• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

M&A and IPOs

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
October 7, 2013, 1:53 PM ET

Time Warner Cable (NYSE: TWC) has agreed to acquire DukeNet Communications, a Charlotte, N.C.-based fiber optic network provider, for $600 million from Alinda Capital Partners and Duke Energy Corp. (NYSE: DUK). www.dukenet.com

Finmeccanica SpA and First Reserve Corp. have agreed to sell Italian power equipment companyAnsaldo Energia to Fondo Strategico Italiano, an Italian state-run fund, for approximately €1 billion.www.ansaldoenergia.com

Staples Inc. (Nasdaq: SPLS) has acquired Runa, a Mountain View, Calif.-based provider of online shopping personalization software. No financial terms were disclosed. Runa had raised over $10 million in VC funding from Merus Capital and Sierra Ventures. www.runa.com

Societe Generale has acquired an additional 10% stake in its Russia-based Rosbank unit from VTB Bank, raising its overall holdings to 92.4%. No financial terms were disclosed, except that VTB will receive shares in certain Russian companies and Russian real estate assets.

Abengoa, a Seville, Spain-based engineering and cleantech company, has filed for a $621 million IPO. The company plans to list on the NYSE under ticker symbol ABGB, and already trades on the Madrid and Barcelona stock exchanges. It reports €3.4 billion in first half 2013 revenue. Citigroup and HSBC are serving as lead underwriters. Shareholders include Inversión Corporativa and First Reserve Corp.www.abengoa.es

GlycoMimetics, a Gaithersburg, Md.-based developer of glycobiology-based therapies, has filed for an $86.25 million IPO. It plans to trade on the Nasdaq under ticker symbol GLYC, with Jefferies and Barclays serving as lead underwriters. The company has raised over $60 million in VC funding from firms like New Enterprise Associates (75.2% pre-IPO stake), Genzyme Ventures (11.6%), The Novartis Venture Fund, Anthem Capital and Alliance Technology Ventures. www.glycomimetics.com

J.G. Wentworth, a Radnor, Penn.-based buyer of deferred payments and illiquid financial assets, has filed for a $200 million IPO. It plans to trade on the NYSE under ticker symbol JGW, with Barclays and Credit Suisse serving as lead underwriters. The company reports $128 million in net income on around $484 million in revenue for the 12 months ending June 30, 2013. J.G. Wentworth is owned by JLL Partners. www.jgwentworth.com

Karyopharm Therapeutics, a Natick, MA-based developer of drugs directed against nuclear transport targets for the treatment of cancer and other major diseases, has filed for an $80 million IPO. It plans to trade on the Nasdaq under ticker symbol KPTI, with BoA Merrill Lynch and Leerink Swann serving as lead underwriters. The company has raised over $70 million in VC funding from firms like Foresite Capital (9.42% pre-IPO stake), Delphi Ventures (8.17%) and New Leaf Venture Partners.www.karyopharm.com

Mavenir Systems, a Richardson, Texas-based provider of mobile infrastructure solutions for LTE operators, has filed for an $86.25 million IPO. It plans to trade on the NYSE under ticker symbol MVNR, with Morgan Stanley, BoA Merrill Lynch and Deutsche Bank serving as lead underwriters. The company reports an $8 million net loss on $48 million in revenue for the first half of 2013, compared to a $5.65 million net loss on $40 million in revenue for the year-earlier period. It has raised around $105 million in VC funding, from firms like North Bridge Venture Partners (24.5% pre-IPO stake), Austin Ventures (23.1%), Alloy Ventures (17.1%), August Capital (16.3%), Cisco Systems (10.9%), Cross Creek Capital and Greenspring Associates. www.mavenir.com

Sisal SpA, an Italian betting, lottery and online gaming group, has retained UBS and Deutsche Bank to explore a public float as early as this year, according to the FT. Shareholders include private equity firms Apax Partners, Clessidra and Permira. www.sisal.it

Tecogen Inc., a Waltham, Mass.-based maker of combined heat and power products, has withdrawn its IPO registration due to “unfavorable market conditions.” The company had planned to price 3 million shares at between $5.50 and $7.50 per share with Northland Capital Markets and Scarsdale Equities serving as co-lead underwriters. www.tecogen.com

Sign up for Dan Primack’s daily email newsletter on deals and deal-makers: GetTermSheet.com

About the Author
By Dan Primack
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

clinton
Commentarydisruption
I was a government official in the 1990s and watched the economy get turned upside-down. It’s happening again
By Maria FlynnApril 15, 2026
20 minutes ago
dees
CommentaryNational Security
A retired general’s warning: America can’t fight the AI arms race on tech it doesn’t control
By Robert F. DeesApril 15, 2026
20 minutes ago
Silicon Valley has no monopoly on AI brain power. That’s why Demis Hassabis is very happy to stay in London
EuropeLetter from London
Silicon Valley has no monopoly on AI brain power. That’s why Demis Hassabis is very happy to stay in London
By Kamal AhmedApril 15, 2026
40 minutes ago
Members of the public pose for photographs beside the Charging Bull, sometimes referred to as the Bull of Wall Street or the Bowling Green Bull on Broadway on April 14, 2025 in New York City.
EconomyWall Street
Markets haven’t rallied this fast since COVID—Iran volatility is just another ‘notch on the belt’ of investors, says J.P. Morgan strategist
By Eleanor PringleApril 15, 2026
1 hour ago
Gavin Newsom stands behind a podium with a piece of paper in his hands as people celebrate around him.
Economycompensation
Economists warned California not to raise the minimum wage to $20. They were wrong in almost every way so far, another economist says
By Sasha RogelbergApril 15, 2026
1 hour ago
fudd
CommentarySports
Azzi Fudd: how I learned to use NIL for transformation, not just transactions
By Azzi FuddApril 15, 2026
1 hour ago

Most Popular

Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
Success
Billionaire philanthropist MacKenzie Scott has donated again—a week after gifting millions to a college, she's just given $70 million to Meals on Wheels America
By Fortune EditorsApril 13, 2026
2 days ago
Retirees are facing a $345,000 bill they never saw coming — and most aren't prepared
Commentary
Retirees are facing a $345,000 bill they never saw coming — and most aren't prepared
By Fortune EditorsApril 14, 2026
1 day ago
He was coding at 12 like Elon Musk and became one of Google’s youngest-ever CMOs—but now says Gen Z is better off ice skating than learning to code
Success
He was coding at 12 like Elon Musk and became one of Google’s youngest-ever CMOs—but now says Gen Z is better off ice skating than learning to code
By Fortune EditorsApril 14, 2026
1 day ago
Anthropic is facing a wave of user backlash over reports of performance issues with its Claude AI chatbot
AI
Anthropic is facing a wave of user backlash over reports of performance issues with its Claude AI chatbot
By Fortune EditorsApril 14, 2026
1 day ago
Palantir CEO says working at his $316 billion software company is better than a degree from Harvard or Yale: ‘No one cares about the other stuff’
Success
Palantir CEO says working at his $316 billion software company is better than a degree from Harvard or Yale: ‘No one cares about the other stuff’
By Fortune EditorsApril 14, 2026
24 hours ago
Current price of oil as of April 14, 2026
Personal Finance
Current price of oil as of April 14, 2026
By Fortune EditorsApril 14, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.