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.
Deals
Essent Group raises USD 335 million in IPO
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.
McDonald's and Kraft to sell McCafe in US groceries in 2014
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 should sell shares, says Hellenic Fund
Eurobank Ergasias SA failed to meet it capital requirements may now be force to sell shares at losing price.
China Modern Dairy shareholders sell 5.2% stake
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.
Latest News
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.
Clariant and Wendel's Stahl reached an agreement with former to receive millions and shares. Clariant AG, Swiss maker of specialty chemicals, had agreed to sell a leather-treatment unit to French investment company Wendel SA's Stahl, according to a report by Bloomberg.
Asurion's acquisition of Israel-based startup Soluto would reportedly help the former improve its software-centered services.
Intel Corp was reportedly nearing an agreement to exit from its television service business with Verizon Communications Inc.
Intesa Sanpaolo chief executive officer Carlo Messina wanted Italian carrier Alitalia to have Air France-KLM as its industrial partner.
Blue Solutions rose as high as USD18.64 per share in the first day of its initial public offering. Blue Solutions saw its shares jump 30% from issue price in the first day of its initial public offering.
PricewaterhouseCoopers (PwC) would be acquiring Booz & Co for an undisclosed amount. A Reuters report said UK accounting firm PricewaterhouseCoopers (PwC) entered into an agreement to purchase a corporate consulting firm.
