Yesterday, Post Holdings Inc. said that it had agreed to acquire Dakota Growers Pasta Co in a deal priced at USD370 million.
Deals
Morgan Creek entices clients with new hedged mutual fund
Morgan Creek Capital Management opened a new class of fund called Morgan Creek Tactical Allocation to allow retail investors access to exclusive investment portfolios.
Maurel & Prom's CEO says company is considering a London listing
In an interview with Reuters, Maurel & Prom CEO Jean-Francois Henin said his company was mulling a secondary listing in London.
Sharp issues 450 million new shares in fundraising- sources
Sharp planned to issue 450 million new shares in a USD 1.7 billion fundraising plan. Sources told Reuters that Sharp Corp would be issuing 450 million new shares to raise funds.
UK goverment may earn GBP60 million from first Lloyds exit
The British goverment said in a statement today that through UK Financial Investments Ltd, it has sold its 6% of its issuing stock in Lloyds Banking Group Plc for GBP3.2 billion.
Latest News
Britain announced that it would sell its stake in Lloyds Banking Group priced at least GBP0.50 a share.
Hudson's Bay Co. announced naming Marigay McKee to be the president of the US luxury retailer Saks Inc. after the acquisition deal was completed.
Blackstone Group LP decided to sell its shares in hotel chains following the increased sales of hotel properties in the US this year.
After completion of the Cyprus review, IMF released another USD113 million for the bailout of the country.
In a USD12.55 per share purchase, Boise Inc would serve to increase the capacity of the Packaging Corp of America.
Deerfield announced today funding of a credit facility for Imris Inc. valued USD25 million. Deerfield operates as a leading investment management firm.
RiverPark Advisors launch a new open-ended mutual fund which was a conversion of hedge fund Wavecrest Partners Fund I launched on September 2008.
Upworthy, the video social media site, had received USD8 million for its Series A funding round. Eighteen months since its launch, social media site Upworthy announced the receipt of USD8 million as equity investment for the company, The investors were led by Spark Capital, Cantamount Ventures, Uprising and the Knight Foundation.
For an undisclosed amount, Vance Street Capital purchases Lark Engineering to complement an earlier acquisition.
