Third Point announced they want to put up around US$322.20 million in its IPO to bolster its underwriting capacity.
Deals
Vivint Solar raises US$200 million in tax equity funds
Vivint Solar stated they have gathered US$200 million in two new tax equity funds that would be used to fund solar power platforms on residential rooftops.
Jeff Bezos buys the Washington Post
The Washington Post announced that Jeff Bezos had acquired the newspaper for US$250 million in cash.
Alliant Techsystems to buy Bushnell
A report stated that Alliant Techsystems are in discussions to buy Bushnell for around US$1 billion.
EZE Trucking with Atlantic Street Capital buys Rig Runners
EZE Trucking, with the backing of Atlantic Street Capital, acquired Rig Runners. EZE Trucking together with Atlantic Street Capital, a private equity firm, announced they have acquired Rig Runners.
Latest News
According to a report by Ernst & Young, 391 merger and acquisition deals with a combined value of US$15.2 billion were recorded in the first half of 2013.
Newsweek, after announcing it would end its print edition, was sold to online news giant IB Times for an undisclosed amount.
IBT Media ends weeks of speculation as it acquired Newsweek under undisclosed financial terms. In an announcement, IBT Media confirmed that it had reached a deal that acquires Newsweek from IAC/InterActiveCorp.
Hellman & Friedman agreed to acquire Hub International Inc., an insurance company based in Chicago. San Francisco-based Hellman & Friedman agreed to acquire Hub International Inc.
Israeli-based cyber security company ThetaRay bagged a substantial investment from General Electric (GE) reported to be worth "several million dollars."
Brazos Private Equity Partners announced its partnership with Southern Tide, a growing lifestyle brand.
Lockheed Martin announced that it is developing a plan to make the upgrades of equipment that will be used by next-generation helicopters of the US Army more convenient and less expensive.
The Indian government decided to postpone its 5% divestment proposal in BHEL for the time being. Plans of the Indian government to divest in BHEL were shelved today citing the company's low share price.
Del Monte invested US$13 million in a banana plantation in Maguindanao province, according to recent reports.
