Australian risk compliance services firm SAI Global Ltd is backing a A$1 billion ($761 million) takeover from Hong Kong-based Baring Asia Private Equity, two years after KKR & Co LP and a domestic buyout firm scrapped a higher offer, Reuters reported.
2 min read · 26 September 2016
Waste collection company Advance Disposal Services Inc said on Monday it expects to raise as much as $404.3 million in its initial public offering, valuing the company at about $1.76 billion, Reuters reported.
1 min read · 26 September 2016
Online food delivery company FreshDirect LLC said on Monday it had raised $189 million in a round led by JPMorgan Asset Management, as it seeks to expand its geographic footprint, Reuters reported.
2 min read · 26 September 2016
Brazil's NotreDame Intermédica Saúde SA, a healthcare provider owned by U.S. investment firm Bain Capital LP, has reached an agreement to buy the operations of rival Unimed ABC, the companies said on Friday in a statement to Reuters.
1 min read · 23 September 2016
Twitter Inc (TWTR.N) has initiated talks with several technology companies to explore selling itself, a source told Reuters, as the social media company grapples with its slowest revenue growth since going public in 2013.
2 min read · 23 September 2016
India's capital markets regulator said on Friday it was considering mandating that listed companies owned by private equity (PE) firms seek shareholder approval when entering into performance-based compensation agreements with executives.
1 min read · 23 September 2016
Investor Michael Gordon has no plans to retire but when he does he wants to ensure that Angelo, Gordon, the $26 billion firm he co-founded with John Angelo 28 years ago, survives without him, Reuters reported.
2 min read · 23 September 2016
GCT Global Container Terminals Inc, a North American operator of four marine container terminals which could be valued at more than US$4 billion, including debt, has hired investment banks to review its options, sources told Reuters. Ontario Teachers' Pension Plan (OTPP), the owner of GCT, has asked Macquarie Group Ltd and Canadian Imperial Bank of Commerce (CIBC) to examine several potential transactions involving the company, including the sale of a significant equity stake, the sources said. OTPP, which has owned Vancouver-based GCT for a decade, is in the preliminary stages of its deliberations, and there is no certainty that any deal will occur.
2 min read · 23 September 2016
An investment holding company comprised of four Brazilian pension funds will decide on whether to accept State Grid Corp of China's bid for their combined stake in CPFL Energia SA on Sept. 27, Reuters reported.
1 min read · 22 September 2016
French state-owned bank Caisse des Depots (CDC) said on Thursday it was selling 22.5 million shares in French water and waste group Veolia, about 4 percent of Veolia's share capital, through a placing with institutional investors.
1 min read · 22 September 2016
