Investors
CommScope sets IPO terms
CommScope Holding Co had set its price for its initial public offering which could value the company more than USD3.9 billion.
AT&T's new customers will soon be allowed to purchase Mobile Share plans
AT&T's new customers would soon be able to purchase Mobile share plans, said a Reuters report. The new customers of AT&T would soon be able to buy Mobile Share plans.
Barclays aids Detroit with lifeline financing
The city of Detroit had gotten a USD350 million debtor-in-possession financing from Barclays Plc after filing for bankruptcy last July.
Wall Street hopeful on debt solution in Washington
US stocks rose last Friday as investors were hopeful for the government to reach an agreement over the weekend to end the partial deadlock of the US government.
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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.
Wells Fargo & Co's profits increased however its mortgage banking income had fell, said a Reuters report.
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.
Cambridge Innovation Capital (CIC) launched a GBP50 million fund to place investments in help the development of ideas of companies and startups, said a TechCruch report.
Stonegate Mortgage Corp raised USD 114 million in funds in its New York IPO. Stonegate Mortgage Corp was able to raise USD 114 million in its initial public offering in New York.
In its second largest acquisition in the past six months, KKR had acquired 30% of India's Gland Pharma for USD150 million.
Mitsubishi UFJ Trust and Banking Corp announced the completion of its acquisition of Butterfield Fulcrum Group, now known as Mitsubishi UFJ Fund Services.
Victory Park Capital sold its portfolio company Ascent Aviation Services Corp to LongueVue Capital Partners.