(Reuters) – Higher One Holdings Inc registered its initial public offering of 14.3 million shares at an estimated price of $15 to $17 per share. In an amended filing with the U.S. Securities and Exchange Commission, the company said it plans to sell 3.1 million shares, while stockholders will sell an additional 11.1 million shares. […]
COPENHAGEN (Reuters) – Danish food ingredients group Chr. Hansen (CHRH.CO) said it saw strong demand for its initial public offering of stock priced at the low end of the expected range, marking a thaw in the Danish IPO market after years of inactivity. It priced the IPO at 90 crowns per share, valuing the company […]
NEW YORK (Reuters) – SonicWALL Inc (SNWL.O) agreed on Wednesday to be bought by an investor group led by private equity firm Thoma Bravo in a deal the IT security company valued at about $717 million. SonicWALL shareholders will receive $11.50 per share in cash, a 28 percent premium over the Wednesday’s close. SonicWALL said […]
NorthgateArinso, a KKR portfolio company that provides HR software and services, has completed its previously-announced acquisition of the HR management unit of Convergys (NYSE: CVG). The deal is valued at $100 million in cash, including an $85 million up-front payment.
Authentic Brands Group has formed with a $250 million equity funding commitment from Leonard Green & Partners, Knight's Bridge Capital Partners (unit of Counsel Corp.) and ABG chairman and CEO James Salter. The New York-based company will "acquire, manage and build long-term value in prominent consumer brands."
Caballo Energy LLC has secured a private equity commitment from EnCap Investments. No financial terms were disclosed. Caballo is a Tulsa-based company formed acquire, develop and manage natural gas gathering, compression, treating, processing and marketing assets.
Shackleton Equity Partners has acquired RTI Electronics Inc. from IntriCon Corp. (Nasdaq: IIN). No financial terms were disclosed. RTI makes thermistor, film capacitor and magnetic passive electronic components.
International Meal Company Holdings, a Brazilian retail food concessionaire and multi-brand casual dining chain, has raised over $100 million in new equity funding. British Columbia Investment Management Corp. and an undisclosed Asian investment management firm were joined on the deal by existing IMC controlling shareholder Advent International.
VANCOUVER (Reuters) – Porter Aviation Holdings Inc, an upstart regional challenger to Canada’s major airlines, said on Tuesday it was suspending plans for an initial public stock offering, the latest company to be burned by the equity market’s recent volatility. The small, 3-1/2-year-old carrier, which has been luring travelers from Air Canada (ACa.TO) and WestJet […]
LONDON (Reuters) – British budget fashion retailer New Look has no plans to relaunch its stock market flotation in the near future amid an uncertain economic environment for consumers, it said on Wednesday. However the group, which postponed a planned stock market return in February due to volatile financial markets, said it was confident of […]