Neustar Inc (NSR.N), which helps telephone carriers route calls and text messages, said it would be taken private by an investment group led by private equity firm Golden Gate Capital in a deal valued at about $2.9 billion, including debt.
1 min read · 14 December 2016
Investment banks JPMorgan (JPM.N) and Goldman Sachs (GS.N) are in pole position to be mandated to lead the initial public offering (IPO) of shares in Altice USA, sources told Reuters.
1 min read · 14 December 2016
A group including private equity firm KKR (KKR.N) and Macquarie Group Ltd (MQG.AX) on Wednesday offered up to A$7.3 billion ($5.47 billion) to buy Australian lottery operator Tatts Group (TTS.AX), threatening a takeover deal with Tabcorp Holdings Ltd (TAH.AX), Reuters reported.
3 min read · 14 December 2016
As previously reported by PE HUB sister site/publication Buyouts, Anthony Scaramucci, a member of President-elect Donald Trump's transition team, is planning the sale of SkyBridge Capital as he seeks a post within the new administration, Bloomberg reported on Tuesday, citing a source.
1 min read · 13 December 2016
Virtual reality game developer Survios said it raised $50 million in two financing rounds, including an investment from Hollywood film studio Metro-Goldwyn-Mayer.
1 min read · 13 December 2016
Chinese interest in a takeover of lighting group Osram Licht AG has cooled amid signs of mounting political opposition to Chinese takeovers in Germany, sources told Reuters.
1 min read · 13 December 2016
The California Public Employees' Retirement System said on Monday it had filed a lawsuit to block IAC/InterActiveCorp (IAC.O) from issuing a new class of non-voting stock that it said was aimed at securing Barry Diller's control over the online media company at the expense of other shareholders.
1 min read · 13 December 2016
China's Minsheng Financial Holding, U.S. funds Apollo and Centerbridge and private equity firm Lone Star are leading attempts to buy Portugal's Novo Banco, which was carved out of Banco Espirito Santo (BES) in 2014, sources told Reuters.
2 min read · 13 December 2016
A blank-check company backed by private equity firm TPG, Pace Holdings Corp (PACEU.O), is buying resort owner Playa Hotels & Resorts BV, creating a publicly listed firm with an enterprise value of about $1.75 billion, the companies said.
1 min read · 13 December 2016
Buyout groups are preparing final bids for German payments group Concardis, potentially valuing the group at more than 600 million euros ($636 million), sources told Reuters.
2 min read · 12 December 2016
