(Reuters) – Oil and natural gas exploration company Oasis Petroleum Inc (OAS.N) said late on Wednesday it priced its initial public offering at $14 a share. Houston, Texas-bases Oasis sold 42 million shares in its offering. The company had earlier planned to sell the shares for $13 to $15 each. The company is leasing land […]
(Reuters) – Higher One Holdings Inc ONE.N, which provides banking services to colleges and college students, priced shares in its initial public offering below the expected range, according to a market source. The company sold 9 million shares for $12 each, raising about $108 million. It had planned to sell 14.25 million shares for $15 […]
(Reuters) – British oil and gas company Fairfield Energy said it plans to raise around $450 million and $500 million through a listing on the London Stock Exchange and will use the funds to boost its oil production. North Sea-focused Fairfield said on Thursday it expected to complete the offering and be admitted to London’s […]
Madison Dearborn Capital Partners has completed its take-private acquisition of BWAY Holding Co., a North American supplier of general line rigid containers. BWAY stockholders received $20 per share, for an enterprise value of approximately $915 million (including assumed debt). Bank of America Merrill Lynch and Deutsche Bank Securities provided leveraged financing.
MILAN/LONDON (Reuters) – Italian fund F2i and private equity firm CVC have pulled out of the bidding for Endesa SA’s (ELE.MC) gas grid, people familiar with the matter said, while M&G Investments said it had also dropped out. Suitors recently entered indicative bids for the Spanish utility’s gas network, and remaining bidders are now preparing […]
The skies in New York are clouding over, but I do have an update on the sale of Executive Health Resources. peHUB has learned that ABRY Partners, which owns Executive Health, sent books out about six weeks ago. They targeted all the big buyout shops, or at least those that could write equity checks of […]
(Reuters) – British fund firm Jupiter raised 220 million pounds ($340 million) to pay off debt in an initial public offering which had been dogged by weak markets but still secured a valuation in line with London-listed rivals. In a deal that will secure a 33.5 million pound windfall for fund managers and directors, Jupiter […]
Navis Capital Partners has offered to acquire Eng Kong Holdings Ltd., a Singapore-listed provider of container services. The offer would value Eng Kong at around S$77.44 million (US$55.46m). www.naviscapital.net
Madison Dearborn Capital Partners has completed its acquisition of a 51% equity stake in consumer credit reporting company TransUnion from the Pritzker family, which will retain the other 49 percent. No financial terms were disclosed, although the Wall Street Journal previously reported that the deal values TransUnion at around $2 billion.
MagnaChip Semiconductor LLC, a South Korean maker of analog and mixed-signal semiconductor products for high-volume consumer applications, has set its IPO terms to 7.5 million shares being offered at between $15.50 and $17.50 per share. It would have an initial market cap of approximately $698 million, were it to price at the high end of […]