Barclays (BARC.L) has sold its offshore trust business to an independent investor group but will keep a 20 percent stake in the new company, renamed as ZEDRA, for at least three years, Reuters News reported.
1 min read · 18 January 2016
For KKR & Co LP, the private equity firm behind some of the world's largest leveraged buyouts, the acquisition of U.S. outdoor retailer Mills Fleet Farm for a little more than $1.2 billion should have been a formality, Reuters News reported.
5 min read · 18 January 2016
A string of leveraged buyout deals have stalled in recent weeks as the financing from banks dried up, in one of the biggest challenges for the private equity industry since the 2008 financial crisis, Reuters reported. While the recent plunge in equity markets is making valuations more attractive for buyout firms, the tumult in the debt markets is set to prevent many deals from getting done.
5 min read · 15 January 2016
Japan's Asahi Group Holdings and Spain's S.A. Damm have submitted offers for SABMiller's Peroni and Grolsch beer brands alongside a handful of private equity bidders, sources told Reuters.
2 min read · 15 January 2016
Ascential, an information and events company, said on Thursday it plans to float on the London Stock Exchange to raise 200 million pounds to pay down debt.
1 min read · 14 January 2016
Private equity group Arle Capital, owner of Spain's Parques Reunidos, is considering a flotation of the theme park operator on the Madrid stock exchange with the aim of getting a better return on its investment, a source involved in the deal said.
1 min read · 14 January 2016
Sagent Pharmaceuticals Inc, a U.S. generic life sciences company focusing on injectable drugs, is considering a sale of the company as part of an exploration of strategic alternatives, sources told Reuters News.
1 min read · 14 January 2016
Famed U.S. gun maker Colt Defense LLC said on Wednesday it has emerged from bankruptcy after concluding a financial restructuring in which it reduced its debt by about $200 million, Reuters News reported.
1 min read · 14 January 2016
WebMD Health Corp (WBMD.O), an online provider of healthcare-related information and advice, is exploring a potential sale of all or part of its business, the Financial Times reported, citing people familiar with the matter.
1 min read · 14 January 2016
Drugmaker Pfizer Inc (PFE.N) is thinking about selling hospital products maker Hospira's infusion pump business for about $2 billion, Bloomberg reported, citing people familiar with the matter.
1 min read · 14 January 2016
