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Blackstone, Wellspring to make about 2.5x with Peformance Foods IPO

2015-10-02 21:16:08| Food - Topix.net

The Blackstone Group and Wellspring Capital Management LLC stand to more than double their money with the IPO of Performance Food Group Co. Shares of Performance Food dropped below their $19 IPO price Thursday but surged back.

Tags: make foods ipo blackstone

 

Albertsons plans to raise $1.5 billion in grocery chain's IPO

2015-10-02 17:31:30| Grocery - Topix.net

Cerberus acquired grocer Safeway Inc. and merged it with Albertsons. Now it will offer an IPO for the grocery chain.

Tags: plans grocery raise billion

 
 

IPO Preview: Performance Food Group

2015-10-01 09:31:37| Food - Topix.net

The third-largest player by revenue in the growing $240 billion U.S. foodservice distribution industry, which supplies the diverse $640 billion U.S. "food-away-from-home" industry. The company's 12% top line revenue growth rate, while Sysco's is 5.6%.

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An Appetizing IPO For Performance Food Group

2015-09-30 07:25:44| Food - Topix.net

The firm is set to price its IPO on Wednesday, September 20, at 9.30 am; its large underwriting team includes Barclays, Credit Suisse, Blackstone, Morgan Stanley, Wells Fargo and more. Given solid top and bottom line growth and the company's leading industry position, we see both the IPO and IPO quiet period expiration as strong potential opportunities to buy in.

Tags: group food performance ipo

 

Bloomberg: Ethernet chipmaker Aquantia planning IPO

2015-09-30 02:21:17| Semiconductors - Topix.net

Bloomberg reports Aquantia, a top provider of transceivers for running 10G Ethernet over copper wire , is planning to go public. Aquantia was founded in 2004 and has raised over $200M since.

Tags: planning ethernet ipo bloomberg

 

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