Essent Group raised USD 335 million for its initial public offering in the US. Mortgage insurance firm Essent Group Ltd was able to gather USD 335 million in its initial public offering.
Deals
Arhammar Short Alpha Fund bets on underperforming stocks
Two former Kynikos analysts establish Arhammar Short Alpha Funds to bet on falling stocks. London-based Arhammar Short Alpha Fund Ltd would be betting on falling stocks around the world.
Barrick Gold considers equity investment to reduce debt and raise cash
Barrick Gold reviewed options for raising cash and reducing debts In an attempt to reduce debt load, Barrick Gold considered a wide range of options including strategic equity investment.
Energy Future Holdings plans interest payments to creditors- source
Energy Future Holdings planned to make coupon payments worth USD 270 million to creditors as a possible bankruptcy loomed.
Essar Group plans bids for water infrastructure projects
Essar Group planned to bid for water projects in India. The Essar Group said it intended to make bids for various water projects in India. Essar Concessions India Ltd Chief Executive Officer Neeraj Sanghi said they planned to bid for water distribution and sewage plants and desalination facilities.
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McDonald's and Kraft to sell packaged McCafe-branded coffees in 2014. McDonald's Corp and Kraft Foods Group Inc agreed to sell packages of McCafe-branded coffees at retail locations and grocery stores across the US in 2014.
Eurobank Ergasias SA failed to meet it capital requirements may now be force to sell shares at losing price.
Shareholders in the largest milk producer in China sold nearly 5.2% stake. A group of shareholders raised nearly HKD855. 4 million or USD110 million from the sale of 5.
The term sheet indicated a USD150 million note with a maturity of five years for Modern Land offered to the bond market.
The five year USD300 million Singaporean backed note is now bring priced at the higher range indicating high demand.
Firms stand to earn nearly USD50 million from the Twitter IPO. During the visit of Twitter to New York last week, executives of JP Morgan Chase & Co had mingled outside their offices with jackets emblazoned with the logo of the microblogging site.
Microsoft sought an approval from the European Commission to take over Nokia's phone business in USD7.49 billion deal.
WebMD's acquisition of tech startup Avado would help the healthcare resource website regain its position back as a market leader.
Majority of the economists deduced that the size of the US Federal Reserve's bond-buying program would not be tapered.
