Niska Gas Storage, a Gridley, Calif.-based owner and operator of natural gas storage assets in North America, has set its IPO terms to 17.5 million common units being offered at between $19 and $21 per unit. It plans to trade on the NYSE under ticker symbol NKA, with Goldman Sachs and Morgan Stanley serving as […]
FleetCor, a Norcross, Ga.-based provider of branded fuel cards, has filed for a $500 million IPO. It plans to trade on the NYSE, with J.P. Morgan and Goldman Sachs serving as co-lead underwriters. The company reports $354 million in 2009 revenue, compared to $341 million in 2008 and $264 million in 2007. Its 2009 net […]
NeoPhotonics, a San Jose, Calif.-based maker of optical components using laser-reactive deposition, has filed for a $115 million IPO. It plans to trade on the Nasdaq under ticker symbol NPTN, with J.P. Morgan and Deutsche Bank Securities serving as co-lead underwriters. The company reports $155 million in 2009 revenue, compared to $133 million in 2008 […]
Three Rivers Operating Co., an Austin, Texas-based upstream oil and gas company, has raised an undisclosed amount of private equity funding from the Riverstone/Carlyle Energy and Power Funds. Three Rivers also announced that it would purchase certain assets of Chesapeake Energy in the Permian Basin of West Texas and Southeast New Mexico.
Lone Star Funds has received shareholder approval to acquire hotel owner and operator Lodgian Inc. (NYSE: LGN) for approximately $270 million (including assumed debt). Under terms of the agreement, Lodgian stockholders would receive $2.50 per share.
Welsh, Carson, Anderson & Stowe has agreed to acquire a majority stake in GlobalCollect, an Amsterdam-based provider of local e-payment solutions for international customer not-present channels. The seller is General Atlantic. No financial terms were disclosed.
FRANKFURT (Reuters) – Private equity company Permira, owner of Hugo Boss, on Thursday dismissed market talk about a possible ownership change at the German fashion house. Boss shares had risen as much as 6.5 percent as traders cited talk that the Marzotto family, co-owners with Permira of a company that holds 55 percent of Hugo […]
Smile Brands Group Inc., a Santa Ana, Calif.-based provider of support services to dental groups in the U.S., has set its IPO terms to 7.35 million common shares being offered at between $16 and $18 per share. The company would have an initial market cap of approximately $350 million, were it to price at the […]
HONG KONG (Reuters) – Private equity firm TPG is planning to exit China Grand Automotive Services Co Ltd through a stock listing, and has hired China International Capital Corp (CICC) and Goldman Sachs (GS.N) as lead managers, people familiar with the process told Reuters. The size and timing of the offer is still uncertain, but […]
(Reuters) – Travel and tourism IT firm Amadeus aims to raise up to 1.36 billion euros ($1.86 billion) when it returns to the Madrid stock exchange on later this month in Europe’s largest IPO this year. Amadeus, with 2.46 billion euros of revenues in 2009, was delisted four years ago when BC Partners and Cinven […]