Private equity firm HabourVest offered to buy smaller rival SVG Capital's (SVI.L) investment portfolio, providing an alternative to its $1.35 billion cash offer for the company, as it looks to trump an already accepted offer from Goldman Sachs (GS.N) and the Canada Pension Plan Investment Board, Reuters reported.
1 min read · 10 October 2016
Banco Fator SA has tapped Wagner Murgel to head money management operations, in a bid to help the Brazilian mid-sized lender bolster fee-related income amid tepid merger and capital markets activity in Latin America's largest economy, Reuters reported.
2 min read · 07 October 2016
Canada Goose Inc, a maker of luxury winter down jackets, is interviewing banks to help prepare for an initial public offering (IPO) that could value the company at as much as $2 billion, sources told Reuters.
1 min read · 07 October 2016
A former partner at Pershing Square Capital Management is preparing to launch a new fund, according to a U.S. regulatory filing, Reuters reported.
1 min read · 07 October 2016
Worldwide Golf Shops is exploring an offer for the U.S. business of bankrupt chain Golfsmith International Holdings Inc, according to people familiar with the matter, as the golf retail sector grapples with the sport's waning popularity. Golfsmith, the world's largest specialty golf retailer, filed for Chapter 11 bankruptcy in the United States and for creditor protection in Canada last month. Its owner is OMERS Private Equity, the buyout arm of one of Canada's largest pension funds.
2 min read · 07 October 2016
Worldwide Golf Shops is exploring an offer for the U.S. business of bankrupt chain Golfsmith International Holdings Inc, sources told Reuters, as the golf retail sector grapples with the sport's waning popularity.
2 min read · 07 October 2016
Recreational vehicle dealership Camping World Holdings Inc priced its initial public offering at $22 a share, within the expected range, raising $251 million, a source told Reuters.
1 min read · 07 October 2016
U.S. private equity firm HarbourVest Partners said it had extended its $1.35 billion offer for smaller rival SVG Capital (SVI.L), even after the British firm accepted an offer for its investment portfolio from Goldman Sachs (GS.N) and the Canada Pension Plan Investment Board.
2 min read · 07 October 2016
Total (TOTF.PA) has agreed to sell its specialty chemicals business Atotech to private equity firm Carlyle Group for $3.2 billion (2.57 billion pounds), which is part of a $10 billion asset sale program the French oil firm hopes to complete by the end of 2017, Reuters reported.
1 min read · 07 October 2016
Canadian merger and acquisition activity in the first nine months of the year touched their highest level since the financial crisis, buoyed by several big-ticket deals across a range of sectors, Reuters reported, citing data from Thomson Reuters. M&A deal value jumped 17 percent to US$209.7 billion in the period, up from US$178.9 billion from a year ago, according to Thomson Reuters data. It was the best first nine months since 2007.
2 min read · 06 October 2016
