Printer maker Lexmark International Inc is reviewing strategic options including a sale, the Wall Street Journal reported on Thursday.
1 min read · 22 October 2015
First Data Corp's Chief Executive Officer Frank Bisignano hailed a $3.5 billion fund-raising in July 2014 for drawing a "who's who in equity investing" and paving the way for the payment processor's huge IPO last week, Reuters News reported.
3 min read · 22 October 2015
Four investment firms have submitted indicative bids for Spanish theme park operator Parques Reunidos, in a deal which could realize a 2 billion euro ($2.27 billion) exit for private equity owner Arle Capital, sources told Reuters.
1 min read · 22 October 2015
Private equity firm KKR was looking at options to divest from SMCP, the group behind French fashion brands Sandro, Maje and Claudie Pierlot in which it is the controlling shareholder, a spokesman said on Wednesday.
1 min read · 22 October 2015
Monterey Group, owned by private equity firm Terra Firma, made an agreed cash offer for the rest of renewable power generating firm Infinis Energy, valuing the company at 555 million pounds ($856 million), the firms said on Thursday.
1 min read · 22 October 2015
CIT Group Inc (CIT.N) said Chief Executive Officer John Thain, who was appointed to turn around the commercial lender after its bankruptcy, will retire in March and be replaced by veteran banking executive Ellen Alemany, Reuters News reported.
2 min read · 22 October 2015
Funds managed by Advent International Corp have sold a 15 percent stake in DFS Furniture Plc, raising about 94.4 million pounds ($146 million), Reuters News reported.
1 min read · 22 October 2015
IT management software maker SolarWinds Inc said it agreed to be taken private by investment firms Silver Lake Partners and Thoma Bravo LLC for $4.5 billion.
2 min read · 21 October 2015
American Tower Corp (AMT.N) has agreed to buy a 51 percent controlling stake in Indian mobile mast operator Viom Networks for 76 billion rupees ($1.17 billion) to expand in the world's second-biggest telecommunications market by number of users, Reuters reported.
2 min read · 21 October 2015
Hard disk drive maker Western Digital Corp (WDC.O) said it would buy memory chip maker SanDisk Corp (SNDK.O) for about $19 billion, the latest in a wave of consolidation in the chip-making industry.
1 min read · 21 October 2015