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Procera acquired by private equity fund for USD 240 mln
2015-04-22 13:46:00| Telecompaper Headlines
(Telecompaper) Subscriber experience specialist Procera Networks has been acquired by Francisco Partners Management for USD 240 million in cash. Under the terms of the definitive agreement, Francisco Partners will start a tender offer by 5 May to acquire all of Procera's outstanding shares for USD 11.50 per share in cash. Procera's board of directors has approved the transaction. Procera CEO James Brear said that deal will give it the resources and financial expertise needed to reach its next level of growth and to strengthen its competitive market position. Procera also announced preliminary results for the first quarter, saying it expects revenues at USD 19.5-20.5 million and a net operating loss. The company's full year guidance remains the same.
Baring Private Equity Asia nears 40 percent buy of cereal maker Weetabix - Bloomberg
2015-04-20 19:22:39| Agriculture - Topix.net
Baring Private Equity Asia is nearing deal to buy 40 percent of Weetabix Ltd, the UK's second-largest branded manufacturer of cereals and cereal bars, Bloomberg reported on Monday, citing people with knowledge of the matter. The deal is expected to value Weetabix, whose brands include Alpen, Ready brek, Weetos, Oatibix and Alpen cereal bars, at about 1.28 billion pounds , the news service said.
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Cirque du Soleil sells majority stake to private equity
2015-04-20 19:09:39| Apparel - Topix.net
The Cirque du Soleil has signed a deal to sell a majority stake to U.S. private equity firm TPG for an undisclosed price, the world-renowned circus troupe announced Monday. Billionaire Cirque founder Guy Laliberte will maintain a stake in the business and continue to provide strategic and creative input to the company.
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Replanting Requirements for Tree Removal on Private Property, City-Owned and Managed Sites and Public Rights-of-Way
2015-04-18 01:38:31| PortlandOnline
ARB-PRK-2.04
Tags: sites
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PRK-2.04 - Interim Rule - Replanting Requirements for Tree Removal on Private Property, City-Owned and Managed Sites and Public Rights-of-Way
2015-04-18 00:26:32| PortlandOnline
ARB-PRK-2.04
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sites
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