CNH Industrial started trading on the New York Stock Exchange on Monday at USD12.75 per share piece, said a Reuters report.
Deals
Twitch receives USD20 million capital infusion
Twitch's Series C investment round garnered USD20 million. The world's foremost video platform and community for online gamers, Twitch, recently announced a Series C USD20 million investment.
Northstar Group working on new USD1 billion fund
Buyout firm Northstar Group, with its TPG backing, had opened a fund to surpass its previous high of USD820 million.
Clairvest invests in outdoor advertising firm Cieslok Media
A USD15 million investment was recently announced by Clairvest to be received by Cieslok Media. The Clairvest Group had announced that it represented the group in its USD15 million investment in Cieslok Media, which was formerly known as Titan Outdoor Canada Company.
Former Xstata executives form new resources company
Mick Davis and Trevor Reid, former executives of Xstrata form X2 Partners to establish X2 Resources with the Noble Group and TPG.
Latest News
Investment company PointB sold its shares of Loft9. Seattle-based management consulting and private equity company Point B said it had exited from Loft9.
San Miguel Corp sold its 27.1% stake in Manila Electric Company to JG Summit Holdings Inc. valued around USD2 billion.
Clinton Group had increased its stake in Nutrisystem Inc. by 5.2%, according to a filing on Monday. Activist hedge fund Clinton Group had increased its stake in Nutrisystem Inc.
Deutsche Wohnen investors approved a share plan for the purchase of GSW stock. The shareholders of Deutsche Wohnen gave its stamp of approval to the share plan for the purchase of GSW Immobilien.
Nigerian President Goodluck Jonathan handed control of 14 power companies formerly owned by the state to private investors.
On Monday, Renesas Electronics Corp received bailout funding from a government-led fund and its major customers.
Private equity firm KKR agreed to buy a 10% stake in Chinese home appliance maker Qingdao Haier. Global investment company Kohlberg Kravis Roberts (KKR) signed a definitive agreement to purchase a 10% stake in home appliance maker Qingdao Haier.
GSK had agreed to put its thromobosis drugs on sale to Aspen Pharmacare with proceeds to be used for general corporate purposes.
Private equity firms invested an undisclosed amount on the initial tranche of PaletteApp's Series A round.
