IACG News

For the fifth consecutive week, at least one US IPO gained 30%, as Gigamon (GIMO) climbed nearly 50%. The week's most prominent IPO, Coty (COTY), faltered though, and the third scheduled deal, Aratana Therapeutics (PETX) was delayed. Nine more IPOs, including a billion dollar offering from the industrial distributor HD Supply (HDS), were packed onto the ...read more

International Automotive Components Group, a global auto components supplier, filed on Friday with the SEC to raise up to $115 million in an initial public offering. The Southfield, MI-based company, which was founded in 2006 and booked $4.7 billion in sales for the 12 months ended March 31, 2013, plans to list on the NYSE under the symbol IACG. BofA Merrill Lynch, Deutsche Bank...read more