Advent is preparing to return German perfume chain Douglas to the stock market as a way of offloading its stake in the group, two sources with knowledge of the matter told Reuters.
1 min read · 24 February 2015
Onex Corp is looking to sell Sitel Worldwide Corp in a deal that could value one of the world’s largest call center operators at close to $1 billion, including debt, people familiar with the matter told Reuters.
1 min read · 24 February 2015
Baring Private Equity Asia said on Tuesday it had raised $3.99 billion for its sixth Asia fund, the second-largest private equity funding ever for investments into the region as sovereign wealth funds and other investors flock to growth opportunities in Asia, Reuters reported.
1 min read · 24 February 2015
Earning $7 on the dollar is any investor’s dream. Buyout group Apollo has shown with its investment in oil exploration and production company Athlon Energy that such reveries can become reality.
3 min read · 24 February 2015
Canadian private equity firm Onex Corp is looking to sell Sitel Worldwide Corp in a deal that could value one of the world's largest call center operators at close to US$1 billion, including debt, people familiar with the matter told Reuters. Onex took the Nashville, Tennessee-based company private in 2007 for US$450 million, including debt.
2 min read · 24 February 2015
The following bids, mergers, acquisitions and disposals were reported by Reuters as of 2115 GMT on Monday, Feb. 23.
4 min read · 24 February 2015
The Peace Naturals Project Inc, a Stayner, Ontario-based company licensed to produce and sell medical marijuana, has agreed to acquire MedCannAccess, which operates in the same sector. The financial terms of the deal, which is expected to close in the second quarter, were not released. Peace Naturals is a portfolio company of PharmaCan Capital Corp, a merchant bank focused on investing in Canada’s medical marijuana industry.
2 min read · 23 February 2015
German holding company Primondo is looking to sell mail-order group TriStyle and plans to approach private equity groups with an interest in fashion, such as Permira, two people with knowledge of the offering told Reuters.
1 min read · 23 February 2015
Private equity firm Warburg Pincus LLC hired Andrew Higginson as a senior adviser, primarily focusing on new investments in the European consumer and retail sectors.
1 min read · 23 February 2015
Investment management firm 3i Group Plc hired Christoph Rinnert, Michael Bernard and Rutger Vos as advisers in its private equity business in Europe and North America.
1 min read · 23 February 2015
