Twitter Inc would be valued at most USD20 billion post-IPO (initial public offering), said hedge funds Ironfire Capital LLC and Gamco Investors Inc.
Investors
Fenergo secures EUR 4 million in funds from Ulster Bank Diageo Venture Fund
Software company Fenergo raised EUR 4 million from Investec Ventures-backed Ulster Bank Diageo Venture Fund.
Pamlico Capital closes Pamlico Capital III with USD 650 million
Pamlico Capital closed Pamlico Capital III with USD 650 million in an oversubscribed round. Pamlico Capital announced it was able to close Pamlico Capital III with USD 650 million.
Forward Investment Partners participates in USD 2.8 million seed funding round for Wool and the Gang
Forward Investment Partners joined other private equity firms in the USD 2.8 million seed funding round for Wool and the Gang.
UK government plans to increase Royal Mail shares to cater to small, public investors
The Guardian said the British government might increase the 30% Royal Mail share allocation it would be selling to small and public investors.
Latest News
Tweets from billionaire activist investor Carl Icahn confirmed the appointments of new directors of the board for Nuance Communications.
Sources told Bloomberg that Power Asset Holdings had approached banks for a USD 4.8 billion loan. Power Asset Holdings Ltd had been seeking a USD 4. 8 billion or HKD 37.
According to anonymous sources, Zulily Inc would be disclosing the financial details of its public listing plans this week.
The initial public offering of Stock Spirits Group would value the company at GBP 420 million or USD 675 million.
Michael Smith, current Australia and New Zealand Bank CEO, in an interview with Bloomberg's Susan Li said Hong Kong is the stepping stone towards China.
Sources told Bloomberg that Italian Prime Minister Enrico Letta was pushing for a state-controlled firm to back Alitalia in its planned merger with Air France-KLM.
Real estate firm Ledermann Immobilien cancelled its planned IPO today because of low demand. Swiss-based real estate firm Ledermann Immobilien said it would not push through with its planned initial public offering (IPO) anymore.
According to a report from USA Today, the new USD 100 note has a distinctive feel and new security features.
CtW Investment Group urges recomputation of compensations and urged the opposition to compensation committee.
