With an earlier attempt at acquisition two years ago, Bain Capital now is in advanced discussions for the purchase of TI Automotive, the maker of fuel tanks and other automotive components.
Deals
Ledzworld rounds up USD5 million in funding for sales growth
Netherlands-based LED lighting solutions developer Ledzworld recently received USD5 million in funding to be used for the acceleration of its sales, manufacturing, and global expansion.
Brand Energy offers LBO debt terms, Western Refining seeks loan for Northern Tier acqusition
Brand Energy & Infrastructures Services Inc. proposed terms on a debt backing its leveraged buyout by Clayton, Dubilier & Rice. Western Refining, on the other hand, sought a loan for its Northern Tier acquisition.
Financo seeks to raise private equity fund for lower middle market companies
New York-based consumer and retail-focused investment bank Financo announced its intention to raise USD75 million to USD100 million for the launching its private equity fund in 2014.
Patton Boggs prepares merger by hiring advisers and banks
A source told Reuters that Washington-based lobbying firm Patton Boggs' merger discussions with Dallas-based law firm Locke Lord included a due diligence review of a possible merger suitor.
Latest News
US hotel chain Extended Stay America raised USD565 million in an initial public offering. 4.24 million shares remain in overallotment, which could further raise proceeds to USD649.75 million.
Petroleos de Venezuela SA is set on selling USD4.5 billion worth of bonds to increase scarce international reserves as well as curb the fastest rising inflation rate in the world.
Berlin-based task management company 6Wunderkinder raised USD19 million in a Series B funding round to be used for the firm's expansion in the US and business development.
With an expectation of strong demand for its shares in the market, Glencore Xstrata would be making its market debut in the Johannesburg bourse today.
Health device innovator Scanadu recently raised USD10.5 in a Series A funding led by Relay Ventures for the development and marketing of its urine analysis tool for smartphones.
California-based bills payment and invoicing startup Bill.com picked up USD38 million in a new financing round led by Scale Venture partners and other former investors.
Cooper had sought the jurisdiction of the Delaware Supreme Court to rule on the order by Delaware Chancery Court Judge Sam Glasscock III finding no fault on Apollo for the delayed merger.
San Francisco-based alternative payday loans startup LendUp raised USD14 million in its first venture round led by Google Ventures to lend money to people with poor credit.
Warrnambool Cheese and Butter Factory is now the subject of a three way battle as bidders Bega Cheese, Saputo and Murray Goulburn all seek to be the owner of the manufacturer of brands such as Sungold Milk and Great Ocean cheese.
