Private Equity
Nestle (NESN.S) is paying $2.3 billion to buy Canadian vitamin maker Atrium Innovations, it said on Tuesday, expanding its presence in the consumer healthcare market as it seeks to offset weakness in its traditional packaged foods.
1 min read · 05 December 2017
Canadian pension funds and private equity investors are lining up to buy German metering company Techem with a multi-billion euro sale expected to launch in early 2018, sources told Reuters.
2 min read · 05 December 2017
Chinese consumer lending firm Lexinfintech will delay the pricing of its planned Nasdaq IPO to conduct more due diligence, a source told Reuters - a move that comes after Beijing issued new rules to tighten control of the micro-loan sector.
2 min read · 04 December 2017
China’s Hellobike, a bike-sharing firm, said on Monday it has raised $350 million in its latest funding round and that investors included Alibaba’s Ant Financial.
1 min read · 04 December 2017
GEMS Education’s owners have chosen JP Morgan (JPM.N), Credit Suisse (CSGN.S), Bank of America Merrill Lynch (BAC.N) and Morgan Stanley (MS.N) to lead the private schools group’s planned flotation, sources told Reuters.
1 min read · 04 December 2017
Buyout group Nordic Capital has agreed to buy Alloheim, one of Germany’s top three nursing home operators, for about 1.1 billion euros ($1.3 billion) including debt, sources close to the matter said.
1 min read · 04 December 2017
Private equity firm Blue Water Energy said on Monday it had raised $1.1 billion for a fund to invest in oil and gas, the latest sign of growing appetite for the industry as crude prices recover from a downturn, Reuters reported.
1 min read · 04 December 2017
U.S. drugstore chain operator CVS Health Corp (CVS.N) said on Sunday it had agreed to acquire U.S. health insurer Aetna Inc (AET.N) for $69 billion, seeking to tackle soaring healthcare spending through lower-cost medical services in pharmacies, Reuters
4 min read · 04 December 2017
Swiss food giant Nestle (NESN.S) and the private equity owners of German drug firm Stada (STAGn.DE) are both preparing tentative bids for Merck KgaA’s (MRCG.DE) consumer health unit, sources told Reuters.
2 min read · 01 December 2017
Mednax Inc, a U.S. healthcare network operator targeted by activist hedge fund Elliott Management Corp, is fielding acquisition interest from several private equity firms, sources told Reuters.
2 min read · 01 December 2017