Jones Group, parent company of Nine West hired Citigroup to explore possible sale Jones Group, parent company of Nine West, is at the early stages of sending out feelers to private equity and industry player about intents on putting the company on sale.
Investors
Osram Price Drops by 4% on First Trading Day
Osram price dropped by 4% on first trading day. Osram Licht AG's opening price today fell by as much as 4% on its first day of trading. The company opened at Eur 25 but then dropped to as low as Eur23.
Mobius Looking at Africa for Private Equity Opportunities
Mark Mobius of Templeton Emerging Markets Group considered investing in Africa. In a statement Mark Mobius released, he said he was considering private equity investments as one of the ways to tap growth in Africa.
Cvent Files Initial Public Offering
Today, Cvent Inc announced filing with the US Securities and Exchange Commission of its initial public offering listing on the New York Stock Exchange.
Prosensa Holding Announces Closing of IPO
Today, Prosensa Holding announced the closing of its previously announced initial public offering which started trading last June 28, 2013 on the Nasdaq Global Market.
Latest News
NRG Energy Inc announced today the initial public offering for its wholly owned subsidiary, NRG Yield.
The NSW state government expressed their intent to sell heritage building in Sydney New South Wales state government expressed their intent to sell two of Sydney's most significant heritage buildings as it enters the second round of property sales.
US stocks rose for a third consecutive day yesterday. US stocks have risen for a third consecutive day as investors eagerly await the start of second-quarter earnings season amid news of euro-area finance ministers approving the aid for Greece.
Raytheon announced that they were awarded with the deal to make the new electronic jammer for the US Navy.
Mylan’s acquisition of a unit at Strides Arcolab Ltd announced July 8 was deferred by Indian regulators.
Moelis & Co decided to pay US$35 million to its investors and employees that held a stake in the firm.
Tesla Motors is set to transfer from the NYSE to the NASDAQ while Oracle Corp. does the opposite. The best-performing car manufacturing stock this year, Tesla Motors Inc.
Three bidders in a race to purchase Hulu Hulu attracted three bids worth over US$1 billion from interested companies. The bidders include the partnership of AT&T and Cherin Group.
Last Monday, LVMH announced an 80% acquisition deal of Loro Piana priced at Eur2 billion. On Monday, LVMH said that it has acquired 80% of Loro Piana, an Italian luxury cashmere clothing brand.
