Invitation Homes LP, the U.S. rental homes manager owned by private equity firm Blackstone Group LP, has confidentially filed for an initial public offering (IPO) that could come as soon as January and raise as much as $1.5 billion, a source told Reuters.
1 min read · 01 December 2016
The majority of institutional investors worldwide are seeking to increase their investments in riskier alternatives that are not publicly traded, such as hedge funds, real estate and private equity, over the next one to two years to combat potential low returns and choppiness in public markets, Reuters reported. The Fidelity Global Institutional Investor Survey showed that 72 percent of institutional investors, from public pension funds to insurance companies and endowments, said they would increase their exposure to these so-called illiquid alternatives in 2017 and 2018.
2 min read · 01 December 2016
A consortium led by private-equity firm Carlyle Group (CG.O) and Chinese conglomerate Citic Group Corp has neared a deal to buy McDonald's Corp's (MCD.N) stores in China and Hong Kong for up to $3 billion, a source with direct knowledge of the matter said.
1 min read · 01 December 2016
London-headquartered private equity firm XIO Group has signed a deal to buy Meitav Dash, which manages more than $32 billion in assets, Israel's second-largest investment house said on Thursday.
1 min read · 01 December 2016
Private equity group PAI Partners and funds managed by Goldman Sachs' (GS.N) investment arm have agreed to sell Germany-based building materials maker Xella to buyout group Lone Star, Reuters reported.
2 min read · 01 December 2016
U.S. supermarket chain Albertsons Companies Inc is in advanced talks to acquire closely held grocery store operator Price Chopper for around $1 billion, sources told Reuters.
2 min read · 30 November 2016
U.S. hedge fund Coliseum Capital Management LLC, the third-largest shareholder of Performance Sports Group Ltd, said it was in talks with a third party related to a potential deal involving the maker of Bauer ice hockey gear, Reuters reported. Performance Sports, which filed for bankruptcy protection in October, has received a "stalking horse" bid from its largest shareholder Sagard Capital Partners LP, an affiliate of Canada’s Power Corp, and Fairfax Financial Holdings Ltd. Coliseum Capital said it had received consent from Performance Sports' financial adviser to begin discussions with an affiliate of one of the buyers of the sports gear maker, according to a regulatory filing on Tuesday.
2 min read · 29 November 2016
Brazilian car rental firm Unidas SA on Monday announced an initial public offering in São Paulo in a securities filing, one of the few IPOs in the last two years in Latin America's largest economy.
2 min read · 29 November 2016
Seoul-based private equity firm MBK Partners said on Tuesday it would acquire Japanese golf course operator Accordia Golf Co (2131.T) for about $760 million.
2 min read · 29 November 2016
The Philippine operator of Shakey's pizza restaurant chain priced its initial public offering (IPO) at the top end of the indicative range, Reuters reported.
1 min read · 29 November 2016
