Catherine Badour

Rent-A-Center terminates Vintage Capital buyout deal, shares fall: Reuters

Rent-A-Center Inc (RCII.O) said on Tuesday it terminated a deal to be acquired by Vintage Capital Management, as the buyout firm did not extend a deadline to close the transaction that is waiting for regulatory approval six months after being announced.

Saudi Aramco, Saudi Information Technology Company to form venture to invest in tech sector: Reuters

Saudi Aramco and the Saudi Information Technology Company signed an agreement to set up a joint venture firm that will develop a platform to invest in high potential growth companies in the information, communication, and technology sector, Aramco said on Tuesday.

U.S.-based Carlyle seeks to double stake in India's PNB Housing, says report: Reuters

U.S-based private equity firm Carlyle Group LP (CG.O) is looking to double its stake in Indian housing finance company PNB Housing Finance Ltd (PNBH.NS), Bloomberg Quint reported on Tuesday, citing people familiar with the matter.

T-Mobile, Sprint win U.S. security approvals for merger: Reuters

T-Mobile US Inc and Sprint Corp have won backing for their $26 billion merger from two national security reviews on Monday, clearing key hurdles in their tie-up bid, Reuters reported.

Bain Capital closes new Asian fund at $4.65 billion: Reuters

Global private equity firm Bain Capital LLC has closed its new Asia-focused fund at $4.65 billion, a person with direct knowledge said on Tuesday, exceeding its target and adding to the region’s already record-high dry powder, Reuters reported.

Carlyle nearing deal to buy StandardAero for more than $5 billion, say sources: Reuters

Private equity firm Carlyle Group LP (CG.O) is nearing a deal to acquire aviation services company StandardAero from Veritas Capital, another buyout firm, for more than $5 billion, including debt, sources told Reuters.

U.S.-Israeli cloud security firm Avanan raises $25 mln: Reuters

U.S.-Israeli enterprise security provider Avanan said on Monday it raised $25 million in a funding round from existing investors StageOne Ventures, Magma Venture Partners and Greenfield Partners.

Bankia sells toxic assets portfolio with 3-billion-euro gross value to Lone Star: Reuters

Spain’s state-held lender Bankia (BKIA.MC) said on Monday it had sold a portfolio of toxic assets with a gross value of 3.1 billion euros ($3.5 billion) to two subsidiaries of U.S. private equity firm Lone Star, Reuters reported.

StanChart to take $160 million charge from private equity sale: Reuters

Standard Chartered PLC (STAN.L) has agreed terms for the sale of its private equity division, ending a more than two-year effort to shed a business the bank no longer deemed central to its strategy.

Intel, TPG in talks to sell McAfee to Thoma Bravo for over $4.2 billion: CNBC

Private equity firm Thoma Bravo LLC is in early talks to buy security software company McAfee from TPG Capital and Intel Corp for more than $4.2 billion, CNBC reported on Friday, sources told Reuters.