CPI International, the telecommunications equipment maker, said Friday that it would be acquired by Veritas Capital, the New York private equity firm, for $525 million. Veritas is paying $19.50 a share of CPI, the parent company of Communications and Power Industries, a maker of microwave, radio frequency and power equipment that has applications in defense, [...]
Waning investor interest in clean energy contrasted sharply with enthusiasm for coal on Thursday as shares in Enel Green Power fell on their debut while Coal India’s soared, Reuters reported. Enel Green Power, which generates clean energy from hydro and geothermal to wind and solar and is Europe’s biggest listing since 2008, dropped over 4 [...]
Investors say the initial public offering of Enel’s green power business would be attractive as a long-term investment only if priced at the lower end of the range, Reuters reported. Enel is seeking to raise up to 3.4 billion euros ($4.7 billion) with the partial sale of Enel Green Power, which would make it the [...]
In what will be the largest European initial public offering of the year, Enel, the indebted Italian energy producer, said Friday that it had set the price range for the I.P.O. of its Green Power arm at between 1.80 euros and 2.10 euros per share, valuing the unit at up to 10.5 billion euros. Piero [...]
In what will be the largest European initial public offering of the year, Enel, the indebted Italian energy producer, said Friday that it had set the price range for the I.P.O. of its Green Power arm at between 1.80 euros and 2.10 euros per share, valuing the unit at up to 10.5 billion euros. Piero [...]
FNC’s Glenn Beck argues political and economic power is becoming more global and should be given to the states.
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