(Reuters) – Information management company Iron Mountain Inc (IRM.N) said it acquired Mimosa Systems Inc, a Santa Clara, California-based provider of on-site digital storage services, for $112 million in cash. With the acquisition, Iron Mountain will now get access to Mimosa’s key customers like United Healthcare Group (UNH.N) and Flextronics (FLEX.O). The acquisition […]
(Reuters) – Goldman Sachs (GS.N) plans to buy U.S.-based warehouse and logistics company Metro International Trade Services, a Goldman Sachs spokesman said on Friday. The official didn’t say how much the deal was worth. Metro runs a global network of London Metal Exchange approved warehouses for primary aluminum, aluminum alloy, copper, lead, nickel, plastic, steel, […]
Niska Gas Storage, a Gridley, Calif.-based owner and operator of natural gas storage assets in North America, has filed for a $402.5 million IPO. It plans to trade on the NYSE under ticker symbol NKA. No underwriters are listed. The Carlyle/Riverstone Global Power and Energy Fund acquired Niska Gas Storage in 2006 from EnCana Corp. […]
AMICAS Inc. (Nasdaq: AMCS), a Boston-based provider of image and information management solutions, said that it has received a $6.05 per share buyout offer from Merge Healthcare Inc. (Nasdaq: MRGE). This tops an existing $5.35 per share bid from private equity firm Thoma Bravo, which would have valued AMICAS at approximately $217 million. Raymond James & Associates is serving as financial advisor to AMICAS.
Lee Fensterstock has stepped down as CEO of Broadpoint Gleacher Securities Group Inc. (Nasdaq: BPSG), to "pursue other interests." He also has left the company's board of directors. Chairman Eric Gleacher has been named as successor.
ATHENS (Reuters) – Greece’s two largest carriers Aegean Airlines (AGNr.AT) and recently privatised Olympic Air have clinched an agreement to merge, officials close to the deal said on Monday. “It is very likely that an announcement will be made later today or tomorrow on the merger of the two companies,” one official close to the […]
FRANKFURT/NEW YORK (Reuters) – Private equity firm Providence Equity Partners will list German cable television operator Kabel Deutschland on a stock exchange, abandoning its plan of a billion-euro sale to a buy-out firm, three people with knowledge of the matter said. The listing will lead to a higher valuation of the company than an outright […]
NEW YORK (Reuters) – Private equity firm Quadrangle Group will no longer be managing the assets of New York City Mayor Michael Bloomberg, who is extracting his funds from the firm, two sources said on Friday. The news was earlier reported by the Wall Street Journal and New York Times, which said that Bloomberg is […]
NEW YORK (Reuters) – Private equity giant Blackstone Group (BX.N) has come to an agreement to restructure its Hilton hotels chain debt, a source familiar with the situation said on Friday. The agreement with Hilton’s lenders would cut about $4 billion of debt at the hotel firm, the source said. The news was first reported […]
LONDON/NEW YORK (Reuters) – Private equity firms Advent International and Bain Capital are working together on a bid for financial market data provider Interactive Data Corp (IDC.N), a person familiar with the matter said on Friday. Advent and Bain teamed up after Pearson-controlled Interactive Data, which said in January it is reviewing strategic options, encouraged […]