Avio Spazio, the space propulsion company controlled by private equity Cinven, is considering an initial public offering on the Italian stock market, sources told Reuters.
1 min read · 13 August 2015
Pure Storage Inc filed with U.S. regulators on Wednesday for an initial public offering of common stock, a year after a private placement valued the data storage company at more than $3 billion, Reuters News reported.
2 min read · 13 August 2015
Houlihan Lokey Inc's initial public offering was priced at $21 per Class A share, below the IPO range of $22-$24, Reuters News reported.
1 min read · 13 August 2015
Buyout firm TPG Capital LP is in advanced talks to acquire Ellucian Company LP, in a deal that could value the U.S. provider of software to universities and colleges at $3.5 billion, including debt, sources told Reuters News.
2 min read · 13 August 2015
Garda World Security Corp, a security services business that provides armoured transportation and guards, is exploring a sale that could value it at more than $3 billion including debt, people familiar with the matter told Reuters. Montréal-based Garda is owned by British private equity firm Apax Partners and its founder Stéphan Crétier, which together took the company private in 2012 for $1.1 billion.
2 min read · 12 August 2015
Financial industry software maker Fidelity National Information Services Inc (FIS.N) said it would buy SunGard Data Systems Inc for $9.1 billion including debt, scooping up one of the longest-held investments in private-equity history.
2 min read · 12 August 2015
Private equity group Penta has agreed to buy a string of Czech newspapers from German media group Verlagsgruppe Passau, the latest in a series of deals that has shifted ownership of the country's main print media to Czech and Slovak financial firms, Reuters reported.
2 min read · 12 August 2015
Kraft Heinz Co (KHC.O) said it will cut 2,500 jobs in the United States and Canada as part of its cost cutting initiatives following the creation of the company through the $46-billion merger of ketchup maker H.J. Heinz with Kraft Foods, Reuters News reported.
1 min read · 12 August 2015
Deal makers and employees at private equity firms are expected to receive the biggest bonus increases this year on Wall Street, according to a forecast by compensation consulting firm Johnson Associates cited by Reuters News.
1 min read · 12 August 2015
The veteran head of JP Morgan's South Korea business, Steve Lim, is leaving the bank to become the Korea chairman of private equity firm CVC Capital Partners, Reuters News reported.
1 min read · 12 August 2015
