JPMorgan Chase has agreed to acquire Xign Corp., a Pleasanton, Calif.
Airvana Inc., a Chelmsford, Mass.-based provider of network infrastructure products used by wireless carriers to provide mobile broadband services, has filed for a $75 million IPO. It plans to trade on the Nasdaq under ticker symbol AIRV, with Morgan Stanley and Lehman Brothers serving as co-lead underwriters. Airvana raised around $81 million in total VC […]
AMC Entertainment Inc., a Kansas City-based movie theater chain, has set its proposed IPO terms to around 39.47 million shares to be offered at between $18 and $20 per share. It plans to trade on the NYSE under ticker symbol AC, with Goldman Sachs serving as lead underwriter. Shareholders include JPMorgan Partners (20.78%), Apollo Management […]
Sirtris Pharmaceuticals Inc., a Cambridge, Mass.-based developer of therapeutics that modulate an enzyme family called sirtuins, has set its proposed IPO terms to 5 million common shares being offered at between $9 and $11 per share. It plans to trade on the Nasdaq under ticker symbol SIRT, with JPMorgan serving as lead underwriter. Sirtris has […]
GANYMED Pharmaceuticals AG, a Mainz, Germany-based developer of cancer antibodies, has raised EUR 33.7 million in Series C funding. VI Partners led the deal, and was joined by Future Capital, Ingro Finanz, Landesbank Baden-W
Qatar Capital Partners has launched as a venture capital firm focused opportunities in Qatar. It currently has two funds: Technology Venture Fund, a $100 million early-stage vehicle; and New Enterprise Fund, a $30 million seed-stage vehicle. The firm was formed via a partnership between Qatar National Bank, Oxford Capital Partners and Ansbacher. www.qatarcapitalpartners.com
Coller Capital has closed its fifth secondaries fund with $4.5 billion in capital commitments. It is the largest secondaries fund ever raised.
Stallion Oilfield Services Inc., a Houston, Texas-based provider of well-site support, construction and logistics services to oil exploration and production companies, has filed for a $400 million IPO. It had filed for a $287.5 million IPO in early 2006, but later withdrew in order to “be consistent with the public interest and the protection of […]
The Blackstone Group has agreed to sell Extended Stay Hotels to the Lightstone Group for $8 billion. Blackstone will retain a 10% stake in Extended Stay, which it acquired in 2004 for approximately $3.13 billion (including $1.13 billion in assumed debt). www.blackstone.com www.lightstonegroup.com www.extendedstay.com
Admiralty Partners and Hastings Equity Partners have sold submarine cable manufacturer Seacon Phoenix Inc. for $38 million to Amtek Inc. (NYSE: AME).