PE Hub Staff

Callebaut Hopes To Sell Consumer Business

InBev Calls Off Sale of Beck's to Bain

Alpine Holds Third Close

Novera Accepts Offer From Terra Firma-Backed Infinis

Sale Underway for UK Forensics Firm LGC

Mid Europa Completes First Part of Invitel Buyout

Apollo Completes Parallel Petroleum Acquisition

Apollo Global Management has completed its take-private acquisition of Midland, Texas-based Parallel Petroleum Corp. (Nasdaq: PLLL). The deal was valued at approximately $438 million, or $3.15 per share, including the assumption or repayment of around $351 million in debt. Apollo's equity commitment was $283.2 million.

Bridgepoint and AXA Bid for Italian Gamer SNAI

RedPrairie Files for $172.5 Million IPO

Lenovo Group Reacquires Its Mobile Handset Business

Lenovo Group is acquiring the entire interest of mobile handset business Lenovo Mobile Communication Technology Ltd. from a group of investors led by Hony Capital. The deal is valued at approximately $200 million in cash and Lenovo shares. Lenovo divested Lenovo Mobile in March 2008, as part of a plan to refocus on the company's core PC business.