovation Fund to market BlueStar, the first mobile therapy prescription for diabetes.
British biotechnology startup QuantuMDx turned to crowdfunding platform Indiegogo to raise funds for the development and commercialization of a hand-held device that can diagnose malaria rapidly.
Colorado, US-based cloud provider Peak (formerly PeakColo) raised $4 million in a new funding round from existing investors Sweetwater Capital and Meritage Funds, according to company press release.
Entrepreneurs raising money too often attempt to shape investor risk behavior to their investment opportunity. Instead, shape your business model to match the needs of not only your customers but investors too.
Brazil and China like Russia are large population countries with a growing middle class that is ripe for more consumer-facing clones, clonentrepreneurs and Clonentrepreneurship.
Many large US retailers on Thursday dialed back their earnings forecasts because of steep discounts they offered during the holidays. Discounts boosted overall industry sales but hurt profits at many retail chains.
New York fashion company Fifth & Pacific Cos. on Thursday changed its name to Kate Spade & Co. to reflect the company's new, singular focus. The apparel maker also announced on the same day that its chief executive William McComb will be replaced by Kate Spade CEO Craig Leavitt.
Clones look the same on the surface, one country to the next, but there are multiple differences in execution. Many clones require supply chain partners for them to work, yet many of these companies do not exist in emerging countries
Deutsche Bank has acquired the WestendDuo office tower in Frankfurt from CBRE Global Investors for about €240 million. The German lender also bought an office-development project in Paris, called In Situ, for around €104 million.