NEW YORK - Trading firm Virtu Financial Inc, which posted only one day of trading losses over the five years ended 2013, plans to raise up to $100 million in an initial public offering, the company said in a regulatory filing on Monday.
NEW YORK - Chobani, the Greek yogurt maker that has grown into a U.S. sensation, is looking to sell a minority stake in a deal that could value the company at around $2.5 billion, people familiar with the matter said.
- Mediterranean style restaurant chain Zoe's Kitchen filed with U.S. regulators to raise up to $80.5 million in an initial public offering.
MILAN - UniCredit , Italy's largest bank by assets, is set to unveil plans to raise 2 billion euros ($2.8 billion) on the bond market to boost its capital and offset an expected sharp increase in writedowns on bad loans in the last quarter of 2013.
- Private equity group Permira is looking to float Japanese agricultural chemicals company Arysta LifeScience on the New York Stock Exchange, the Financial Times reported quoting people familiar with the situation.
DUBAI - Fawaz Abdulaziz Alhokair Co. , the Saudi retailer which franchises brands such as Zara and Marks and Spencer in the kingdom, is studying 3-5 acquisition targets in the United States and United Kingdom, a company official said on Monday.
MILAN - The top investor in Italy's No.3 bank by asset, Monte dei Paschi di Siena , has sold shares worth 40.6 million euros ($56.35 million) on the market, equivalent to 1.6 percent of the bank's market capitalization, regulatory filings showed.
BUDAPEST - Hungary's government agreed to sell its majority stake in savings bank Takarekbank on Monday to a local investment firm for 9 billion forints ($39.9 million).
NEW YORK - Private equity firm Warburg Pincus is looking to sell education software maker iParadigms and has tapped Evercore Partners Inc to assist with the effort, people familiar with the matter said on Monday.
NEW YORK - Pizza chain Sbarro LLC has filed for bankruptcy protection for the second time in three years after struggling with too much debt and fewer customers in malls that house many of its restaurants.
Regardless what voters decide in the November elections, there will be a major changing of the guard next year in the U.S. Congress as result of a number of key retirements.