Private Equity

Catherine Badour

Blackstone taps Australia's shadow-lending market with La Trobe stake: Reuters

Blackstone Group (BX.N) has snapped up an 80-percent stake in property financing company La Trobe Financial for an undisclosed amount, in a move that will help the New York-based investment giant expand in Australia’s lucrative mortgage-lending market, Reuters reported.

2 min read · 18 December 2017

China's Tencent, JD.com invest $863 million in online retailer Vipshop: Reuters

Chinese internet giant Tencent Holdings Ltd (0700.HK) said on Monday it would lead an $863 million investment in apparel platform Vipshop Holdings Ltd (VIPS.N), upping its rivalry in retail with Alibaba Group Holding Ltd (BABA.N).

2 min read · 18 December 2017

Hershey nears $1.6 billion deal to buy Amplify Snacks: CNBC

Hershey Co (HSY.N), the maker of Reese’s Peanut Butter Cups and Hershey’s Kisses, is nearing a deal to buy SkinnyPop parent Amplify Snack Brands (BETR.N) for $1.6 billion, CNBC reported on Monday.

1 min read · 18 December 2017

Humana in talks to buy Kindred Healthcare with equity firms: Reuters

U.S. health insurer Humana Inc (HUM.N) is in advanced talks to acquire acute care provider Kindred Healthcare Inc (KND.N) in partnership with private equity firms Welsh, Carson, Anderson & Stowe and TPG, Reuters reported.

2 min read · 18 December 2017

Bitcoin hits bigger stage as exchange giant CME launches futures: Reuters

Bitcoin futures received a lukewarm reception at its launch on the CME Group Inc on Sunday, although market experts believe a recent rally in the cryptocurrency has further to go, Reuters reported.

2 min read · 18 December 2017

Onex-backed Canadian renewables firm Pinnacle set to list, say sources: Reuters

Wood pellets producer Pinnacle Renewable Energy Inc, owned by Canadian private equity firm Onex Corp (ONEX.TO), wants to raise about C$175 million ($136 million) through a Toronto initial public offering (IPO), sources told Reuters.

1 min read · 15 December 2017

Old Mutual Global Investors chief near buyout deal backed by TA Associates, says source: Reuters

The chief of Old Mutual Global Investors (OMGI) Richard Buxton is nearing a 550 million pound buyout of the company, sources told Reuters.

1 min read · 15 December 2017

Indonesia's Go-Jek acquires three companies to boost payment services: Reuters

Indonesia’s Go-Jek has acquired three financial technology businesses, as it expands from ride-hailing and other mobile on-demand offerings into payments and other services, Reuters reported.

1 min read · 15 December 2017

Votorantim Energia, Canada pension board form JV to invest in power: Reuters

Canada Pension Plan Investment Board (CPPIB) and Brazil’s Votorantim Group’s energy unit Votorantim Energia have formed a joint venture that will buy two operational wind parks in northeastern Brazil, they said.

1 min read · 15 December 2017

KKR wins auction for Unilever's spreads business, say sources: Reuters

Private equity firm KKR (KKR.N) is in exclusive talks to buy Unilever’s (ULVR.L) margarine and spreads business, sources told Reuters, in a deal expected to top $7 billion.

1 min read · 15 December 2017

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