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Activision Blizzard to buy 'Candy Crush' maker King for $5.9 bln: Reuters

Video game maker Activision Blizzard Inc (ATVI.O) said it will buy "Candy Crush Saga" creator King Digital Entertainment (KING.N) for $5.9 billion to strengthen its mobile games portfolio.

2 min read · 03 November 2015

CIBC says Cerberus lawsuit against it lacks merit: Reuters

The Canadian Imperial Bank of Commerce said on Monday it saw no merit in a lawsuit filed against it by a special purpose vehicle controlled by U.S. private equity firm Cerberus Capital Management.

1 min read · 02 November 2015

Austria's Immofinanz sells logistics portfolio to Blackstone: Reuters

Austrian property group Immofinanz signed a contract to sell its logistics portfolio to U.S. private equity group Blackstone, the company said on Monday as it switches focus to its retail and office business in western Europe.

1 min read · 02 November 2015

Three buyout funds vying for GE's $7 bln French banking arm: Reuters

Three buyout funds are vying to buy General Electric's (GE.N) banking unit in France as the U.S. conglomerate presses ahead with its plan to offload its financing operations in Europe, four sources familiar with the matter said.

3 min read · 02 November 2015

EQT plans to list Sweden's Dometic in late November, say sources: Reuters

Private equity firm EQT plans to list Sweden's Dometic, a maker of appliances for caravans and boats which could be worth more than 20 billion Swedish crowns ($2.35 billion) including debt, in late November, sources told Reuters.

2 min read · 30 October 2015

TPG explores sale or IPO of chemical distributor Nexeo: Reuters

Buyout firm TPG Capital Management LP is exploring a sale or initial public offering of Nexeo Solutions LLC, hoping a deal would value the U.S. chemical distribution company at close to $2 billion, including debt, according to people familiar with the matter.

2 min read · 30 October 2015

Showroomprive.com raises 256 mln euros in IPO: Reuters

French online fashion retailer Showroomprive.com said it raised 256 million euros ($282 million) in its initial public offering after selling shares at the bottom end of the price range it had set.

2 min read · 30 October 2015

Centerbridge hires banks to sell Spanish property services firm Aktua, say sources: Reuters

U.S. private equity group Centerbridge Partners has appointed investment banks to sell Spanish property services firm Aktua, sources told Reuters.

2 min read · 30 October 2015

Blackstone joins Rheinmetall for Airbus bid: Reuters

German defense group Rheinmetall (RHMG.DE) has tied up with buyout group Blackstone (BX.N) to bid for Airbus's (AIR.PA) defense electronics unit, two sources familiar with the matter said, in a deal worth up to a billion euros ($1.1 billion).

2 min read · 30 October 2015

PAI uncorks sale of French bottle-top maker Global Closure Systems, say sources: Reuters

European private equity house PAI Partners is working with Credit Suisse to sell French bottle-top maker Global Closure Systems, a business it has held for a decade, sources told Reuters.

1 min read · 29 October 2015

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