ServiceNow expects IPO to price at $15-$17 a share

Business software company ServiceNow to price IPO at $15-$17 per share, looks to raise $151MNEW YORK (AP) -- Business software company ServiceNow Inc. expects is initial public offering of stock to price from $15 to $17 per share, for proceeds of about $151.1 million based on the midpoint of the range.The company filed its IPO information with the Securities and Exchange Commission on Tuesday.ServiceNow...

Facebook Backer Thiel Starts Growth-Stage Venture Firm

Mithril Capital Management LLC, based in San Francisco, hasraised $402 million to invest in growth-stage companies that aretransitioning from small startups into larger businesses, Ajay Royan, managing general partner, said in an interview.Thiel, 44, made his initial fortune as a co-founder ofonline payments pioneer PayPal Inc. before starting hedge fund. Mithril plans to make smallerinvestments than...

Kansai Nerolac to buy 68% stake in Nepalese paint maker

Kansai Nerolac Paints today said it is in final stages of buying a majority stake in a Nepal-based paint company at an investment of Rs 7.55...

ServiceNow Plans to Raise Up to $198.1 Million in Initial Offer

ServiceNow Inc., the maker of cloud-based software that helps companies manage information-technology systems, plans to raise as much as $198.1 million inits U.S. initial public offering.The San Diego-based company plans sell 11.65 million sharesat $15 to $17 each, according to a regulatory filing today.ServiceNow’s sovereign-debt crisisand a global economic slowdown have damped IPOs around the worldin...