Qiwi, the payment solutions provider from Russia, is set to do an IPO at Nasdaq. Qiwi Plc, the Russian instant payment operator is now in the process of conducting an IPO at the Nasdaq Stock Market.
Archives
Buyout Flipping Harmful to Investors
Buyout flipping means private equity funds sell and buy assets from one another, which to many looks like recycling in order to generate funds.
Banks Frustrated with Back Room Deals
More and more banks are incensed with deals done privately instead of the normal auction process conducted.
GE Obtains Antitrust Approval for Lufkin Purchase
GE obtains approval from the Federal Trade Commission for its purchase of Lufkin pumps. General Electric Co obtained antitrust approval to purchase oilfield pump manufacturer Lufkin Industries Inc.
Dish's Cullen Driving Force For Wireless
Charlie Ergen may be the face of Dish Network but Tom Cullen is the muscle behind the push for wireless technology.
Latest News
CTPartners acquires Augmentum for an undisclosed amount. CTPartners Executive Search Inc, a publicly listed company in the NYSE, has announced that it has purchased Augmentum Consulting Ltd, the premier executive search firm in London.
Plexus Capital raises US$150 million with an equal counterpart from the Small Business Association to create Plexus Fund III worth US$300 million.
Klockner Pentaplast to issue notes worth Eur225 million. The largest producer of rigid plastic film for packaging purposes, Klockner Pentaplast, has set the price of Eur225 million in Senior PIK notes due on 2017 with an interst rate of 10.
Netchemia receives investment from Mainsail in the amount of US$6.5 million. In an announcement made today by Netchemia LLC, it disclosed that Mainsail Partners gave its company an equity investment amounting to US$6.
Deliv announces new VP of Logistics, Michael Hart. Deliv disclosed today that on Thursday it appointed Michael Hart as the Vice President of Logistics.
BC Partners offered over US$1.3 billion for Allflex. On Friday, Electra Partners announced that BC Partners offered US$1. 3 billion to purchase Allflex.
BRP, the makers of snowmobiles and watercraft, is listing for an IPO in Toronto, Canada. The Canadian builder of Ski-Doo snowmobiles, watercraft and ATVs, BRP Inc, is aiming to raise Can$262 million or US$259 million through sale of its shares during an initial public offer.
From Omaha, Nebraska, Warren Buffett said he won't sell IBM shares despite missed earnings expectations for the quarter.
According to the Il Messagero, Telecom Italia would be selling off its fixed line network to Casa Depositi e Prestiti.
