Home News Briefs Page 7502

News Briefs

Warner Chilcott PLC (Nasdaq: WCRX) priced a secondary offering of 20 million common shares at $22.5 per share. Sellers included: Bain Capital (3.94 million shares, 33.82 million remaining), DLJ Merchant Banking (4.23 million sold, 35.26 million remaining), JPMorgan Capital (4.23 sold, 33.82 million remaining), THL Partners (4.43 million sold, 33.82 million remaining). www.wcrx.com
Haywood Dorland Energy Capital is planning to begin marketing its debut fund later this month, according to VentureWire. The New York–based firm focuses on renewable energy projects, and was founded by veteran energy banker Steven Pottle (most recently with HSH Nordbank). www.hdenergycapital.com
HONG KONG (Reuters) – U.S. billionaire investor Wilbur Ross plans to buy shares of China Longyuan Power Group, Asia’s largest wind power generator, which aims to raise up to $2.2 billion from its Hong Kong initial public offering, according to a preliminary prospectus. Longyuan has landed four cornerstone investors for a combined $330 million worth […]
NEW YORK/HELSINKI (Reuters) – Ciena Corp will buy the optical networking and carrier ethernet business of bankrupt Nortel for $769 million, sources told Reuters, after it trumped Nokia Siemens Networks in a three-day auction. The deal will more than double Ciena’s turnover, prompting the market to focus on how the U.S. network equipment maker will […]
Intermedix Corp., provider of billing services to emergency medical service providers in Texas, has acquired the assets of Texas ER Medical Billing Inc., a provider of revenue cycle management services for hospital-based emergency physicians. No financial terms were disclosed. Intermedix is a portfolio company of Parthenon Capital.
Grey Mountain Partners has acquired a majority equity stake in Bolttech Mannings LLC, a New Versailles, Penn.-based provider of technical bolting and heat treating services for industrial applications. No financial terms were disclosed.
Crimson Exploration Inc., a Houston, Texas-based natural gas and crude oil company, has filed for a $100 million stock offering. The company currently trades on the OTC bulliten board, but plans to list on the Nasdaq. Barclays Capital is serving as lead underwriter. Crimson is majority-owned by Oaktree Capital Management. www.crimsonexploration.com
NEW YORK (Reuters) – The auction for Nortel Network’s optical networking and carrier ethernet business went into a second day on Saturday, after Ciena (CIEN.O) called for a break in the auction late on Friday, two sources said. Last month Nortel Networks Corp, the bankrupt Canadian telecommunications equipment maker, said that Ciena’s cash-and-stock bid, worth […]
CHICAGO (Reuters) – Hospitality company Centerplate will acquire smaller rival Boston Culinary Group Inc in a move to beef up its presence in the large college market, as well as other entertainment venues, the company said on Friday. Terms of the deal were not disclosed, but Centerplate Chief Executive Officer Desmond Hague said it will […]
Fabrinet Inc., a Thailand-based provider of foundry services to optical component, module/subsystem and optics OEMs, has filed for a $150 million IPO. It plans to trade on the NYSE under ticker symbol FN, with Morgan Stanley and Deutsche Bank Sercurities. Earlier this year, Fabrinet canceled a proposed $250 million IPO, due to “market conditions.” Shareholders […]
pehub
pehub

Copyright PEI Media

Not for publication, email or dissemination