Consol Energy's 'all options' review help share values increase. The largest US coal production company in terms of market value, Consol Energy Inc.
Deals
Endurance International to do IPO
Cloud web hosting and domain service provider Endurance International Group Holdings would undertake an IPO soon.
Latest Bain Capital fund raises USD2.3 billion
Bain Capital Fund XI, with a projected USD6 billion, is now worth USD2.3 billion. Bain Capital was able to raise about USD5 billion for its eleventh buyout fund.
CommScope to sell 38.5 million shares at IPO
The IPO of CommScope Holding Co is expected to reap USD800 million. Commscope Holding Co, the telecommunications equipment firm, had set pricing terms for its IPO.
Facebook CEO invests in real estate
Mark Zuckerberg, Facebook CEO, purchased four adjunct houses to his Palo Alto home. Facebook CEO Mark Zuckerberg was recently reported to have purchased four homes adjacent to his own home in Palo Alto, CA.
Latest News
Vivus Inc. had signed a deal with Auxilium Pharmacauticals Inc to market its Stendra drug in the US market, said a Reuters report.
Alitalia, an almost bankrupt Italian firm, had received a lifeline last Friday after the company's board approved a capital increase, reported Reuters.
CommScope Holding Co had set its price for its initial public offering which could value the company more than USD3.9 billion.
The city of Detroit had gotten a USD350 million debtor-in-possession financing from Barclays Plc after filing for bankruptcy last July.
The Catapult Group provides service and administrative support for contract affiliates. The most recent fund of the Natural Gas Partners, NGP Natural Resources X LP as well as NGP Energy Technology Partners LP had pledged significant capital commitments in order to establish the Catapult Group.
The price of USD315 million is what KIK Customs paid for Chemtura Corp's consumer product business.
Newsela received seed funding from New Schools Venture Fund and Kapor Capital worth USD1.2 million. Newsela is an online platform which helps students master reading and critical thinking.
In an announcement, after completion of a previous second lien loan, Bacchus Capital Management exits Bob Lundquist's Quepe Wines.
BlackBerry's co-founders had showed interest in acquiring the struggling smartphone manufacturer, said a report by The Economic Times.
