Warburg Pincus to sell of shareholdings in Webster Financials. Webster Financial Corporation, the holdings firm for Webster Bank NA, had announced the pricing for the underwritten secondary offering by Warburg Pincus Private Equity X LP of a total volume of 8,744,850 shares.
North America
Dell Responds to Offer Of Icahn and Southeastern
Dell Corp responds to the Icahn-Southeastern Asset Management offer. On Friday, Dell Inc. issued its reply on the suggested alternative presented by Southeastern Asset Management and Carl Icahn.
uParts Signs US$2M Financing from GRP and Fraser
uParts signs a US$2 million financing deal from GRP and Fraser uParts, Inc disclosed the conclusion of its Series A investment round, headed by GRP Partners and Fraser McCombs Capital plus the participation of other prominent personalities in the automotive industry.
Baskins to be acquired by Boot Barn
Boot Barn purchases costumes and work wear. The favorite retailer of western and workwear has finalized an agreement to purchase the stores of Baskins.
Paladin and Ascent Contribute to PerspecSys
Paladin and Ascent contributes to PerspecSys. PerspecSys Inc, one of the foremost cloud data protection solution providers, has announced it has raised US$12 million in funding.
Latest News
AvantCredit gets loan infusion from Victory Capital. The asset executive firm, Victory Park Capital, disclosed that it granted AvantCredit a US$25 million credit facility.
Klockner Penteplast's recapitalization has been completed. The Strategic Value Partners, LLC made public today that the Klockner Pentaplast's holding company, which was purchased in June 2012 through recapitalization by assembly of investors headed by SVP Global, has concluded a refinancing transaction.
FNA Group finances boosted by refinancing from Bank of America. Livingstone, a renowned and independent global investment banking firm was pleased to announce the completion of negotiations on the refinancing by Bank of America of the FNA Group, Inc.
CTI Foods is now owned by the consortium of Thomas H. Lee Partners LLC and an affiliate of Goldman Sachs.
Partnership between Box and GoodData expanded with supporting capital funding. Partners Box and GoodData launched today the GoodBox Bash. The partners recent project is a cloud based application that allows their client to view, analyze and process business information.
Facebook in the process of acquiring Israel's Waze for US$1 billion. According to business newspaper, Calcalist, the largest social networking site, Facebook, was reported on Thursday to be in early discussion with Israeli's renowned mobile satellite navigation application, Waze.
David Einhorn of Greenlight Capital and Jeffrey Gundlach of DoubleLine Capital have called out Chipotle.
Ouya console gaming gets a boost with US$15 million from venture capitalists. The maker of a US$99 video game console that utilizes Google Inc's Android operating system, Ouya Inc has raised US$15 million in venture capitalist funding in expanding its operations.
Einhorn of Greenlight Capital gives advice and provides fearless forecast. David Einhorn is one of the most observed hedge fund managers in the industry.
