North America

Chemical maker Taminco to list shares in NY Stock Market; expects to raise $300 M

Chemical maker Taminco Corp. said that it expects to raise $300 million on its initial public offering of 15.8 million shares at $18 to $20 per share.


Nordic Capital acquires logistics company Unifeeder

Due to its expansion potential, private equity firm Nordic Capital has acquired logistics company Unifeeder from Montagu Private Equity.

Private equity industry faces new challenge as investors go direct for deals

The private equity industry is facing a new challenge with investors, to avoid the hefty fees being charged by private equity firms, directly buying stakes in companies or go into co-investments.

LCI Holdco Asset Sale Upheld

The bankruptcy court upheld the sale of assets of LCI Holdco LLC despite IRS opposition. The federal court with jurisdiction over the bankruptcy case of LCI Holdco LLC has approved the sale of the assets of the company to Hospital Acquisition LLC.


Latest News

Deutsche Telekom board considering modifying offer on merger terms between T-Mobile USA and MetroPCS Communications.
Global investment banking services showed its strongest annual start in two years with fees rising by six percent in the first quarter.
German Deutsche Telekom plans to amend the terms of a proposed merger between its T-Mobile USA and MetroPCS Communication, a local company, sources said.
Harvard can keep its above-average returns with its strategy of investing into hedge funds, private equity and real assets, according to the head of its investment arm.
A new survey revealed that mergers and acquisitions activity for developed and emerging markets declined in 2012.
Sterling Bancorp was purchased by Provident New York Bancorp for US$344 million. Provident New York Bancorp has announced its purchase of Sterling Bancorp through a stock deal amounting to US$344 million.
Mitsui Corp, one of the world's leading chemical makers purchases Heraeus Dental for Eur450 million.
Vodafone shareholders are thinking about whether they should sell the entire company to Verizon or just sell its 45% stake.
Nationwide Financial has announced that it is acquiring 17 equity and bond mutual funds with $3.6 billion in assets from Union Bank's HighMark Capital Management.
Michael Pausic, long time fixture at Maverick Capital would be establishing his own hedge fund. Michael Pausic of Maverick Capital manages media and telecommunications investments at the hedge fund.