Reuters News

Carlyle takes full control of Italian fashion brand TWINSET: Reuters

U.S. private equity group Carlyle Group has gained full control of Italian fashion brand TWINSET by buying the remaining 10 percent stake from founder Simona Barbieri, who will step down as the affordable luxury label's creative director, Reuters reported.

Rhode Island hires Goldman's Stais as its pension fund CIO: Reuters

The state of Rhode Island hired a senior Goldman Sachs Group Inc executive as chief investment officer to oversee its $7.9 billion pension fund, the state's Treasurer said in an email on Friday, Reuters reported.

CalPERS looks at changing how it invests in private equity: WSJ

CalPERS, the largest pension fund in the United States, is considering changes in how it invests in private equity that could slash payments to fund managers, according to a report by the Wall Street Journal.

Wal-Mart in advanced talks to buy Bonobos: Recode

Wal-Mart Stores Inc (WMT.N) is in advanced discussions to buy online men’s fashion retailer Bonobos Inc, Recode reported on Friday, citing sources.

Jared Kushner in talks to sell stake in real estate tech firm: WSJ

Jared Kushner, a senior level White House official and son-in-law of President Donald Trump, is in talks to sell his stake in a real estate technology company as he attempts to pare his numerous business ties, according to a report by the Wall Street Journal

Buyout firm Leonard Green nears $1.5 billion acquisition of Charter NEX: Reuters

U.S. buyout firm Leonard Green & Partners LP has prevailed in an auction to acquire Charter NEX Films Inc, a U.S. manufacturer of specialty films for the food and medical industries, for $1.5 billion, including debt, Reuters reported.

Italian packaging firm Guala Closures preps IPO, sale, say sources: Reuters

Private-equity held Italian packaging firm Guala Closures is preparing a stock market listing or sale that may value the company at more than 1 billion euros ($1.06 billion) including debt, sources told Reuters.

Unilever picks Morgan Stanley and Goldman to sell spreads business, say sources: Reuters

Anglo-Dutch consumer group Unilever (ULVR.L) has decided to work with Morgan Stanley and Goldman Sachs on the sale of its margarine and spreads business, which was announced last week, sources told Reuters.

Private equity firms have bid $22 billion for SCA hygiene unit-paper

A group of private equity companies have bid around 200 billion Swedish crowns ($22.26 billion) for the hygiene arm of tissue and forestry products firm SCA (SCAb.ST), daily Dagens Nyheter wrote on Wednesday, citing unnamed sources.

ClubCorp takes itself off the block, CEO to step down: Reuters

Golf club operator ClubCorp Holdings Inc (MYCC.N) took itself off the block and said it would not explore strategic alternatives at this time as it did not get a purchase proposal for the entire company, Reuters reported.