The fun part may be over--Mark's married now--but Facebook still has plenty of work ahead of it as the company looks to get some Monday morning pop.
Chinese Internet firm Alibaba Group is in talks with existing shareholders, including Singapore state investor Temasek Holdings, to raise about $2.3 billion in equity to partly finance its deal with Yahoo Inc., Reuters reported. Entrepreneur Jack Ma is buying back up to half of a 40% stake in his Alibaba Group from Yahoo for $7.1 […]
Private equity group Nordic Capital has bought Sport-Master, a Danish sporting goods chain, writes Reuters. No details were provided on the value of the deal. Reuters – Private equity group Nordic Capital said on Monday it has bought Sport-Master, Denmark’s largest sporting goods chain, continuing a string of recent deals in the region’s buoyant buyout […]
Motor racing business Formula One will start pre-marketing for its up to $3 billion Singapore initial public offering, writes Reuters. Formula One, which holds 20 races around the world and has a more than 500 million television viewers, is controlled by private equity firm CVC Capital Partners, with a 63.4 percent stake. CVC plans to […]
Kabel Deutschland has acquired Tele Columbus for 603 million euros ($770 million) plus accrued interest. Tele Columbus, headquartered in Berlin, Germany provides basic cable services to approximately 1.7 million customers in 2.1 million homes connected. The acquisition is subject to the approval of the German Federal Cartel Office. PRESS RELEASE Today, Kabel Deutschland Holding AG […]
BigHand, a productivity software developer, has been acquired by Bridgepoint Development Capital with management in a transaction totalling 49 million pounds ($77.5 million). Founded in 1996, the company is the largets provider of of voice productivity software to the legal, healthcare and professional services market in the UK and has a growing international client base. […]
Facebook might turn out to be another IPO that was a disappointment for retail investors--but a smash hit for the secondary markets that absorbed its trajectory.
Elevation Partners, the private equity firm that famously counts Irish rock star Bono among its co-founders, sold 5.2 million of its Facebook shares (or 13% of its stake) for $198 million as part of Facebook’s IPO on Friday.
PE Executives point to several issues of greater concern than today's Facebook IPO. Heck, many of them aren't even on Facebook.
After fits and starts, Facebook made its debut on Nasdaq--to some immediate pop.