Evertec, at a per share price of US$20, stands to raise US$1.75 billion in its initial public offering.
Investors
Harvard's Private Equity Head Resigns
Harvard Management Company's director for private equity and venture capital, Peter Dolan, has resigned from his post on April 10.
Ecolab Completes Champion Technologies Acquisition
The long awaited acquisition by Ecolab of Champion Technologies has been cleared of anti-trust issues by the Justice Department.
Rally Software Increases Share Prices at IPO
Rally Software's IPO price topped US$14, above the US$13 per share initial pricing. The initial public offering of Rally Software Development rose by 27% in Friday midday trading after the company priced its shares at US$14.
UPDATE - Heinz Buyout Becoming Less Berkshire Hathaway
Heinz buyout is a deviation from Buffett's known acquisition formula. At the announcement of the deal to acquire Heinz, the venerable Warren Buffett had stamped his approval with then CEO Bill Johnson.
Latest News
Distressed debt investors are looking into German property company IVG Immobilien as some lenders try to minimize potential heavy losses due to the property company's debt restructuring.
Singapore's Heliconia Pte Ltd is set to buy 2.6 percent stake in private sector Kotak Mahindra Bank for Rs 1,296 crore.
Private equity firm Carlyle Group is set to sign investment deals in Africa to tap the increasing customer spending in the continent.
Syros Pharmaceuticals gets US$30 million financing through a Series A round with institutional investors.
European private equity firm AXA Private Equity has sold its majority stake in Aixam Mega to Polaris Industries, a US in group specializing in powersports.
LinkedIn purchases Pulse at US$90 million where 90% are in stocks and 10% is paid cash. The social network for professionals, LinkedIn Corp has announced that it would be acquiring Pulse.
Biodesix raises fund through preferred shares sales. The molecular diagnostic company, Biodesix Inc, has added US$8. 8 million funding through another round of sales of its preferred shares in Series D funding round.
Iron Pearl has been acquired by Paypal for an undisclosed amount. PayPal has announced the acquisition of Iron Pearl for an undisclosed amount. The renowned online payment service provider has been seeing fast growth as there are more than 5 million people who have been signing up and using the services.
Riverstone Holding invests in Ridgebury Tankers and the management invests in itself. Riverstone Holding has invested US$200 million in the new tanker company, Ridgebury Tankers.
