Goldcorp Inc said it would buy Kaminak Gold Corp for about $520 million, giving it the Coffee gold project south of Dawson City, Yukon, Reuters reported. Vancouver-based Goldcorp will offer 0.10896 of a share for each Kaminak share, or $2.62 based on Goldcorp's Wednesday close. Electrum Strategic Opportunities Fund, a private equity fund managed by U.S. investment firm Electrum Group, holds a minority interest in Kaminak.
1 min read · 12 May 2016
The owners of AR Packaging are working on a sale that could value the Swedish business at more than 500 million euros ($569 million), Reuters News reported.
1 min read · 11 May 2016
The owner of Ultimate Fighting Championship (UFC) is exploring a sale of the promotion company that popularized cage fighting, according to an ESPN report that UFC's president later denied on Tuesday.
1 min read · 11 May 2016
British private equity firm Charterhouse has proposed a revised debt restructuring plan for its struggling German oil and gas safety tools producer Bartec after the initial plan was rejected by lenders, Reuters News reported.
2 min read · 10 May 2016
Dutch brewer Bavaria said on Tuesday it has taken a controlling stake in Palm Belgian Craft Brewers with the intent to fully acquire the family-owned company best known for its eponymous ale, Reuters News is reporting.
1 min read · 10 May 2016
Krispy Kreme Doughnuts Inc agreed to be taken private by JAB Holding Co for about $1.35 billion as Germany's Reimann family continues to build up its global coffee empire, Reuters reported.
2 min read · 09 May 2016
Reuters reports that Talend Inc, a U.S. software firm that helps corporations organize and analyze data, has hired investment banks for an initial public offering (IPO) in the coming months, people familiar with the matter said on Monday.
2 min read · 09 May 2016
Newspaper publisher Tribune Publishing Co said its board had adopted a shareholder rights plan - popularly known as a "poison pill" - in a bid to thwart Gannett Co Inc's unsolicited takeover offer, Reuters reported.
2 min read · 09 May 2016
U.S. private equity firm EIG Global Energy Partners said it has submitted a binding proposal to provide US$250 million debtor-in-possession (DIP) financing to Pacific Exploration & Production Corp and sponsor the company's restructuring, Reuters reported. Compared with the DIP financing proposed by Canadian private equity firm Catalyst Capital Partners last month, EIG's proposed financing had a lower equity conversion, EIG said. Toronto-based oil and gas producer Pacific Exploration said in April it had reached a deal with debt-holders, including Catalyst, to convert almost all of its debt to equity.
1 min read · 09 May 2016
Billionaire Alan Howard's hedge fund, Brevan Howard Asset Management, has opened two funds to additional outside investors, a source with direct knowledge of the matter told Reuters.
1 min read · 09 May 2016
