Reuters News

CVC to buy 15 percent of Indonesian hospital operator Siloam from Lippo, brokerage: Lippo

Indonesian property developer PT Lippo Karawaci Tbk (LPKR.JK), the majority shareholder of PT Siloam International Hospitals Tbk (SILO.JK), said private equity firm CVC Capital Partners Ltd will buy 15 percent of the hospital operator for 2.2 trillion rupiah ($166 million).

Sycamore Partners, liquidators bid on bankrupt U.S. teen retailer Aeropostale: Reuters

Bankrupt U.S. teen retailer Aeropostale Inc (AROPQ.PK) received bids this week for its business from private equity firm Sycamore Partners, as well as liquidators, firms that wind down businesses, Reuters News reported.

Sales top IPOs as private equity cashes out: Reuters

Private equity firms are increasingly choosing outright sales instead of IPOs when it comes to cashing out of their investments as ECM is unable to compete with buyers capitalizing on accommodative debt markets, Reuters reported.

Payments company Nets to set listing plan in motion next week: Reuters

Denmark-based card payment services company Nets aims to publish its plan for an initial public offering (IPO) next week, sources told Reuters.

China Vanke plans to buy Shanghai office tower from Carlyle for $369 mln: Basis Point

China Vanke Co Ltd is seeking to buy Central Plaza in Shanghai from private equity firm Carlyle Group for around 2.46 billion yuan ($368.94 million), Basis Point reported on Friday, quoting sources.

Malaysian fast food operator QSR Brands plans $400 mln IPO: IFR

Malaysia's largest fast food operator QSR Brands plans to relist on the local stock market next year through an initial public offering (IPO) worth over $400 million, IFR reported on Friday citing sources.

Takata shortlists Daicel, KKR, Ningbo, others in rescue search, say sources: Reuters

Takata Corp (7312.T) has shortlisted six or seven companies, including a competitor and private-equity funds, as potential financial investors to bail out the Japanese car-parts maker, sources told Reuters.

Blackstone to invest $1.5 billion in Permian basin: Reuters

Asset manager Blackstone Group LP (BX.N) will invest about $1.5 billion in the oil-rich Permian basin, in Texas and New Mexico.

Britain's ITV withdraws offer for Peppa Pig-owner eOne: Reuters

British broadcaster ITV Plc said it would not bid for Entertainment One Ltd after failing to persuade the owner of the children's TV character Peppa Pig to enter into a formal process, Reuters reported. Canada's eOne said earlier this month it had rejected a US$1.3 billion takeover offer from Britain's biggest free-to-air commercial broadcaster, saying it undervalued the production and distribution company. Media reports have suggested that other groups, such as private equity, could be interested in Toronto-based eOne.

Emerging markets-focused hedge fund ESG to separate from Carlyle: Reuters

The partners of Emerging Sovereign Group LLC (ESG) have agreed to buy back the majority stake in the emerging markets-focused hedge fund manager that was acquired by Carlyle Group LP in 2011, Carlyle said on Wednesday.