Hitachi Ltd (6501.T) said on Wednesday it was considering selling Hitachi Koki Co (6581.T), after a media report that it was in talks to offload the power tools unit to KKR & Co (KKR.N) for more than 150 billion yen ($1.3 billion).
1 min read · 28 December 2016
Private equity-backed Trident Energy will scour for oil and gas assets in Southeast Asia, with a focus on mid-life producing assets that can be redeveloped to create value, a senior executive told Reuters.
2 min read · 28 December 2016
Foie gras specialist Labeyrie Fine Foods is contemplating an initial public offering by 2018 as one of the French company's main shareholders plans to sell its stake, business daily Les Echos reported, quoting the company chief executive.
1 min read · 27 December 2016
Advent International Corp and its FSG Brazilian education company purchased Brazil's Faculdade Cesuca university in Rio Grande do Sul state for an undisclosed price, the U.S. private equity firm said in a statement on Friday.
1 min read · 27 December 2016
Yext, a software startup that helps businesses manage their location-based internet profiles, has hired banks to help prepare for an initial public offering that could come as early as next year, sources told Reuters.
2 min read · 27 December 2016
Wall Street holiday parties this year took place in luxury venues like the Waldorf Astoria, featured women dressed as glowing angels, and had fine wine, scotch and bourbon on hand, Reuters reported.
4 min read · 22 December 2016
Alfa Laval (ALFA.ST) and Honeywell (HON.N) are bidding for private equity-owned Swedish air treatment group Munters in a potential 10 billion Swedish crown ($1.1 billion) deal, sources told Reuters.
1 min read · 21 December 2016
Brazilian construction conglomerate Odebrecht SA is in advanced talks on selling its majority stake in a US$5 billion natural gas pipeline project in Peru to Canada’s Brookfield Asset Management, Reuters reported, citing an interview with Peru’s finance minister. The two companies and the government of Peruvian President Pedro Pablo Kuczynski reached an agreement on Friday, Alfredo Thorne said. Techint Group would also join the pipeline project as a junior partner and would be tasked with pipeline construction.
2 min read · 21 December 2016
Enterprise Investors (EI) expects the initial public offering (IPO) of Polish retailer Dino, in which it owns a 49 percent stake, to raise more than 1 billion zlotys ($237 million), the head of the private equity fund said.
1 min read · 21 December 2016
Greylock Partners, a top-tier Silicon Valley venture firm, said on Tuesday it has hired a new investing partner in Josh McFarland, who will be leaving his executive post at Twitter Inc, Reuters reported.
2 min read · 21 December 2016
