Private Equity

Catherine Badour

CDPQ's Ivanhoe Cambridge names Chanakya Chakravarti as managing director of India ops: Reuters

Ivanhoe Cambridge, the real estate investment arm of Canada’s second-biggest public pension fund, Caisse de depot et placement du Quebec (CDPQ), said on Monday it appointed Chanakya Chakravarti to head its Indian operations.

1 min read · 06 November 2017

FIMI fund invests $40 million in Israel Aerospace unit ImageSat: Reuters

State-owned Israel Aerospace Industries (IAI) said on Sunday it signed a deal with the FIMI private equity fund to invest in IAI’s subsidiary ImageSat, Reuters reported.

1 min read · 06 November 2017

Vintage Capital lowers bid to buy Rent-A-Center: Reuters

Vintage Capital on Friday offered to buy U.S. furniture retailer Rent-A-Center Inc (RCII.O) for about $693 million, a week after the company said it was exploring strategic options after coming under pressure from an activist investor, Reuters reported.

1 min read · 03 November 2017

London IPO market hit as Arqiva and Bakkavor pull floats: Reuters

Broadcasting masts group Arqiva and ready meals supplier Bakkavor abandoned plans to launch two of the biggest floats in London this year on Friday, dealing a blow to Britain’s market for initial public offerings, Reuters reported.

2 min read · 03 November 2017

Leonard Green to acquire UK's Pure Gym from CCMP, says statement: Reuters

U.S. private equity firm Leonard Green and Partners is set to acquire a controlling stake in British gym operator Pure Gym from CCMP Capital Advisors, the firms said in a statement on Friday.

1 min read · 03 November 2017

HelloFresh's bright start contrasts with Blue Apron struggles: Reuters

HelloFresh shares rose as much as 4 percent on their first day of public trading, valuing the Berlin-based meal-kit delivery firm at more than double Blue Apron, the U.S rival from which it is rapidly seizing market share, Reuters reported.

2 min read · 02 November 2017

TPG, China Telecom discuss possible Oi bid with Brazilian official: Reuters

Representatives of U.S. private equity firm TPG Capital Management LP and state-owned China Telecom Corp Ltd (0728.HK) met with Brazil’s solicitor general on Monday to discuss a possible takeover of debt-laden telecom provider Oi SA (OIBR4.SA), Reuters reported.

2 min read · 02 November 2017

Evoqua Water Technologies' IPO priced at $18 per share: Reuters

Wastewater treatment systems provider Evoqua Water Technologies Corp (AQUA.N) said on Wednesday its initial public offering was priced at $18 per share, raising about $500 million.

1 min read · 02 November 2017

Mid Europa fund to take over Polish juice maker Hortex: Reuters

Private equity fund Mid Europa Partners has agreed to buy Polish juices and frozen food producer Hortex from Argan Capital to strengthen its position in the consumer goods market, Reuters reported.

1 min read · 02 November 2017

Qualcomm, JMC seek to exit Alphabet-backed New York WiFi project: Reuters

Chipmaker Qualcomm Inc and private equity firm JMC Capital Partners are looking to sell their stakes in a joint venture that operates more than 1,300 free WiFi kiosks fashioned from old phone booths around New York City, Reuters reported.

3 min read · 02 November 2017

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