Sprouts Farmers supported by Apollo through IPO According to a Reuters news report, organic grocer Sprouts Farmers Markets LLC is financially supported by Apollo Global Management LLC, a private equity firm.
Deals
Actavis and Warner Chilcott in Discussions
Actavis and Warner Chilcott are exploring options for a merger after Actavis failed to merge with Valeant.
Proxy Advisory Firms at Odds over Sprint Bid for Clearwire
ISS and Glass Lewis provide opposing advisories to Clearwire shareholders regarding the takeover bid of Sprint-Nextel.
Icahn Offers Own Money in Dell Bid
Icahn, in a bid of bravado, offers a couple of billion of own money for Dell bid. Billionaire investor Carl Icahn, who has just informed the Dell board of an intention to bid for the company with Southeastern Asset Management, told Reuters that he is willing to contribute a couple of billion of dollars in order to finance a bridge loan worth US$5.
US$5 Million Credit Facility for Augme from Silicon Valley Bank
Augme Tech gets loan facility from Silicon Valley Bank. Augme Technologies, Inc together with its fully owned subsidiary, Hipcricket, Inc divulged to the public last Friday that it was able to get a credit facility on its accounts receivable from the Silicon Valley Bank.
Latest News
Lloyds pay back Eur3.5 billion of LTRO received from ECB. Lloyds Banking Group had announced that by next week, it would be paying the remaining Eur3. 5 billion or US$4.
In a watershed moment, Warburg Pincus raises US$11.2 billion. One of the largest private equity funds raised since the 2007 crisis has been put together by Warburg Pincus LLC.
Greece is again selling a three month treasury bill to pay off a previous issue. Greece will commence the auction of Eur1. 0 billion or US$1. 29 billion treasury bills with a term of three months from issue.
Nigeria is preparing to sell nearly US$1 billion of Eurobonds. According to Nigerian Finance Minister Ngozi Okonjo-Iweala, Nigeria is planning to sell US$1 billion worth of Eurobonds.
Vitol, in a move to boost profits, purchases the Immingham power plant. The world's biggest oil trader, Vitol, has entered into an agreement to purchase the largest and most modern power plants in Britain.
Alibaba Group has purchased 28% of AutoNavi Holdings Ltd for US$294 million. China's largest e commerce company, the Alibaba Group has purchased a 28% share in AutoNavi Holdings Ltd, the digital mapping company.
Icahn and Southeastern Asset Management sent a letter to indicate interest in bidding for the world's third largest PC maker.
Ares purchases AREA Property and undertakes management shakeup. Ares Management LLC disclosed through an announcement that it inked a final contract to purchase AREA Property Partners, LP.
Rio Tinto's Northparkes mining rights in Australia are in the cross hairs of the Carlyle Group.
