Antares Capital is lining up a $13.9 billion financing package that backs General Electric Capital Corp's sale of the middle market sponsor finance platform to Canada Pension Plan Investment Board (CPPIB) and raises funds for future growth, sources told Reuters News.
2 min read · 22 July 2015
Shares of South Korea's LG Electronics Inc surged in morning trade on Wednesday, rising as much as 14.5 percent at one point on market speculation that Google Inc will acquire a stake in the consumer electronics maker, Reuters News said.
1 min read · 22 July 2015
China International Capital Corp (CICC), the country's top domestic investment bank, has filed for an initial public offering in Hong Kong that could be worth up to $1 billion, sources told Reuters.
1 min read · 21 July 2015
A unit of private equity firm Warburg Pincus LLC will invest $284 million (18.05 billion rupees) for a minority stake in India's Piramal Realty, the Mumbai-based real estate developer said in a statement on Tuesday.
1 min read · 21 July 2015
U.S. payment processor First Data Corp filed with U.S. regulators on Monday for an initial public offering of common stock, setting up an exit for its private equity owner KKR & Co LP (KKR.N) following one of the largest leveraged buyouts ever, Reuters News reported.
2 min read · 21 July 2015
Qualcomm Inc (QCOM.O) is expected to conduct a strategic review that may result in the breakup of the company, among other options, the Wall Street Journal reported on Monday citing sources.
1 min read · 21 July 2015
British publisher Pearson is exploring the sale of its Financial Times newspaper after receiving interest from potential buyers, Bloomberg reported on Monday, citing people familiar with the matter.
1 min read · 21 July 2015
Private equity group Cerberus has launched the sale of German cash & carry markets after an initial plan to float the retail property assets has been put aside, sources told Reuters.
1 min read · 20 July 2015
Private equity firms Blackstone Group LP and Corsair Capital have agreed to acquire a majority stake in First Eagle Investment Management, valuing the company at around $4 billion including debt, First Eagle announced on Monday.
2 min read · 20 July 2015
Fairfax India Holdings, a fund set up by Canadian investor Prem Watsa to target Indian assets, said it would buy a 74 percent stake in commodities storage and services firm National Collateral Management Services (NCMSL) for about US$126 million, Reuters reported. The deal, valued at about 8 billion rupees, is expected to be completed this year.
1 min read · 20 July 2015
