Buyout group Clayton Dubilier & Rice (CD&R) is pressing ahead with preparations for a potential stock market listing in the United States of German packaging group Mauser and has picked banks to organise the transaction, sources told Reuters News.
2 min read · 30 June 2015
Insurance broker Willis Group Holdings (WSH.N) said it would combine with financial services provider Towers Watson & Co (TW.O) to create a new $18 billion insurance, personnel and risk company, Reuters News reported.
2 min read · 30 June 2015
Private equity giant Kohlberg Kravis Roberts & Co. will pay nearly $30 million to settle civil charges that it misallocated more than $17 million in expenses and breached its fiduciary duty to clients, U.S. regulators said.
2 min read · 29 June 2015
Amphenol Corp, a maker of electronic and fiber optic connectors, said it made a binding offer to acquire Singapore-based electronic connectors maker FCI Asia Pte Ltd for $1.28 billion to strengthen its telecom products business.
1 min read · 29 June 2015
Sysco Corp (SYY.N), the biggest U.S. food distribution company, has scrapped a controversial plan to merge with its biggest rival US Foods , the company announced on Monday.
2 min read · 29 June 2015
Germany's BMW AG (BMWG.DE), Australia's Macquarie Group (MQG.AX) and a host of U.S. private equity firms are expected to bid for Australia and New Zealand Banking Group's (ANZ.AX) more than $6 billion car and equipment loan book, a source told Reuters.
2 min read · 29 June 2015
Investcorphas hired Tony Robinson as its chief financial officer effective July 1, the Bahrain-based alternative investment firm said on Sunday, Reuters News reported.
1 min read · 29 June 2015
Canada's Element Financial Corp (EFN.TO) said it will buy General Electric Co's (GE.N) fleet management operations in the United States, Mexico, Australia and New Zealand for C$8.6 billion ($6.98 billion) in cash, Reuters News reported.
2 min read · 29 June 2015
Online home-rental marketplace Airbnb Inc is closing on a $1.5 billion fundraising that would boost the company's valuation to $24 billion, the Financial Times reported.
1 min read · 26 June 2015
Buyout group Wendel has attracted interest from its private equity peers for its leather chemicals maker Stahl, but may still opt to refinance the business instead of selling it, sources told Reuters.
2 min read · 26 June 2015
