Private Equity
Private equity fund Lone Star has hired Deutsche Bank to explore a potential sale of its Italian vending and coffee machine maker Evoca, which includes iconic brand Gaggia, Evoca CEO Andrea Zocchi told Reuters on Wednesday.
2 min read · 29 November 2018
European buyout fund BC Partners is preparing to sell its financial news and data business Acuris in a deal that could be worth more than 1 billion pounds, Reuters reported.
2 min read · 29 November 2018
Arif Naqvi, founder of troubled buyout firm Abraaj, is making a last-ditch effort to rescue the remaining business of what was once one of the largest investors in emerging markets, Reuters reported.
2 min read · 28 November 2018
Buyout firm Apollo Global Management LLC (APO.N) has teamed up with regional TV station owner Northwest Broadcasting in its bid to acquire another U.S. TV station owner, Tribune Media Co (TRCO.N), sources told Reuters.
2 min read · 28 November 2018
Russia’s sovereign wealth fund, Mubadala of the United Arab Emirates and Saudi Arabia are in talks to buy a 16 percent stake in Russian oil drilling firm Eurasia Drilling, the head of the Russian fund said on Wednesday.
1 min read · 28 November 2018
Biotech company Moderna Inc said on Wednesday it expected to raise up to $521.7 million in its initial public offering, valuing the company at about $7.8 billion at the top end of the pricing range.
1 min read · 28 November 2018
Colombia’s government has teamed up with Canada’s CDPQ and local pension funds to create a 3 trillion peso ($926 million) private equity fund to invest in domestic infrastructure, Reuters reported.
1 min read · 28 November 2018
Private equity firm General Atlantic LLC has led a 250 million reais ($64.18 million) investment and acquired an undisclosed stake in the Brazilian residential rental website QuintoAndar, both companies said in a statement on Tuesday.
1 min read · 27 November 2018
Shares in Osram (OSRn.DE) rose almost 15 percent on Tuesday after Bloomberg reported that private equity firm Bain Capital was exploring a takeover bid for the German lighting group, citing people with knowledge of the matter
1 min read · 27 November 2018
U.S. photo agency Getty Images Inc said on Monday it received a $500 million investment from a unit of Koch Industries.
1 min read · 26 November 2018