-
Sotera Health IPO: What Investors Need To Know
Thursday, November 19, 2020 - 8:26pm | 314End to end sterilization and lab testing company Sotera Health Company (NASDAQ: SHC) is hitting the public markets on Friday. The Offering: Sotera Health plans on selling 46.6 million shares at a price point of $20 to $23. The company would have a market cap of over $6 billion based on a...
-
Seth Klarman's Baupost Group Is Bullish On Energy & Communications
Monday, August 17, 2015 - 4:05pm | 461Seth Klarman’s Baupost Group is one the largest hedge funds in the world. Its equity portfolio, now worth roughly $6 billion, comprises only 32 stocks, and is mostly allocated to energy (40 percent), information technology (31 percent) and healthcare (22 percent) stocks. Over the second...
-
5 People Who Made Money Off Of The GrubHub IPO
Friday, April 4, 2014 - 3:23pm | 315Shares of Grubhub (NYSE: GRUB), an online food ordering company, jumped 43 percent on its first day of trading. So, who's making money off of it? The majority of the outstanding stock is held by investment firms, including Goldman Sachs (NYSE: GS), Warburg Pincus and Spectrum Equity Investors....
-
How To Find The Key To Mining Private Equity
Monday, February 3, 2014 - 3:31pm | 890The private equity model is one that is much more suited for individual investors than the rapid fire in and out trading that most of us seem to find attractive. Rather than looking for chart points, pivot points and breakouts that might lead to short-term moves in the market, private equity...
-
Neiman-Marcus Files For IPO, Looks to Raise Up to $100 Million
Tuesday, June 25, 2013 - 3:27pm | 340Luxury retailer Neiman-Marcus has filed for an initial public offering which could see its private equity owners raise up to $100 million. The company has returned to profitability in recent years as luxury spending has picked up, however shakiness in stock markets could be a perilous sign that...
-
Valeant Pharmaceuticals to Buy Bausch & Lomb
Tuesday, May 28, 2013 - 12:20pm | 570It’s a sign of the times in health care. If you can’t generate growth, buy it. The New York Times sounded that familiar theme in reporting the pending acquisition Monday of Rochester, N ew York-based Bausch & Lomb by Canadian drugmaker Valeant Pharmaceuticals (NYSE: VRX). J. Michael...
-
KKR Set to Acquire Capital Safety
Monday, November 28, 2011 - 1:20pm | 147Following on the heels of its deal for Samson Investment, the biggest company takeover by a private-equity firm announced this year, KKR & Co. (NYSE: KKR) reportedly is set to acquire Capital Safety, a UK- based safety harness maker. The bid could value Capital Safety at about $1.1 billion,...
-
Buyout Firms Vie for GE's Railcar Leasing Unit
Thursday, June 9, 2011 - 8:45am | 171Private-equity firms Warburg Pincus and TPG Capital are said to be cooperating on a bid for General Electric's (NYSE: GE) railcar leasing business, which has about $3 billion in assets. Private-equity firms Cerberus Capital Management and Apollo Global Management also reportedly have made bids....
-
A Peek Into The Market (C, WFC, CPB, T, IBM, YGE, STSA)
Monday, May 24, 2010 - 11:56am | 364US stocks lack direction today as investors received news of better sales of previously owned homes in April. At 10:45 am, the Dow Jones Industrial Average was down 47.39 points, or 0.46%, to 10,146. The S&P 500 was down 2.15 points, or 0.20%, to 1,085.54 while the Nasdaq was up 8.09 points, or...
-
Royal Bank of Scotland Prunes Its Suitors’ List (RBS)
Wednesday, April 14, 2010 - 6:30pm | 142Royal Bank of Scotland (NYSE: RBS) has whittled down the list of bidders for its global Merchant Services unit. The processing firm is worth approximately $4.6 billion. Royal Bank of Scotland (RBS) had received interests from 10 buyout and trade firms. The bank is expected to pare down the list to...