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UPDATE 1-Kraton to buy privately held Arizona Chemical for $1.37 bln

2015-09-29 07:46:19| Chemicals - Topix.net

Kraton Performance Polymers Inc, a producer of rubber used in adhesives, coatings and personal care products, said it would buy privately held specialty chemicals producer Arizona Chemical Holdings Corp for $1.37 billion in cash. The deal is expected to add about $1.40 per share in profit in the first year of combined operations, Kraton said.

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Square privately files for IPO - report

2015-07-27 09:15:00| Telecompaper Headlines

(Telecompaper) Mobile payments specialist Square has filed confidentially for an initial public offering (IPO), Bloomberg reported, citing people with knowledge of the matter said. Square has been working with Goldman Sachs, Morgan Stanley and JPMorgan Chase on the IPO, said the people, who asked not to be identified because the process is private. The company and banks involved declined to comment. Under the Jumpstart Our Business Startups Act, companies with less than USD 1 billion in revenue can privately file for an IPO with the US Securities and Exchange Commission.

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Tory Burch sitting pretty - and privately - on $3.5B company

2015-02-03 02:21:11| Apparel - Topix.net

Tory Burch has good reason to kick up her heels, or make that her famous Reva ballerina flats, these days. Her New York-based fashion empire is now worth $3.5 billion, according to a report in Women's Wear Daily today that cites the new figure based on a recent round of share swaps that allowed the private company's early investors to cash out and gain access to some enviable returns.

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Merck Acquires OncoEthix, a Privately Held Oncology Company Developing Novel BET Inhibitors for Hematological and Solid Cancers

2014-12-18 13:30:00| Merck.com - Corporate News

Dateline City: KENILWORTH, N.J. Acquisition Expands Mercks Oncology Portfolio with Novel Oral BET Inhibitor, OTX015 KENILWORTH, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, announced today that it has acquired, through a subsidiary, OncoEthix, a Swiss-based privately held biotechnology company specializing in oncology drug development. Through the acquisition, Merck has gained an investigational, novel oral BET (bromodomain) inhibitor, OTX015, which is currently in Phase 1b studies for the treatment of hematological malignancies and advanced solid tumors. Language: English Contact: MerckMedia:Pamela Eisele, 267-305-3558Claire Mulhearn, 908-236-1118orInvestors:Joseph Romanelli, 908-740-1986Justin Holko, 908-740-1879 Ticker Slug: Ticker: MRK Exchange: NYSE read more

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Spotlight on NY's largest privately held companies

2014-11-16 08:06:14| IT Services - Topix.net

Michael Bloomberg's return this fall to run Bloomberg LP, the financial data and media firm he founded in 1981 was unexpected but not exactly shocking. After 12 years at City Hall, the former mayor was clearly not content to spend his remaining years on the golf course.

Tags: held companies largest spotlight

 

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