DealZone

Deals wrap: Dunkin’ Brands IPO prices above range

July 27, 2011

There appears to be a strong demand for this week’s biggest deal. Dunkin’ Brands, the provider of sweet treats and coffee raised $422.75 million after pricing its IPO at $19 per share, well above the range set by underwriters. This gives the parent of the Dunkin’ Donuts and Baskin Robbins chains a market value of just over $2.4 billion.

This slideshow in PEHUB shows who Dunkin’ Brands’ top shareholders are.

Sources say private equity firms Centerbridge Partners and BC Partners are pursuing Caterpillar’s logistics unit, a sale that could fetch more than $1 billion. In a Reuters exclusive, several people familiar with the matter said “two or three parties remain in the auction as the bidding process for Caterpillar’s third-party logistics business has reached the final round.”

In a letter addressed to investors, billionaire hedge fund manager George Soros announced he was returning all capital to outsiders and ending his four-decade long career. The letter also stated chief investment officer Keith Anderson would also be leaving the firm. This piece in Deal Journal examines the reasons behind Anderson’s departure.

 

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