NEW YORK (Reuters) - Morgan Stanley (MS.N) has shortlisted bidders including five U.S. private-equity firms and Taiwan's Fubon Financial Holding Co Ltd (2881.TW) in the sale of its stake in China International Capital Corp, the Wall Street Journal reported on Tuesday, citing people familiar with the situation. Bain Capital LLC, Carlyle Group, General Atlantic LLC, Kohlberg Kravis Roberts & Co (KKR.AS) and TPG Capital made the list of bidders whose first-round indicative offers for Morgan Stanley's 34.3 percent stake were considered attractive enough to be allowed to conduct due diligence on the Chinese investment bank, the paper said. One strategic buyer -- Taiwan's Fubon Financial -- was also selected to conduct due diligence, the paper said.
1 min read · 01 December 2009
1 min read · 01 December 2009
2 min read · 01 December 2009
1 min read · 01 December 2009
Beam Reach Education, a portfolio company of Summer Street Capital Partners, has acquired The Refrigeration School Inc., a Phoenix-based operator of career schools for heating ventilation, air conditioning and refrigeration. No financial terms were disclosed.
4 min read · 01 December 2009
CyrusOne, a Houston-based enterprise data center colocation provider, has secured a new $150 million senior secured credit facility. The banking syndicate included TD Securities, RBC Capital Markets, SunTrust Robinson Humphrey and SG Americas Securities. CyrusOne is a portfolio company of ABRY Partners.
2 min read · 01 December 2009
Steve Miller, former chairman and CEO of Delphi Corp., has been named chairman of mid-market private equity firm MidOcean Partners. Mark Angelson, who was named firm chairman in December 2007, will remain on the MidOcean executive committee, but will devote most of his time to serving as chairman and CEO of publicly-held World Color Press.
4 min read · 01 December 2009
3 min read · 01 December 2009
1 min read · 01 December 2009
2 min read · 01 December 2009
