Private equity firms KKR, Blackstone and Bain Capital have made informal approaches for buying CWT Ltd (CWTD.SI), sources told Reuters, in a deal estimated to value Singapore's largest logistics company at up to S$1.6 billion ($1.2 billion).
2 min read · 05 August 2015
U.S. luxury fashion retailer Neiman Marcus Group Inc filed with U.S. regulators on Tuesday for an initial public offering, the second time in two years it has unveiled plans to go public, Reuters News reported.
2 min read · 05 August 2015
Motorola Solutions Inc, a maker of walkie-talkies and radio systems, said private equity firm Silver Lake would invest $1 billion in the company, Reuters News reported.
1 min read · 05 August 2015
Jeld-Wen Holding Inc, a maker of doors and windows, is working on a potential initial public offering that would value the business at as much as US$4 billion, Reuters reported, citing a Wall Street Journal story. The Charlotte, North Carolina-based company has been owned by Canadian private equity firm Onex Corp since 2011.
1 min read · 04 August 2015
Credit Suisse Group AG and Jive Investments Holding Ltd raised Brazil's largest-ever distressed asset fund, underscoring growing interest in an asset class that has become the flavor of the month as Latin America's largest economy slips into recession, Reuters News said.
2 min read · 04 August 2015
Petco Animal Supplies Inc has hired Goldman Sachs Group Inc (GS.N) to lead a potential initial public offering or sale that could value the pet supplies retailer at between $4 billion and $5 billion, including debt, sources told Reuters News.
2 min read · 04 August 2015
Jeld-Wen Holding Inc, a maker of doors and windows, is working on a potential initial public offering that would value the business at as much as $4 billion, the Wall Street Journal reported.
1 min read · 04 August 2015
Dutch chipmaker NXP (NXPI.O) has offered concessions in a bid to secure European Union antitrust approval for its planned $11.8 billion takeover of U.S. peer Freescale (FSL.N), Reuters News reported.
1 min read · 04 August 2015
Buyout group General Atlantic is set to take a stake in mapping business HERE later this year, which a consortium of German premium carmakers has agreed to buy from Nokia, a source told Reuters.
1 min read · 03 August 2015
China's sovereign wealth fund has invested an unspecified amount in Didi Kuaidi, China's dominant ride-hailing app which is competing against U.S. firm Uber Technologies, a source told Reuters.
1 min read · 03 August 2015
