Symantec Corp (SYMC.O), best known for its Norton antivirus software, said investment firm Silver Lake Partners had invested $500 million in the company through convertible debt.
1 min read · 04 February 2016
Israel's largest private equity firm, FIMI Opportunity Funds, raised $1.1 billion for a new investment fund, the largest amount ever raised by an Israeli investment fund, Reuters News reported.
1 min read · 04 February 2016
Goldman Sachs Group Inc (GS.N) will create a new credit finance group that combines its structured and leveraged finance divisions, according to an internal memo seen by Reuters on Wednesday.
1 min read · 04 February 2016
U.S. home improvement retailer Lowe's Cos Inc agreed to buy Canada's Rona Inc in a deal valued at $3.2 billion, winning over Rona's board with a far higher offer than its previous unsolicited bid in 2012, Reuters reported. Rona's largest investor, the Caisse de dépôt et placement du Québec, said it would accept the offer.
2 min read · 03 February 2016
The first Israel-China private equity fund, the Catalyst CEL Fund, has raised more than $200 million to invest in companies with a growth strategy focused on the Chinese market, partners in the fund said on Tuesday.
1 min read · 03 February 2016
Alternative asset manager Apollo Global Management LLC (APO.N) on Wednesday unveiled a $250 million share buyback after posting a disappointing 69 percent slide in fourth-quarter earnings on the back of falling oil prices, Reuters reported.
2 min read · 03 February 2016
Marc Lipschultz, the head of energy investments at KKR & Co LP who helped put together the world's largest leveraged buyout only to see it go bust, is leaving to start a credit fund, Reuters News reported.
2 min read · 03 February 2016
Mercator Solutions, a technology services company backed by private equity firm Warburg Pincus , is in talks with two or three companies about potential acquisitions, its new chief executive told Reuters in an interview.
2 min read · 03 February 2016
Yahoo Inc (YHOO.O) said on Tuesday it was exploring strategic alternatives in addition to the continued pursuit of the reverse spin-off of its Internet business.
1 min read · 02 February 2016
The Massachusetts state pension fund, which invests $6 billion with hedge funds, on Tuesday hired two new managers, SECOR Asset Management and East Lodge Capital.
2 min read · 02 February 2016
