CFCOU News

CF Corporation, a blank check company formed by executives from Blackstone and FNF, raised $600 million by offering 60 million shares at $10, as expected. CF Corporation plans to list on the Nasdaq under the symbol CFCOU. Citi, BofA Merrill Lynch and Credit Suisse acted as lead managers on the deal.  Anchor investors have committed to investing $510 million on the...read more

There are four companies set to debut in the week ahead, but only one company with substantial revenue and profit - small-cap Argentinian bank Grupo Supervielle (SUPV). Three additional deals launched and are set to price in May including the second-largest food distributor US Foods (USFD), set to raise $1 billion. If all deals on the calendar...read more

After Bats Global Markets (BATS) successful IPO last week (+21% first day), three more large, revenue producing companies raised $1.3 billion this week, more than doubling this year’s proceeds. Following Bats's lead, MGM Growth Properties and American Renal Associates also priced above the midpoint and traded up on their debuts, marking...read more

CF Corporation, a blank check company formed by executives from Blackstone and FNF, filed for an initial public offering on Thursday. The New York, NY-based company plans to raise $600 million by offering 60 million units at a price of $10. Its proposed $600 million deal size would make it the largest blank check IPO since January 2008, and anchor investors have committed to...read more