Private equity firm Advent International is in advanced talks to acquire inVentiv Group Holdings in a deal that could value the U.S. pharmaceutical research firm at close to $4 billion, including debt, sources told Reuters News.
2 min read · 01 August 2016
Interactive Intelligence Group Inc, a U.S. provider of software and services for call center operators, is exploring strategic alternatives, including a potential sale, sources told Reuters.
2 min read · 29 July 2016
Some of the world's largest buyout firms are preparing offers for Supervalu Inc's Save-A-Lot business, making an outright sale of the U.S. discount grocery chain more likely than a spin-off, sources told Reuters.
2 min read · 29 July 2016
Private equity firm Thoma Bravo LLC is exploring a sale of Deltek Inc that it hopes will value the U.S. provider of software to government contractors at as much as $3 billion, including debt, sources told Reuters.
2 min read · 29 July 2016
Claire's Stores Inc has decided to start negotiations with its creditors about restructuring its debt, as it seeks to avoid becoming the latest U.S. teen retailer to file for bankruptcy protection, sources told Reuters.
2 min read · 29 July 2016
Credit Suisse Group AG (CSGN.S), which exited its U.S. private wealth business last year, is building out a new investment banking group in the region to serve billionaires, Reuters reported.
2 min read · 29 July 2016
Postal Savings Bank of China's up to $10 billion forthcoming IPO is drawing marquee foreign investors' attention due to its clean balance sheet, sources told Reuters, though unattractive valuations may mean it will still need local cornerstone investors to succeed.
3 min read · 29 July 2016
Business software maker Oracle Corp (ORCL.N) said on Thursday it would buy NetSuite Inc (N.N) for about $9.3 billion in cash, a deal designed to help Oracle gain market share in the fast-growing cloud computing business.
2 min read · 28 July 2016
Kinsale Capital Group, which is backed by Moelis Capital Partners and Virginia Capital Partners, has raised about $106 million for its IPO after pricing its 6.6 million shares at $16 per share. The stock began trading July 28 on the NASDAQ under the ticker symbol "KNSL." J.P. Morgan Securities LLC and William Blair & Company LLC are serving as the lead underwriters. Based in Richmond, Virginia, Kinsale Capital is a holding company for Kinsale Insurance Company, which focuses on hard-to-place property, casualty and specialty risks.
2 min read · 28 July 2016
Chinese e-commerce group Alibaba (BABA.N), U.S. online retailer eBay Inc (EBAY.O), and private equity firm CVC Capital Partners are among the bidders for Eastern Europe's No.1 auction website Allegro from South Africa's Naspers (NPNJn.J), sources told Reuters.
2 min read · 28 July 2016
