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Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

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Current price of oil as of June 8, 2026

1

Trump, who has repeatedly called climate change fake, is now threatening Brazil with tariffs over the deforestation of the Amazon

2

Pentagon accuses Alibaba, Baidu and BYD, three of China's biggest companies, of supporting the Chinese military

3

Current price of oil as of June 8, 2026

M&A and IPOs

By
Dan Primack
Dan Primack
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By
Dan Primack
Dan Primack
Down Arrow Button Icon
October 3, 2013, 3:35 PM ET

Goldman Sachs has agreed to acquire a 19% stake in Danish utility Dong Energy AS, for approximately $1.46 billion. www.dongenergy.com

ICG Group Inc. (Nasdaq: ICGE) has agreed to sell Procurian Inc., a provider of procurement solutions, to Accenture PLC (NYSE: CAN) for $375 million in cash.

Google (Nasdaq: GOOG) has acquired Flutter, a gesture recognition startup that was based by Y Combinator. No financial terms were disclosed, although TechCrunch reports the price was “around $40 million.” www.flutter.io

Platte River Equity has sold Global X-Ray & Testing Corp., a Morgan City, La.-based provider of non-destructive testing and mechanical integrity services to the offshore oil and gas markets, to Intertek Group (LSE: ITRK) for $72 million.  www.intertek.com

Arc Logistics Partners LP, an energy logistics group sponsored by Lightfoot Capital, has filed for a $100 million IPO. It plans to trade on the NYSE under ticker symbol ARCX, with Citigroup and Barclays serving as lead underwriters.

Potbelly Corp., a Chicago-based sandwich chain, has increased its IPO price range from $9-$11 per share to $12-$13 per share. It still plans to offer 7.5 million shares, and trade on the Nasdaq under ticker symbol PBPB. BoA Merrill Lynch and Goldman Sachs serving as lead underwriters. It reports $2.8 million of net income on $147 million in revenue for the 26 weeks ending June 30. Shareholders include Maveron Equity (28.2% pre-IPO stake), American Securities (12.9%), Oak Investment Partners (12.2%), Oxford Capital Group (7.9%) and Benchmark (7.7%). www.potbelly.com

Veeva Systems, a Pleasanton, Calif.-based provider of CRM and content management solutions for the biotech, pharma and animal health markets, has set its IPO terms to nearly 13.05 million shares being offered at between $12 and $14 per share. It plans to trade on the NYSE under ticker symbol VEEV, with Morgan Stanley and Deutsche Bank serving as lead underwriters. The company reports nearly $19 million in net income on $129.5 million in revenue for the year ending Jan. 31, 2013, compared to $4 million of net income on $61 million in revenue for the year-earlier period. Shareholders include Emergence Capital Partners (31.1% ownership stake). www.veeva.com

Western Refining Logistics LP, an El Paso, Texas-based owner and operator of midstream energy assets, has set its IPO terms to 12.5 million shares being offered at between $19 and $21 per share. It would have an initial market cap of approximately $912 million, were it to price in the middle of its range. The company plans to trade on the NYSE under ticker symbol WNRL, with BoA Merrill Lynch and Barclays serving as lead underwriters. It is being spun out by Western Refining Inc. (NYSE: WNR).www.wnr.com

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