Historic Facebook debut falls short of expectations

The historic initial public offering of Facebook Inc did not go as planned on Friday. The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.


Fondiaria offers Unipol 61 pct of merged group-report

Italian insurer Fondiaria-SAI has proposed share swap ratios for the planned merger with Unipol that would give its peer 61 percent of the new merged entity.

Carlyle in talks on $1.25 bln Taiwan bank sale-sources

Private equity firm Carlyle Group is in talks to sell its stake in Taiwan's Ta Chong Bank to Yuanta Financial in a deal worth up to T$37 billion ($1.

Early Facebook investors to sell more shares

As Facebook raised the expected range of the stock to $34-$38 per share, up from previous range $28-$35, those early investors are looking to cash out more shares.


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Carolyn Mathis, Partner with Harbor View Advisors, Ponte Vedra, Florida has joined theFlorida Venture Forum’s Board of Directors.
Universal Music Group's bid to buy a big chunk of EMI stands to make the world's leading music company an even more formidable force.
Sonic Healthcare Ltd, Australia's top pathology and radiology group, has agreed to buy some pathology assets from private equity-owned Healthscope for A$100 million ($100 million).
Private equity firms TPG Capital and Carlyle Group are separately considering bids for United Technologies Corp's industrial units at $3.5 billion to $4 billion.
Carlyle Group LP, the private equity group that went public in a $671 million IPO earlier this month, on Tuesday reported a 26 percent drop in profitability in its first-quarter earnings, as it failed to match a strong 2011 first quarter.
FPC launches its new and further enhanced version of the FPC1011F, the by far most deployed silicon-based area sensor in China.
Security firm G4S is preparing to sell a large part of its Danish operations in a deal that is expected to be worth more than 1 billion Danish crowns ($174.
China Yongda Automobiles Services has launched its Hong Kong initial public offering, aiming to raise as much as HK$3.37 billion ($434 million).
Concho Resources Inc (CXO.N) said it would buy all of the oil and natural gas assets of Three Rivers Operating Company LLC, a portfolio company of private equity firm Riverstone Holdings LLC, for $1 billion in cash.
For the handful of venture capitalists who backed Facebook (FB. O) in its early days, a huge financial payoff is not the only thing they may be celebrating when the company goes public later this week.