Australian surfwear company Billabong International said it had opened its books to suitor TPG Capital, some four weeks after it first said it would do so.
1 min read · 28 August 2012
Best Buy Co. Inc. agreed to open its books to founder and former chairman Richard Schulze to allow him to firm up a potential $8.8 billion buyout bid for the struggling U.S. consumer electronics retailer.
3 min read · 28 August 2012
Chemicals maker TPC Group Inc. has agreed to be taken private for $627.2 million by private equity firms First Reserve Corp. and SK Capital Partners as prices for its main product, used to make tires, remain depressed.
2 min read · 28 August 2012
Hospital operator Kindred Healthcare Inc. will buy privately held IntegraCare Holdings Inc. for $71 million in cash to expand its home health and hospice business in Texas.
1 min read · 28 August 2012
Debt collector Performant Financial Corp.’s shares rose more than 15 percent in their market debut, a day after the company scaled back its initial public offering.
1 min read · 28 August 2012
Hertz Global Holdings, the No. 2. U.S. car rental company, said it will buy smaller rival Dollar Thrifty Automotive Group for about $2.3 billion, ending more than two years of an on-off takeover battle.
1 min read · 28 August 2012
Global buyout fund KKR & Co LP is in early stage discussions to launch a debt fund to invest in India that could raise $750 million to $1 billion, sources with direct knowledge of the matter told Reuters.
2 min read · 28 August 2012
(Reuters) - Faced with growing obligations and shrinking returns, many of the largest U.S. public pensions have raised their exposure to alternative investments to record levels this year, despite ongoing criticism of the risks and costs.
4 min read · 28 August 2012
Cable-box repair company Contec Holdings Ltd, a business owned by private equity firm Bain Capital, is preparing to file for bankruptcy this week, the Wall Street Journal reported, citing people familiar with the matter.
1 min read · 28 August 2012
NEW YORK - Enterprise software maker Deltek Inc will be bought by private equity firm Thoma Bravo LLC in an all-cash deal valued at $1.1 billion, Deltek said on Monday.
1 min read · 27 August 2012