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

Trendingnow

1

Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

2

Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

3

China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation

1

Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it

2

Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI

3

China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation

M&A and IPOs

By
Dan Primack
Dan Primack
Down Arrow Button Icon
By
Dan Primack
Dan Primack
Down Arrow Button Icon
November 4, 2013, 4:35 PM ET
Add Fortune on Google for similar content.

TRI Pointe Homes Inc. (NYSE: TPH) has agreed to acquire the homebuilding and real estate subsidiary of Weyerhaeuser Co. (NYSE: WY) for approximately $2.7 billion.www.TRIPointeHomes.com

Warburg Pincus has sold its entire 33.9% stake in Transpacific Industries Group (ASX: TPI), an Australian waste management company, according to the Australian Financial Review.www.warburgpincus.com

The Carlyle Group has completed its previously-announced acquisition of Metropolitan Real Estate Equity Management, a global manager of real estate funds-of-funds with more than $2.6 billion in capital commitments. No financial terms were disclosed for the deal, which is expected to close in November. www.carlyle.com

Roche (SWX: ROG) has signed an exclusive global licensing deal with Switzerland-based Polyphor to further develop and commercialize a Polyphor antibiotic that treats certain “superbug” hospital infections. The deal could be valued at upwards of $548 million. Polyphore backers include BioMedPartners, Core Capital Partners and Novartis Venture Funds. www.roche.com

AutoGenomics Inc., a Vista, Calif.-based maker of molecular diagnostics systems, has withdrawn IPO registration. It did not provide an explanation. The company had planned to offer 6 million shares at between $9 and $11 per share, and to trade on the Nasdaq under ticker symbol AGMX. Leerink Swann was serving as lead underwriter. This is the second time that AutoGenomics has withdrawn an IPO registration. www.autogenomics.com

Twitter has increased its IPO price range from $17-$20 per share to $23-$25 per share. It still plans to offer 70 million shares, and trade on the NYSE under ticker symbol TWTR. www.twitter.com

DTLR Holding (a.k.a. Down Town Locker Room), a Hanover, Md.-based retailer of “street-inspired” footwear, apparel and accessories, has filed for a $75 million IPO. It plans to trade on the Nasdaq under ticker symbol DTLR, with Baird and Piper Jaffray serving as lead underwriters. The company reports $5 million of net income on $181 million in revenue for the year ending February 2, 2013. Shareholders include Bruckmann, Rosser, Sherrill & Co. (88.19% of common stock) and Golub Capital (6.9%). www.dtlr.com

J.G. Wentworth, a Radnor, Penn.-based buyer of deferred payments and illiquid financial assets, has set its IPO terms to 12.2 million shares being offered at between $19 and $22 per share. 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

Relypsa Inc., a Redwood City, Calif.-based developer of non-absorbed polymeric drugs, has set its IPO terms to 6.85 million shares being offered at between $16 and $19 per share. It would have an initial market cap of approximately $502 million, were it to price in the middle of its range. The pre-revenue company plans to trade on the Nasdaq, with Morgan Stanley and BoA Merrill Lynch serving as lead underwriters. Relypsa has raised over $180 million in VC funding from OrbiMed Advisors (43.3% pre-IPO stake), 5AM Ventures (22.3%), Delphi Ventures (11.8%), New Leaf Ventures (10.4%), Sprout Capital (9.7%) and Sibling Capital (5.3%). www.relypsa.com

Tandem Diabetes Care, a San Diego-based maker of medical devices for treating diabetes, has set its IPO terms to 7.14 million shares being offered at between $13 and $15 per share. It would have an initial market cap of approximately $287 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol TNDM, with BoA Merrill Lynch and Piper Jaffray serving as lead underwriters. It has raised around $88 million in VC funding from firms like Delphi Ventures (26.91% pre-IPO stake), Domain Associates (26.22%), TPG Biotechnology Partners (20.30%), HLM Venture Partners (11.43%) and Kearny Venture Partners (6.4%).www.tandemdiabetes.com

Xencor Inc.
, a Monrovia, Calif.-based developer of engineered monoclonal antibodies, has set its IPO terms to 5 million shares being offered at between $14 and $16 per share. It would have an initial market cap of approximately $325 million, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol XNCR, with Credit Suisse and Leerink Swann serving as lead underwriters. Shareholders include MedImmune Ventures (8.2% pre-IPO stake) and HealthCare Ventures (6.4%). www.xencor.com

Zulily, a Seattle-based ecommerce company focused on clothing and products for babies and children, has set its IPO terms to 11.5 million shares being offered at between $16 and $18 per share. It would have a fully-diluted market cap of approximately $2.2 billion, were it to price in the middle of its range. The company plans to trade on the Nasdaq under ticker symbol ZU, with Goldman Sachs, BoA Merrill Lynch and Citigroup serving as lead underwriters. It reports $2.4 million in net income on $272 million in revenue for the first half of 2013, compared to a $6 million net loss on $127 million in revenue for the year-earlier period. Zulily has raised nearly $140 million in VC funding from Maveron (23.6% pre-IPO stake), August Capital (7.5%) and Andreessen Horowitz (7.3%). www.zulily.com

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

 

About the Author
By Dan Primack
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

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
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
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
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Close to a million investors of the Trump memecoin lost a collective $3.8 billion, even as the president disclosed $636 million in earnings
CryptoCryptocurrency
Close to a million investors of the Trump memecoin lost a collective $3.8 billion, even as the president disclosed $636 million in earnings
By Marco Quiroz-GutierrezJuly 7, 2026
5 hours ago
The Best Berberine Supplements (2026): Everything You Need to Know
HealthDietary Supplements
The Best Berberine Supplements (2026): Everything You Need to Know
By Christina SnyderJuly 7, 2026
5 hours ago
Presidents aren’t supposed to pick winners, former White House ethics lawyer says. Trump keeps choosing Dell
PoliticsDonald Trump
Presidents aren’t supposed to pick winners, former White House ethics lawyer says. Trump keeps choosing Dell
By Mia OsmonbekovJuly 7, 2026
5 hours ago
Meet the former Goldman Sachs exec who became the America’s Cup Partnership’s first CEO and is running the 175-year-old trophy like a startup
C-SuiteSports
Meet the former Goldman Sachs exec who became the America’s Cup Partnership’s first CEO and is running the 175-year-old trophy like a startup
By Catherina GioinoJuly 7, 2026
5 hours ago
Palantir CEO Alex Karp with his arms outstretched while making a point on stage.
NewslettersEye on AI
Palantir CEO Alex Karp is wrong about the threat Anthropic and OpenAI pose to most enterprises. That doesn’t mean he doesn’t have something to lose
By Jeremy KahnJuly 7, 2026
6 hours ago
Scott Wu, in front of a blue background, sits in a gray chair and speaks to a person out of frame.
AIProductivity
Cognition CEO says tech companies got ‘carried away’ with token leaderboards and should measure employees on output instead
By Sasha RogelbergJuly 7, 2026
7 hours ago

Most Popular

Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it
Success
Ex-PepsiCo CEO Indra Nooyi worked from midnight until 5 a.m. as a receptionist to pay for her Yale degree—and she says ‘respect went up’ because of it
By Preston ForeJuly 6, 2026
1 day ago
Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI
AI
Shark Tank's Kevin O'Leary says if he were 25 today, he'd chase these two booming opportunities in the world of AI
By Marco Quiroz-GutierrezJuly 5, 2026
2 days ago
China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation
Asia
China’s birth rate just hit its lowest point since 1949—and Trip.com cofounder James Liang thinks that’s a threat to innovation
By Nicholas GordonJuly 7, 2026
18 hours ago
Current price of oil as of July 6, 2026
Personal Finance
Current price of oil as of July 6, 2026
By Joseph HostetlerJuly 6, 2026
2 days ago
The man who ran Bernie's campaign says Democrats are still making the same mistakes with Democratic Socialists, and they should laud Mamdani's win
Politics
The man who ran Bernie's campaign says Democrats are still making the same mistakes with Democratic Socialists, and they should laud Mamdani's win
By Catherina GioinoJuly 6, 2026
1 day ago
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living
Success
Even as Elon Musk calls philanthropy ‘very hard,’ everyday Americans gave a record $617 billion—despite feeling the squeeze over the cost of living
By Preston ForeJuly 4, 2026
4 days 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.