Private Equity
Macquarie Group Ltd (MQG.AX) said on Friday its banking arm proposed to return up to A$2.04 billion ($1.47 billion) in capital to its parent, Australia’s biggest investment bank.
1 min read · 02 November 2018
Australia’s MYOB Group said it will grant due diligence to KKR & Co after the U.S. buyout giant sweetened its offer to take full control of the accounting software provider firm to A$1.8 billion ($1.3 billion).
2 min read · 02 November 2018
Deutsche Private Equity (DPE) said on Wednesday it is considering selling its 36 percent stake in First Sensor AG (SISG.DE), which makes electronic sensors used in the industrial, medical and automotive sectors.
2 min read · 01 November 2018
Lonza said on Thursday it has struck a deal to sell its water care business to U.S. investment company Platinum Equity for $630 million.
1 min read · 01 November 2018
Private equity firm Cerberus Capital Management LP said on Thursday it has agreed to buy SGI Frontier Capital Pte Ltd, giving it a foothold to invest in frontier markets in Asia and Africa, Reuters reported.
2 min read · 01 November 2018
Deliv Inc, an Uber-like startup that uses a fleet of contract drivers to pick up online orders from stores and malls for a fee, said it has raised $40 million in a new round of funding from investors, including Alphabet Inc’s Google.
1 min read · 31 October 2018
Newell Brands Inc (NWL.N) is nearing a deal to sell Jostens, a U.S. manufacturer of memorabilia such as class rings and yearbooks, to private equity firm Platinum Equity LLC for around $1.3 billion, sources told Reuters.
2 min read · 31 October 2018
British app-only bank Monzo said on Wednesday that its backers now value the lender at 1 billion pounds ($1.3 billion), giving it unicorn status, after it raised 85 million pounds to fund the doubling of its workforce.
2 min read · 31 October 2018
Bain Capital and CVC Capital Partners are among the private equity firms competing to acquire Papa John’s International Inc (PZZA.O), the world’s third-largest pizza delivery company, Reuters reported.
2 min read · 31 October 2018
Private equity firm Apollo Global Management LLC (APO.N) is in advanced negotiations to acquire aluminum products maker Arconic Inc (ARNC.N) for more than $11 billion, sources told Reuters.
1 min read · 30 October 2018