Power producer Talen Energy Corp (TLN.N) said private equity firm Riverstone Holdings LLC will buy the remaining stake it does not already own in the company for about $1.8 billion.
1 min read · 03 June 2016
Private equity firm Astorg has put French calcium aluminates company Kerneos up for sale in a move which could value the firm at around 1 billion euros ($1.1 billion), sources told Reuters.
1 min read · 03 June 2016
Germany's Bilfinger has agreed to sell its real estate services unit to private equity group EQT for 1.2 billion euros ($1.3 billion), leaving the former major German construction group focused solely on industrial plant services, Reuters reported.
3 min read · 02 June 2016
Mainstreet Health Investments Inc is looking to spend hundreds of millions of dollars to acquire senior housing and care properties in Canada and the United States after tapping the Canadian equity market, a top executive told Reuters. The company, which owns a portfolio of U.S. seniors housing and care properties, on Thursday raised about US$95 million and listed on the Toronto Stock Exchange. U.S. hedge fund Magnetar Financial owns about half of Mainstreet Health.
2 min read · 02 June 2016
French car parts supplier Valeo (VLOF.PA) said on Thursday it would buy German clutch manufacturer FTE Automotive for 819.3 million euros ($914 mln), Reuters reported.
1 min read · 02 June 2016
Bank of Montreal said that it would acquire Greene Holcomb Fisher, a U.S. mergers and acquisitions advisory firm, in a push to strengthen its investment banking business in the United States, particularly in the Midwest, Reuters reported. The move will help Toronto-based BMO, Canada's fourth biggest lender, double its U.S. M&A business, based on the number of deals, and better serve and attract private equity clients.
2 min read · 02 June 2016
Jeld-Wen Holding Inc, a maker of doors and windows, filed with U.S. regulators on Wednesday to raise up to US$100 million in an initial public offering of its common stock, Reuters reported. The final size of the IPO could be different. The Charlotte, North Carolina-based company has been backed by Canadian private equity firm Onex Corp since October 2011. Onex currently has an 83 percent ownership interest in Jeld-Wen.
2 min read · 02 June 2016
Jeld-Wen Holding Inc, a maker of doors and windows, filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of its common stock, Reuters reported.
1 min read · 02 June 2016
Polish private equity firm Innova Capital said on Thursday it had sold 100 percent of Swedish bathroom fittings maker Marmite to U.S. rival Cranemere for an undisclosed price, Reuters reported.
1 min read · 02 June 2016
U.S. data analytics firm Qlik Technologies Inc (QLIK.O) agreed to sell itself to private equity firm Thoma Bravo LLC for about $3 billion, bowing to pressure from hedge fund Elliott Management Corp, Reuters reported.
1 min read · 02 June 2016
