Beleaguered department store Kohl's Corp is said to be debating whether to take itself private, according to a source cited by the Wall Street Journal on Sunday.
1 min read · 11 January 2016
Chipmakers Texas Instruments Inc and Analog Devices Inc have decided not to pursue an acquisition of Maxim Integrated Products Inc at this time, Bloomberg reported, citing people familiar with the matter.
1 min read · 11 January 2016
The former chairman of Performance Sports Group Ltd (PSG.TO), Graeme Roustan, said he is looking to take the company private, potentially at a premium to the current share price, if he does not see a reversal in the its retail strategy and a replacement of the chief executive, Reuters News reported.
2 min read · 11 January 2016
Companies interested in lighting assets will have the opportunity to bid for Europe's best-known brands Philips and Osram in two separate auctions starting this month, sources told Reuters.
1 min read · 08 January 2016
The embattled US high-yield market has struggled to get back on track in the first week of 2016, after three issuers bypassed public bond sales in a sign of more trouble for the asset class.
3 min read · 08 January 2016
Goldman Sachs Group Inc (GS.N) has cemented its dominance of a risky corner of the U.S. debt market, as traditional bank rivals retrench, by using a fund that it markets to investors to finance leveraged buyouts.
4 min read · 08 January 2016
Canadian equity issues reached a six-year high in 2015 with a flurry of energy-sector deals and a few large transactions, Reuters reported, citing data released by Thomson Reuters. The 13 percent increase to $42.6 billion came despite a slowdown in deal activity in the latter part of the year. Initial public offerings recorded their strongest year since 2010.
2 min read · 07 January 2016
A slew of major bets outside Canada by some of the country's top pension funds, banks, investment management firms and insurers propelled Canadian deal activity to its second-highest level ever in 2015, Reuters reported. Thomson Reuters data showed US$278.69 billion of activity involving Canadian entities in 2015, up 37 percent from a year ago, and lagging only a pre-crisis high hit in 2007.
2 min read · 07 January 2016
Gulf Capital has raised $175 million for the first closing of a new credit fund, and aims for a final close of $250 million, the Abu Dhabi-based private equity firm said on Thursday.
1 min read · 07 January 2016
U.S. private equity group Advent wants a cut in the price of Austrian "bad bank" Heta's Balkan network because of its exposure to Swiss franc-denominated loans, Heta said on Thursday.
2 min read · 07 January 2016