Klockner Pentaplast to issue notes worth Eur225 million. The largest producer of rigid plastic film for packaging purposes, Klockner Pentaplast, has set the price of Eur225 million in Senior PIK notes due on 2017 with an interst rate of 10.
Sectors
Dish's Cullen Driving Force For Wireless
Charlie Ergen may be the face of Dish Network but Tom Cullen is the muscle behind the push for wireless technology.
Mike Brown Invests in Bowery Capital
Mike Brown did the work and now has US$33 million for Bowery Capital. Mike Brown has spent the past year making trips to small rural towns and has spent many weeks in cities from the west to the east.
Sale of CheckView Completed
Checkview recently concluded transfer and acquisition of Checkpoint. In an announcement made by Checkpoint Sytems, Inc today, it disclosed that the sale of its Canadian and US Checkview organization to an associate of Platinum Equity was recently concluded.
Qiwi to do Nasdaq IPO
Qiwi, the payment solutions provider from Russia, is set to do an IPO at Nasdaq. Qiwi Plc, the Russian instant payment operator is now in the process of conducting an IPO at the Nasdaq Stock Market.
Latest News
Netchemia receives investment from Mainsail in the amount of US$6.5 million. In an announcement made today by Netchemia LLC, it disclosed that Mainsail Partners gave its company an equity investment amounting to US$6.
BC Partners offered over US$1.3 billion for Allflex. On Friday, Electra Partners announced that BC Partners offered US$1. 3 billion to purchase Allflex.
BRP, the makers of snowmobiles and watercraft, is listing for an IPO in Toronto, Canada. The Canadian builder of Ski-Doo snowmobiles, watercraft and ATVs, BRP Inc, is aiming to raise Can$262 million or US$259 million through sale of its shares during an initial public offer.
From Omaha, Nebraska, Warren Buffett said he won't sell IBM shares despite missed earnings expectations for the quarter.
According to the Il Messagero, Telecom Italia would be selling off its fixed line network to Casa Depositi e Prestiti.
30% of Kelda Group is to be sold off by its owners, Infracapital and Citi infrastructure. The sale of a 30% stake in Kelda Group jointly owned by Infracapital and Citi Infrastructure would get a windfall of nearly GBP2.
Li Ka-shing invests in a center for medical data analaysis and processing in Oxford University. The richest man in Asia, Li Ka-shing is investing in a new research center located at Oxford University.
Ista to sell bonds to cover sale by CVC Capital. Ista International would be selling bonds to help CVC Capital Partners' Eur3. 1 billion or US$4. 1 billion buyout of the German metering company.
Berkshire lowers interest in Tesco from 5.08% to 4.98%. Berkshire Hathaway, the firm of billionaire investor Warren Buffet, has reduced its shareholdings in Tesco Plc to 4.
