Private equity firm CVC Capital Partners Ltd is expected to announce a 2.2 billion euro ($2.34 billion) deal to take a majority stake in RAC Ltd, Britain's second-largest roadside recovery group, Sky News reported.
1 min read · 02 December 2015
Private equity funds Neuberger Berman and Apax Partners are in talks to buy a controlling stake in Italian software company Engineering (ENG.MI) and would offer to buy the remaining shares at 58 euros each if their bid succeeds, Reuters reported.
1 min read · 02 December 2015
European buyout firm Charterhouse has hired London-based L.E.K. Consulting to provide strategic advice to the Italian generic drugs company Doc Generici, which could lead to a sale next year, sources told Reuters.
3 min read · 02 December 2015
The board of Yahoo Inc (YHOO.O) is weighing a sale of its core Internet business when it meets this week, a source familiar with the matter told Reuters.
2 min read · 02 December 2015
Dubai-based private equity firm Abraaj Group is to close its office in Saudi Arabia, sources told Reuters on Tuesday.
1 min read · 01 December 2015
Boston-based private equity firm ArcLight Capital, together with commodities trader Freepoint, unveiled plans on Tuesday to buy the Hovensa refinery complex in St. Croix in the Caribbean and turn it into a massive oil storage hub, Reuters reported.
2 min read · 01 December 2015
The industrial services business of German engineering group Voith has attracted the interest of private equity in a potential 350 million euro ($371.4 million) deal, sources told Reuters.
1 min read · 01 December 2015
Private equity fund management firm Gaw Capital Partners said it would focus its new Asia real-estate fund, targeting to raise $1.5 billion, on investing in greater China's retail, office and hospitality property in first and major second-tier cities.
2 min read · 01 December 2015
The Delaware Supreme Court has upheld a US$76 million damage award against RBC Capital Markets for its role in the 2011 sale of ambulance company Rural/Metro but described its closely watched decision as a narrow one, Reuters reported. The court found RBC was liable for convincing the company's board to rush into a US$438 million buyout led by private equity firm Warburg Pincus.
3 min read · 30 November 2015
Warehousing developer e-Shang, which is partially owned by private equity firm Warburg Pincus, plans to raise about $1 billion in an initial public offering in Hong Kong, IFR reported on Monday, citing people familiar with the plans.
1 min read · 30 November 2015
