Home ยป Regions
IVC POST | David Lee Updated: Jan 24, 2013 03:41 PM EST
Tags : Bright Horizons Family Solutions, Bain Capital, IPO, NYSE
Bright Horizons Family Solutions, the Bain Capital-backed child care and early education provider, makes its debut on the New York Stock Exchange.
Its IPO is expected to fetch as much as $212 million as private equity funds look to cash in on investments they made before the financial crisis. The private equity firm will retain an 80 percent stake in the company after the IPO.
The company expects to price its 10.1 million shares at between $19 and $21 each. At the high end of the range, the company is valued at around $1.32 billion.
Like Us on Facebook
Advertisement
According to findings by the NY Atty General's office, banks have violated the servicing standards agreement for foreclosures agreed upon last year.
Peru's president said he would be implementing a new set of reforms designed to boost investments in the country.
China's Premier Li Keqiang has criticized the move of EU to investigate alleged anticompetitive activities of two Chinese firms in Europe.
Many buyout firms and manufacturing companies are eyeing the sale of Panasonic's healthcare unit.
SIGN UP FOR OUR DEAL OF THE DAY NEWSLETTER
Egypt set to return the taxes collected from the QNB acquisition of NSGB.
Bluefly's treasury shares as well as shares held by stockholders were purchased by Clearlake Capital.
Mando China Holdings Halts IPO trading in the Hong Kong Stock Exchange citing 'adverse market conditions' and 'significant market volatility'.
Hulu again engages the services of Guggenheim Partners for the possible sale of the online video streaming service site.
ING is now divesting assets and undertaking cost cutting measures in order to comply with bailout requirements.
General Electric Co. is planning to spin off parts of GE Capital through an initial public offering as it pursues its aim to cut the size of the business, Jeffrey Immelt, company's chief executive, said.
HSBC will cut back costs and sell off minority assets under the three year restructuring plan of CEO Stuart Gulliver.
Advertisement
© 2013 IVCPOST. All Rights Reserved.
