Reuters News

Second U.S. buyout firm bids for Australia's Fairfax Media: Reuters

Australia's oldest newspaper publisher Fairfax Media Ltd (FXJ.AX) on Thursday said it has received a takeover bid worth as much as A$2.87 billion ($2.13 billion) from a second U.S. private equity firm, sending its shares sharply higher, Reuters reported.

Warburg Pincus sells $275 million stake in India's Capital First: Reuters

An affiliate of private equity firm Warburg Pincus sold a 25 percent stake in Indian non-bank lender Capital First Ltd (CAPF.NS) for 17.67 billion rupees ($275.4 million) in stock market transactions on Wednesday, Reuters reported.

Indian online home-rental firm NestAway in talks to raise funds: Reuters

NestAway Technologies Pvt Ltd, an Indian online home-rental startup funded partly by U.S. hedge fund Tiger Global, is in talks to raise north of $40 million, the company's chief executive told Reuters.

Belgian carpet maker Balta to list in Brussels: Reuters

Belgian carpet maker Balta said on Wednesday it was planning to list on the Brussels stock exchange in the near future to raise about 138 million euros ($153.1 million) to reduce its debt, Reuters reported.

Bain Capital Ventures to fund 'angel' investors: Reuters

A well-known Silicon Valley venture capital firm is taking an unusual approach to technology investing by giving millions of dollars to other investors, rather than to startups themselves, Reuters reported.

Platinum Equity nears deal to buy prison phone company Securus: Reuters

Buyout firm Platinum Equity LLC is nearing a deal to acquire Securus Technologies Holdings Inc, the second-largest provider of phone services to U.S. prisoners, for close to $1.5 billion, including debt, Reuters reported.

TrailStone's bid for Cargill's power, gas book falls through, say sources: Reuters

Commodities trader and investor TrailStone Group's bid to buy Cargill Inc's U.S. power and gas trading book has fallen through, sources told Reuters, setting back the seller's efforts to streamline operations.

Platinum Equity nears deal to buy prison phone company Securus, say sources: Reuters

Buyout firm Platinum Equity LLC is nearing a deal to acquire Securus Technologies Holdings Inc, the second-largest provider of phone services to U.S. prisoners, for close to $1.5 billion, including debt, sources told Reuters.

Italy's Investindustrial bids to buy L'Oreal's The Body Shop: Reuters

Italy's Investindustrial has placed a bid to buy British beauty retailer The Body Shop, the founder of the private equity firm Andrea Bonomi said on Tuesday.

KKR wins bidding for Dutch car park operator Q-Park, say sources: Reuters

Buyout group KKR has won the bidding for Dutch car park operator Q-Park, a deal worth about 2 billion euros ($2.2 billion), sources told Reuters.