Onex, in a bid to expand its watch and buy segment, purchases Nielsen Expositions from its parent firm.
Sectors
NZ Government Divesting Interests in Private Companies
The New Zealand government is divesting its interests in private companies in order to curb costs and trim debt.
Hertz Private Equity Backers Sell Off
Hertz's private equity shareholders sell of interest. In an announcement, Hertz Global Holdings Inc said that private equity firms of Clayton, Dubilier & Rice, the Carlyle Group and the Bank of America Merrill Lynch have exited their ownership in the company.
Buffett's Firm Divests Moody's Shares
For the third straight time, Buffet's Berkshire Hathaway has sold off Moody's shares. In another surprising move, Warren Buffett's Berkshire Hathaway has sold another 1.
Clustrix Raised US$16.5 Million from Current Investors
Clustrix raised US$16.5 million from investors totalling US$46.5 million overall. On Monday, Clustrix announced the recently concluded funding round that was able to raise an estimated amount of US$16.
Latest News
TallGrass Energy IPO to be done with an expectation of revenues amounting to US$300 million. About US$300 million is expected to be raised by Tallgrass Energy Partners LP from its initial public offer.
Tableau Software would undertake an IPO with an expected value of US$215.3 million. Tableau Software, the data analysis software programmer, announced that its initial public offer price would be pegged between US$24 and US$26 per share totalling US$215.
William Lyon Homes to do IPO expecting share price between US$22 and US$24 per share. An initial public offer for William Lyon Homes is expected to fetch a price per share between US$22 and US$24 totalling US$209 million.
Freddie Mac offers ninety day and 120 day bonds. The second largest home mortgage company, Freddie Mac, has announced that it would be selling US$3. 0 billion of reference bills come Monday.
Series B fundraiser saw STAT-Diagnostica raise US$22.1 million. STAT-Diagnostica disclosed the conclusion of its Series B growth financing round that earned an estimated amount of US$22 million or EUR17 million.
US$7 million was raised by Merchantry from both old and new investors. In an announcement by Merchantry today, it disclosed that its Series B of Financing had raised US$7 million with Kite Ventures heading the round.
Corsair, the gaming components expert, has received US$75 million investment from Francisco Partners.
Marlin Equity Acquires Optical Networks to be rebranded as Coriant. Marlin Equity Partners disclosed in an announcement that the negotiations that began back in the 3rd of December 2012 regarding its intent to acquire the Optical Networks came to an end today.
Etihad, in a move to expand presence in Africa, partners with South African Airways for route sharing and other benefits.
