Reuters News

Charterhouse sells Armacell to Blackstone-led partnership: Reuters

Private equity firm Charterhouse Capital Partners said on Monday it had agreed to sell high-tech insulation firm Armacell to private equity funds managed by Blackstone.

Lazard works with Sanofi on $12.7 billion animal health unit deal: Reuters

Investment bank Lazard is working with Sanofi's management to prepare a sale or listing of its Merial animal health unit, aiming to land the leading advisory job for the deal, which could value the business at up 12 billion euros ($12.7 billion), Reuters News reported.

Anheuser-Busch InBev to sell Peroni, Grolsch to smooth merger: FT

Anheuser-Busch InBev is planning to sell the Peroni and Grolsch brands it would gain from its acquisition of SABMiller to head off European regulatory concerns over the 71 billion pounds ($107 billion) brewery merger, the Financial Times said on Sunday.

Tribune papers likely to be sold, LA Times split off: Reuters

Rupert Murdoch, co-chairman of Wall Street Journal publisher News Corp (NWSA.O), on Friday said he had "strong word" that the Tribune Publishing Co's (TPUB.N) newspaper group will be bought by a Wall Street firm, while the Los Angeles Times will be split off and purchased by local investors including philanthropist Eli Broad, Reuters News reported.

Call centre group Webhelp sold to KKR and company directors: Reuters

U.S. buyout fund KKR and the directors of French call centre operator Webhelp have agreed to buy the company from its owner Charterhouse, Reuters News reported.

Canadian Oil Sands in early-stage talks with potential bidders: Reuters

Canadian Oil Sands Ltd, which is trying to attract a white knight following a hostile bid from Suncor Energy Inc, needs more time to review options as more than two dozen parties have expressed an interest. The potential bidders include Blackstone Group, KKR & Co LP, Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan, sources told Reuters.

BlackRock selling four PE portfolios for $200 mln: Reuters

BlackRock Inc has decided to sell four private-equity portfolios with a value of approximately $200 million, Reuters reported November 24, citing a person with knowledge of the investments.

Sweden's Dometic gets market cap of 14.2 bln SEK in IPO: Reuters

Sweden's Dometic has set the price in its initial public offering at 48 crowns per share, giving it a market capitalization of 14.2 billion Swedish crowns ($1.64 billion)ahead of its market debut on Wednesday, the company said in a statement.

Three Goldman bankers leave for Uber as tech world raids Wall Street talent: Reuters

Three mid-level bankers in Goldman Sachs Group Inc's (GS.N) technology investment banking group in San Francisco have left to take positions at ride service company Uber Technologies Inc in recent months, people familiar with the matter told Reuters.

Bain selling India's Hero MotoCorp shares worth up to $116 mln: Reuters

U.S. private equity firm Bain Capital is selling shares in Hero MotoCorp Ltd, the world's largest seller of motorcycles and scooters, to raise as much as $116 million, IFR reported, citing a person close to the deal.