Capital Markets

  • January 2, 2014

    Deals Rumor Mill: Ally, Channel 5, New York Times

    A surge of investor interest in Ally Financial shares has given the U.S. government reason to believe it could wind down its stake in the auto lender sooner rather than later, while Britain's popular Channel 5 broadcaster could hit the selling block.

  • January 2, 2014

    PE-Backed Biotech Co. UniQure Eyes $75M IPO

    Dutch biotech company uniQure plans to make a U.S. public offering to raise up to $75 million in capital, according to U.S. Securities and Exchange Commission filings Thursday.

  • January 1, 2014

    Risk-Conscious Deal Makers To Grow Bolder In 2014

    A ripe debt market and budding confidence among deal makers will help keep mergers and acquisitions activity rolling in the next 12 months, but experts say buyers and sellers shouldn’t expect too much from a year they predict will closely mirror the last.

  • December 20, 2013

    Deals Rumor Mill: Hard Rock, Evonik, Vivendi

    Hard Rock is hoping to finally bring its brand to Atlantic City with the purchase of an existing casino, while a Vivendi unit could lose out on a $381 million acquisition after French officials reconsidered its impact on competition.

  • December 20, 2013

    Cuomo 'Green Bank' Set To Open With $210M In 2014

    New York regulators on Thursday approved a funding plan for Gov. Andrew Cuomo's green bank — designed to eliminate market-based barriers that block renewable energy generation and efficiency projects — that will see $210 million in state money seed what officials hope will be four times that in private financial backing. 

  • December 19, 2013

    Fed's Taper Sends Mixed Message On Economy

    The Federal Reserve's Wednesday announcement that it would begin tapering its bond-buying program received a positive response from the markets, but a new promise to hold the federal funds rate at the current level even after unemployment dips below 6.5 percent revealed a continuing concern about lack of inflation.

  • December 19, 2013

    Facebook, Zuckerberg To Sell 70M Shares

    Facebook Inc. said Thursday that it and certain shareholders will sell 70 million shares of its class A common stock, as it prepares to be listed on the exclusive Standard & Poor's 500-stock index beginning Friday.

  • December 18, 2013

    Deals Rumor Mill: Al Jazeera, Warburg Pincus, Sony

    Al Jazeera wants a piece of a Turkish pay-TV provider to ramp up its soccer offerings, while Warburg Pincus is gunning for a multibillion-dollar fundraising target for its first global energy pool.

  • December 18, 2013

    SEC Eases Registration Rules On Startup Funding

    The U.S. Securities and Exchange Commission on Wednesday unanimously approved a proposed Jumpstart Our Business Startups Act regulation that would allow small businesses and startups to raise up to $50 million in capital with less federal and state red tape.

  • December 16, 2013

    Deals Rumor Mill: KKR, Versace, Dexus

    Bids from top private equity players for leading talent agency IMG Worldwide have so far disappointed seller Forstmann Little, while an Australian REIT is expected to turn up the heat in a high-profile $4 billion bid war over the Commonwealth Property Office Fund.

  • December 13, 2013

    Deals Rumor Mill: Time Warner, Sprint, Icahn

    Charter Communications is preparing to deliver a blockbuster takeover proposal to Time Warner, while Sprint is considering a buyout bid for rival T-Mobile that would spawn the third-biggest mobile provider in the U.S.

  • December 12, 2013

    GM Rakes In $1.3B For Remaining Ally, Peugeot Stakes

    General Motors Co. has unloaded the last of its stake in onetime insurance division Ally Financial Inc. in a private placement worth $900 million and exited French automaker Peugeot Citroen SA in a separate $362 million transaction, the automaker said Thursday.

  • December 12, 2013

    Goldman Loans $120M To Warburg-Backed Warehouse Firm

    Goldman Sachs Group Inc. has agreed to provide a $120 million pre-initial public offering loan to Shanghai-based warehouse developer e-Shang, which was co-founded by U.S. private equity firm Warburg Pincus LLC two years ago, e-Shang announced Thursday.

  • December 12, 2013

    Deals Rumor Mill: CVC Capital, Dish, European Commission

    Centerbridge swooped in with a multibillion-dollar offer for LightSquared that could stymie a previous $2.2 billion bid from Dish, while European competition regulators are planning an in-depth probe into a proposed $11.9 deal that would combine the German operations of Telefonica and KPN.

  • December 11, 2013

    Simpson Thacher, Davis Polk Lead Hilton Into $2.7B IPO

    In what promises to be the largest initial public offering for a hotel company, the Blackstone Group LP-backed Hilton Worldwide Holdings Inc. on Wednesday set its share pricing at $20 for an estimated  $2.7 billion windfall.

  • December 11, 2013

    Deals Rumor Mill: Men's Wearhouse, Scripps, Morgan Stanley

    Tensions between senior executives at Men's Wearhouse and Jos. A. Bank have backed the companies' merger talks into a stalemate, while two U.S. cable TV titans could touch off a flurry of deal-making activity with their prospective tie-up.

  • December 10, 2013

    Lloyds Raises £685M In St. James Share Selloff

    Lloyds Banking Group PLC sold off its remaining shares of St. James’s Place Wealth Management Group PLC, allowing the English financial services group to raise roughly £685 million ($942 million) in capital Tuesday as it continues to recover from the financial crisis.

  • December 10, 2013

    Deals Rumor Mill: Novartis, Siemens, Blackstone

    Novartis is considering a one-for-one swap of its $4 billion animal health unit for a yet-unnamed Merck division, while a Blackstone-backed landlord could find itself under new ownership in one of Germany's biggest real estate transactions of the year.

  • December 6, 2013

    PE-Backed Retailer DTLR Shelves $75M IPO Plans

    Private equity-backed DTLR Holding Inc., a street-inspired footwear, apparel and accessories retailer, plans to withdraw its $75 million initial public offering because of an undisclosed business development, the company announced Friday.

  • December 5, 2013

    Deals Rumor Mill: America Movil, JC Penney, Wilbur Ross

    America Movil could face forced asset sales based on findings from Mexico's telecom watchdog, while Kyle Bass' Hayman Capital unloaded the hedge fund's remaining stake in J.C. Penney.