Private Equity
Netflix Inc (NFLX.O) said on Monday it plans to raise about $2 billion in debt to fund original shows, acquire content and for possible acquisitions, Reuters reported.
1 min read · 22 October 2018
Private equity fund CVC has invited banks to pitch for the sale or initial public offering of Nordic optical retailer Synsam, sources told Reuters, in a deal which could value the company at more than $950 million.
1 min read · 19 October 2018
HEMA, one of the Netherlands’ largest retail chains, said on Thursday it will be bought for an undisclosed sum by investment firm Ramphastos Investments, owned by Dutch billionaire Marcel Boekhoorn, Reuters reported.
1 min read · 19 October 2018
French private equity firm Astorg on Wednesday said it had reached an agreement to acquire a majority stake in health devices manufacturer Nemera from Montagu Private Equity, with Nemera to be jointly controlled by Astorg and Montagu.
1 min read · 18 October 2018
Private equity giant Blackstone Group (BX.N) has quit a takeover battle for Australian office-block owner Investa Office Fund (IOF.AX) after it was gazumped by Canadian landlord Oxford Properties Group’s A$3.35 billion ($2.4 billion) bid.
2 min read · 18 October 2018
Acadia Healthcare Co Inc (ACHC.O), a U.S. operator of behavioral health centers, is in talks with private equity firms about selling itself after attracting buyout interest, sources told Reuters.
2 min read · 18 October 2018
Tilman Fertitta, the billionaire owner of the Golden Nugget Casinos, has approached U.S. casino operator Caesars Entertainment Corp about merging it with his own gaming empire, Reuters reported.
2 min read · 18 October 2018
Uber Technologies Inc is considering selling minority stakes in its costly self-driving car unit as the ride-hailing company tries to address rising cost pressures ahead of its initial public offering, the Financial Times reported on Wednesday.
2 min read · 17 October 2018
Ride-hailing company Uber Technologies Inc could be valued at $120 billion, when it finally goes public next year according to proposals made by U.S. banks bidding to run the offering, the Wall Street Journal reported on Tuesday.
1 min read · 17 October 2018
Ride-hailing company Lyft Inc has chosen JPMorgan Chase & Co, Credit Suisse and Jefferies as underwriters for its initial public offering, slated for the first half of 2019, Reuters reported.
1 min read · 17 October 2018