Buyout group Blackstone is in talks to acquire German real estate group Officefirst in a potential 3 billion euro ($3.6 billion) deal, sources told Reuters.
2 min read · 30 August 2016
FreedomPop, a U.S. startup challenging the mobile industry by offering free voice and data plans, has received a $50 million investment to fund international expansion from LetterOne, the investment vehicle owned by Russian billionaire Mikhail Fridman, Reuters reported.
2 min read · 30 August 2016
KKR & Co has named Ming Lu as the sole head of its Asia private equity business, as other co-head David Liu has decided to leave the firm, Reuters News reported.
1 min read · 30 August 2016
Some U.S. private equity firms are courting their biggest and savviest investors with privileged access to special fee-saving deals without telling other investors, according to people involved in buyout firms' fundraising, Reuters News reported.
3 min read · 30 August 2016
Private equity firm Carlyle Group LP (CG.O) launched on Tuesday the sale of a stake in Australian diversified logistics company Qube Holdings Ltd (QUB.AX) worth $264 million, IFR reported citing a term sheet of the transaction.
1 min read · 30 August 2016
Buyout firm Advent International Corp has hired Morgan Stanley & Co and Grupo BTG Pactual SA to advise on the sale of a controlling stake in TCP Terminal de Contêineres de Paranaguá SA, Brazil's second-busiest container port, according to two people with direct knowledge of the plans.
2 min read · 29 August 2016
Korea Electric Power Corp (KEPCO) signed a contract on Aug. 26 to buy a solar power plant from the U.S.-based Carlyle Group's Cogentrix Solar Holdings, KEPCO said in a statement released on Sunday.
1 min read · 29 August 2016
High-tech computing company Nutanix has acquired two startups to enhance its data and storage services, as the firm continues to grow its business despite a protracted delay in its initial public offering, Reuters reported.
2 min read · 29 August 2016
Seoul-based private equity firm MBK Partners has scrapped a plan to buy Japanese golf course operator Accordia Golf Co after the value of the company surged in recent weeks, sources told Thomson Reuters LPC.
1 min read · 29 August 2016
Southeast Asian online groceries delivery company HappyFresh on Monday said its latest fundraising had beaten the $12 million of its previous round, after attracting a consortium of new and existing investors including private equity firm Samena Capital.
1 min read · 29 August 2016
