Private Equity
The owner of Italy’s La Perla has agreed to one-month exclusive talks with China’s Fosun (0656.HK) over the sale of a majority stake in the luxury lingerie group, Reuters reported.
1 min read · 19 December 2017
Pinnacle Renewable Energy Inc, a wood pellets producer owned by Canadian private equity firm Onex Corp, said on Monday it has filed a preliminary prospectus with the Toronto Stock Exchange for an initial public offering of its common shares.
1 min read · 19 December 2017
Chinese dairy products maker Feihe International Inc will acquire Vitamin World Inc out of bankruptcy for $28 million, after the U.S. nutritional supplements retailer received no other bids, sources told Reuters.
2 min read · 19 December 2017
Consumer packaging company Crown Holdings Inc (CCK.N) said on Tuesday it would buy Signode Industrial Group Holdings (Bermuda) Ltd, which specializes in transit packaging, from Carlyle Group LP (CG.O) in a deal valued at $3.91 billion.
1 min read · 19 December 2017
Kindred Healthcare Inc said on Tuesday it will be bought by health insurer Humana Inc and two private equity firms in a deal valued at $4.1 billion.
1 min read · 19 December 2017
Germany’s Delivery Hero (DHER.DE), an online food ordering and delivery marketplace, is selling its foodpanda India business to Ola in return for shares in the Indian ride-hailing firm, the companies said on Tuesday, Reuters reported.
2 min read · 19 December 2017
The Republican-controlled U.S. Congress will begin voting on Tuesday on the biggest overhaul of the U.S. tax system in more than 30 years, with little standing in the way of the party’s first major legislative triumph under President Donald Trump, Reuters reported.
3 min read · 19 December 2017
Cominar Real Estate Investment Trust (CUF_u.TO) said on Monday it would sell its non-core property assets to privately held Slate Acquisitions Inc for C$1.14 billion ($885.23 million) to reduce debt and focus on core assets.
1 min read · 18 December 2017
The U.S. private equity owner of French vehicle spare parts distributor Autodis is selecting banks for a share sale next year in a deal that could value the business at more than 1 billion euros ($1.2 billion), sources told Reuters.
3 min read · 18 December 2017
China’s powerful state planner on Monday issued new rules for overseas investment by private companies, aiming to stamp out instances of firms violating policies, engaging in unfair competition and poor safety and quality management.
2 min read · 18 December 2017