The world's largest fast-food retailer McDonald's Corp said it would sell its Nordic restaurants to British equity firm Terra Firma Capital Partners Ltd's founder and chairman Guy Hands as part of a turnaround plan it had previously announced.
1 min read · 27 January 2017
Canada Pension Plan Investment Board and several U.S. private equity firms are interested in acquiring Canadian financial technology services provider DH Corp (DH.TO), sources told Reuters.
2 min read · 27 January 2017
General Atlantic LLC has tapped Latin America Managing Director Martín Escobari to become co-chairman of the U.S. private equity firm's global investment committee, a source told Reuters.
1 min read · 27 January 2017
Canada Pension Plan Investment Board and several U.S. private equity firms are interested in acquiring Canadian financial technology services provider DH Corp, sources told Reuters. TPG, Cerberus Capital Management LP and technology-focused Thoma Bravo are some of the U.S. buyout firms looking at DH, the sources said. The moves come more than a month after DH appointed a special committee as it received expressions of interest. The Toronto-based company is currently valued at $2.48 billion.
2 min read · 27 January 2017
Jagged Peak Energy LLC (JAG.N) raised $474 million in an initial public offering (IPO) on Thursday, significantly below the roughly $650 million it was targeting, a source told Reuters.
1 min read · 27 January 2017
Grupo BTG Pactual SA (BBTG11.SA) is considering separate stock market listings for its investment bank and private equity businesses, Brazil's largest independent investment banking company said in a securities filing on Friday.
1 min read · 27 January 2017
Royal Dutch Shell (RDSa.L) is nearing the sale of a large part of its North Sea oil and gas assets to private equity-backed Chrysaor for $3 billion, banking sources said, marking a milestone in its drive to reduce debt after buying BG Group.
2 min read · 27 January 2017
Real Matters, a Canadian provider of real estate industry services, is looking to raise about $150 million in an initial public offering that could come as early as next month, sources told Reuters. The IPO is expected to value the company at about $1 billion. The company's investors include Canadian venture capital firm Whitecap Venture Partners, Canadian specialty finance firm Wellington Financial, and Urbana Corp, according to startup data provider CrunchBase and public documents.
2 min read · 26 January 2017
U.S. President Donald Trump on Wednesday nominated Philip Bilden, a former military intelligence officer and private equity executive with broad experience of Asia, particularly China, as the civilian head of the U.S. Navy. Reuters reported.
2 min read · 26 January 2017
Blackstone Group LP (BX.N), the world's biggest alternative asset manager, posted better-than-expected fourth-quarter earnings on Thursday as its investments rose across the board, in line with gains in the stock market, Reuters reported.
2 min read · 26 January 2017
