Sequoia-backed Indian anti-virus software firm files for IPO: Reuters

Indian anti-virus software maker Quick Heal Technologies Ltd, which is backed by Sequoia Capital, filed a prospectus for a stock listing with the domestic market regulator on Wednesday. The IPO will involve the sale of new shares worth up to 2.5 billion rupees ($38.03 million) and 6.8 million shares currently held by promoters including Indian units of Sequoia Capital and company founders, Quick Heal said in a statement. Sequoia, which currently holds more than 10 percent stake in Quick Heal, is looking to sell about 4.6 percent of its stake, according to a source familiar with the matter. ICICI Securities, Jefferies and JP Morgan will be the underwriters, according to Quick Heal.

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Sequoia-backed Indian anti-virus software firm files for IPO: Reuters

Apax returns to market for $7.5 bln global fund, say sources: Reuters

London-based private equity firm Apax is seeking $7.5 billion from investors for its latest fund, two sources familiar with the matter said on Monday, one of at least four major European buyout houses to launch fundraising drives in the coming months. Apax will begin raising capital for its ninth global fund later this year, the sources said, following a busy year of exits for the firm, including the sale of UK retailer New Look. Apax declined to comment.

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Apax returns to market for $7.5 bln global fund, say sources: Reuters