The privatization deal for Royal Mail had received a government estimated number of more than 700,000 applications for the company's shares, said a Reuters report.
Investors
Woodford's USD51 billion fund seen as savior by UK biotech startups
Biotech startups in the UK got a much-needed capital boost, thanks to Invesco Fund Managers Ltd's USD51 billion purse.
AT&T faces resistance from own investors on European acquisitions
Some investors of AT&T Inc were wary about the US telecom company's plans to acquire European carriers.
Citigroup hires Attolico, Di Stefano to run Italy investment bank
Citigroup Inc. had hired Leopoldo Attolico and Pierpaolo di Stefano to run its investment banking operations in Italy, said a Bloomberg report.
BlackBerry more open to company breakup
BlackBerry, a Canada based struggling smartphone manufacturer, had been more open to a company breakup amid concerns that its biggest shareholder Fairfax Financial Holdings Ltd would not be able to find funds or partners for a proposed USD4.7 billion buyout deal.
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Barclays Plc promoted investment banker John Miller as head of banking for the Americas division of the bank, according to an internal memo seen by Reuters.
KKR & Co LP, a US private equity fund, had acquired a substantial minority stake in Weststar Aviation valued USD200 billion, said a Reuters report.
Men's Wearhouse had rejected the takeover offer of Jos. A. Bank valued at USD2.3 billion in cash as the company deemed the bid to be inadequate, said a Reuters report.
After a Moody's advisory, Winsway was able to leverage a buyback of its bonds at a third of its original value.
For the price of USD1.6 million, Lionbridge Technologies gains a foothold in the Chinese market as well as expand its revenue clientele through the acquisition of E5 Systems.
After receipt of shares in Seagate Technology as payment, Samsung is now reselling the shares back to the Dublin based firm for USD1.51 billion.
Rhiag had entered into definitive agreements for its acquisition by Apax Partners through its Apax Fund.
In its latest Series A funding round, TempoDB would be expanding and developing its sensor and measurement data storage systems.
Spinal medical device company LDR Holding would hold an IPO over five million shares of common stock this week.
