Private Equity
Private equity firm General Atlantic has led a $120 million investment and acquired a minority stake in Middle East real estate classifieds website Property Finder, Reuters reported.
2 min read · 26 November 2018
Private equity fund XIO is set to sell Israeli medical device and equipment company Lumenis to the UK’s CVC Capital Partners for nearly $1 billion, Israeli financial news websites reported on Wednesday.
1 min read · 21 November 2018
Amazon.com Inc and private equity firm Blackstone Group are bidding for Walt Disney Co’s 22 regional sports networks, including New York-focused Yes Network, CNBC reported on Tuesday, citing sources familiar with the matter.
2 min read · 21 November 2018
Apollo Global Management LLC (APO.N) and billionaire co-founder Leon Black said on Monday they have uncovered proof that a former executive suing them for $1.5 billion stole confidential information as he prepared to bolt the private equity firm and compete with it, Reuters reported.
2 min read · 20 November 2018
Warburg Pincus LLC is looking to raise its second China-focused private equity fund of up to $4 billion, giving the U.S. investment firm more firepower to cut deals in the world’s second-largest economy, sources told Reuters.
2 min read · 20 November 2018
Global private equity group KKR & Co (KKR.N) is expanding its presence in Asia’s infrastructure sector with new hires and is looking at launching a new fund as project spending in the region picks up, Reuters reported.
2 min read · 20 November 2018
Warburg Pincus LLC is seeking to raise $2.5 billion for its second energy-focused private equity fund, four years after its first $4 billion such fund, sources told Reuters.
2 min read · 19 November 2018
Hong Kong-based investment firm PAG on Monday said it has closed its third Asia-focused buyout fund with $6 billion in committed capital, and expects to begin investing from the PAG Asia III as soon as this year.
2 min read · 19 November 2018
QEP Resources Inc said on Monday it will sell its oil and gas assets in the Haynesville-Cotton Valley in northwest Louisiana to Aethon Energy Management LLC for $735 million, as it plans to become a pure-play Permian operator.
1 min read · 19 November 2018
Industrial equipment maker Colfax Corp (CFX.N) said on Monday it would acquire DJO Global Inc from Blackstone Group (BX.N) for $3.15 billion in cash, as it diversifies into selling medical products such as shoulder implants and knee braces.
1 min read · 19 November 2018