Private Equity
Sycamore Partners is preparing an offer for Belk Inc that could value the U.S. department store chain at between $3 bln and $3.5 bln, including debt, and become the buyout firm's largest deal.
2 min read · 06 July 2015
Mergers and acquisitions (M&A) worldwide in the second quarter of 2015 almost matched the record set in the second quarter of 2007, according to preliminary Thomson Reuters data, as big companies turned to deals to boost their market share, Reuters News reported.
4 min read · 30 June 2015
Private equity firm Wind Point Partners is exploring a sale of Novolex, in a deal that could value the U.S. manufacturer of paper and plastic packaging products at around $1.75 bln, including debt, according to three people familiar with the matter.
2 min read · 19 June 2015
Private equity firm Silver Lake Partners LP said on Monday it would lead a $500 million investment in Qunar Cayman Islands Ltd, the Chinese travel website controlled by the country's internet search engine company Baidu Inc, Reuters News reported.
1 min read · 02 June 2015
KKR & Co LP said it would merge some of its private equity industry teams in the United States after two more of its leaders stepped down, and as it prepares the ground for raising its next flagship North American buyout fund, Reuters News reported.
2 min read · 04 May 2015
Carlyle Group LP has decided to liquidate the two mutual funds it launched last year, regulatory filings showed this week, as the private equity firm seeks other ways to gain more traction with so-called liquid alternative funds.
2 min read · 20 April 2015
US LBM Holdings LLC, one of the largest building materials distributors in the United States, is exploring a sale that could value it at close to $1 billion, including debt, people familiar with the matter said on Thursday.
1 min read · 17 April 2015
Blackstone Group LP, the world's largest alternative asset manager, said on Thursday that its first-quarter profit doubled from a year ago, as strong asset sales generated by its private equity and real estate units brought in record cash.
2 min read · 16 April 2015
Cerberus Capital Management LP is seeking more than $3 billion for its latest flagship private equity fund to invest in distressed assets such as non-performing loans and ailing companies that need to be restructured, sources told Reuters News.
3 min read · 06 April 2015
Builders FirstSource Inc (BLDR.O), a U.S. supplier of residential building products, is in discussions to acquire peer ProBuild Holdings Inc for approximately $1.5 billion, including debt, three people familiar with the matter said on Thursday.
2 min read · 27 March 2015
