Reuters News

Krispy Kreme-owner JAB to buy bakery chain Panera Bread: Reuters

JAB Holdings, the owner of Caribou Coffee and Krispy Kreme Doughnuts, said on Wednesday it would buy U.S. bakery chain Panera Bread Co (PNRA.O) for $7.16 billion, excluding debt, as it expands its coffee and breakfast empire.

Blackstone to sell $2.7 billion Australian mall portfolio: Reuters

Blackstone Group (BX.N) has put an A$3.5 billion ($2.65 billion) shopping mall portfolio in Australia up for sale, Reuters reported, in what could be one of the country's largest ever real estate transactions.

Dyal Capital buys minority stake in credit investor Sound Point: Reuters

Dyal Capital Partners, the Neuberger Berman Group unit that takes minority stakes in hedge and private equity fund firms, has bought into credit investor Sound Point Capital LP, Reuters reported.

Office supplies retailer Staples explores sale, say sources: Reuters

Staples Inc (SPLS.O) is in talks with private equity firms about a potential sale, sources told Reuters, as the largest U.S. office-supplies seller tests buyer appetite for an industry rattled by online competition and hefty debt burdens.

Dyal Capital buys minority stake in credit investor Sound Point: Reuters

Dyal Capital Partners, the Neuberger Berman Group unit that takes minority stakes in hedge and private equity fund firms, has bought into credit investor Sound Point Capital LP, according to a person familiar with the situation.

Blackrock among those seeking to block Novo Banco-Lone Star deal: Reuters

Blackrock and other asset management institutions are seeking an injunction this week to block the sale of Portugal's Novo Banco to U.S. private equity firm Lone Star, Reuters reported.

Kate Spade seeks more time for talks after Coach bid: Reuters

U.S. handbag and accessories maker Kate Spade & Co (KATE.N) will spend a few more weeks negotiating a potential sale of the company after receiving an offer last week from Coach Inc (COH.N), Reuters reported.

Vietnam food producer Masan Group gets $250 mln investment from KKR: Reuters

Vietnamese food producer Masan Group Corp on Monday said it has received a $250 million investment pledge from global investor KKR & Co LP, in the latest move by a foreign firm seeking to tap Vietnam's fast-growing middle class.

Metals recycling group Befesa eyes stock market listing, say sources: Reuters

European private equity-owned metals recycling group Befesa is preparing a stock market listing in a deal potentially valuing the group at up to 1.2 billion euros ($1.3 billion), sources told Reuters.

Apax eyes IPO for investment house Psagot in Tel Aviv, says source: Reuters

British private equity fund Apax Partners will seek to take Israel's largest investment house Psagot public in 2018 at a company valuation of 3.7 billion shekels ($1 billion), a financial source told Reuters.