AXA Private Equity has raised more than €1 billion ($1.31 billion) to invest into infrastructure projects, such as gas networks and wind farms across Europe, a person familiar with the fundraising told sister news service Reuters.
2 min read · 01 October 2012
Two more Asia-based private equity firms have joined the fundraising bandwagon, seeking a combined $4.25 billion, sources with direct knowledge of the matter told Reuters, adding to a long list of buyout firms chasing capital in the region.
2 min read · 01 October 2012
As the Federal Reserve embarks on another round of quantitative easing, several senior portfolio managers speaking at the 18th Annual Thomson Reuters LPC Loan Conference predicted further spread tightening for leveraged loans. They also made the case that loans remain underpriced relative to high yield bonds.
3 min read · 01 October 2012
Private equity firm Advent International has agreed to buy Dutch medical supplier and pharmacy owner Mediq NV for €775 million ($1 billion) in cash, more than 50 percent above the week’s closing price on the last day of trading before the deal was announced, sister news service Reuters reported.
1 min read · 01 October 2012
The Canada Pension Plan Investment Board has agreed to pay $1.1 billion for the heating and air conditioning business of Tomkins Ltd, a British-based industrial holdings company jointly owned by CPPIB and Onex Corp.
1 min read · 01 October 2012
One of two suitors for Australia’s Billabong International Ltd has dropped out of a takeover race for the surfwear retailer, leaving private equity firm TPG Capital as the sole bidder with its offer of $700 million, sister news service Reuters reported.
2 min read · 01 October 2012
Buyout shops Advent International and Rhone Group LLC have emerged as the lead bidders for Cytec Industries Inc.’s coating resins business that could fetch around $1 billion, two people familiar with the matter told sister news service Reuters.
2 min read · 01 October 2012
Bain Capital LLC is in final discussions to buy Apex Tool Group—a joint venture between Danaher Corp. and Cooper Industries plc—for more than $1.5 billion, two people familiar with the matter told sister news service Reuters.
2 min read · 01 October 2012
Riverstone, an energy and power-focused private equity firm in New York, has announced it will invest up to $200 million in the Houston-based oil and gas exploration and production company Kerogen Energy Holdings.
2 min read · 28 September 2012
Cerberus Capital Management LP is nearing the halfway mark for its latest distressed fund, a source close to the process told Buyouts.
2 min read · 28 September 2012
