NXT Capital, LLC has closed a $308 million CLO, named NXT Capital CLO 2012-1. NXT Capital, LLC has closed a $308 million CLO, named NXT Capital CLO 2012-1.
Sectors
Tilly's $124 million IPO exceeds expectations
Fashion retailer Tilly's Inc raised $124 million during its initial public offering on Thursday, pricing it above its expected range, according to an underwriter.
Microchip Technology and SMSC Announce the Acquisition of SMSC by Microchip Technology
Acquisition Will Expand Microchip’s Smart Connectivity Solutions for Embedded Markets Microchip Technology Incorporated (NASDAQ: MCHP), a leading provider of microcontroller, analog and Flash-IP solutions, and Standard Microsystems Corporation (NASDAQ: SMSC) today announced that Microchip has signed a definitive agreement to acquire Standard Microsystems Corporation (“SMSC”) for $37.
Lenders Predict Private Equity Regulation in Phoenix Survey
Results of the first quarter Phoenix Management “Lending Climate in America” Survey signal that lenders’ expect private equity regulation will occur despite the outcome of the presidential race.
Grey Mountain Partners Acquires Cloud Infrastructure Provider Ajubeo LLC
Grey Mountain Partners Acquires Cloud Infrastructure Provider Ajubeo LLC Grey Mountain Partners ("Grey Mountain") through its affiliate, Infrastructures Investors LLC, today announced the acquisition of Ajubeo LLC (“Ajubeo").
Latest News
Through an affiliate, Lowe Enterprises has formed a joint venture with Suncadia Grand Avenue Partners, LLC to assume ownership of the Suncadia Resort in Roslyn, Wash.
China's state-owned Bright Food Group has agreed to buy a 60 percent stake in British cereal firm Weetabix Food Co from private equity firm Lion Capital
Here is a look at the ups and downs of Petroplus as Vitol, the world's largest oil trader, teamed up with Marcel Van Poecke, Petroplus's co-founder, to buy the insolvent refiner's Swiss plant.
Faurecia will acquire the Saline, Mich. (USA), interior components business. As part of its continued growth in North America and commitment to its long-term customer Ford Motor Company, Faurecia will acquire the Saline, Mich.
Chery Automobile Co Ltd, is in talks with banks for a roughly Rmb6bn ($951.3 million) loan for its joint venture with Jaguar Land Rover Ltd, sources said.
Technicolor plans to launch a capital increase of up to EUR158 million to strengthen its balance sheet and enhance its capabilities to implement its "Amplify 2015" strategic roadmap.
Technicolor said U.S. bank JPMorgan Chase planned to take a stake of up to 29.96 percent in the French digital video specialist to help it cut debt and push through its turnaround plan.
Radiator Labs was named the top winner of the MIT Clean Energy Prize for a radiator retrofit design that increases the energy efficiency of steam heating systems.
The award was given to HzO for its revolutionary WaterBlockTM technology. HzO, Inc. —a Utah start-up—received the coveted Utah Innovation Award in Salt Lake City today.
