Standard Chartered board member V. Shankar is leaving the London-based bank to launch a private $750 million-$1 billion private equity fund focused on Africa, the Middle East, South Asia and Southeast Asia, he said on Wednesday.
1 min read · 03 June 2015
Nomad Foods Ltd (NHL.L) is in exclusive early talks with private equity-owned frozen food maker Findus Group about buying its continental European business and the Findus brand, it said on Wednesday.
2 min read · 03 June 2015
Focus Media Holding Ltd, one of several Chinese firms that delisted in the United States after short-seller attacks, is set to go public again via a reverse takeover in Shenzhen that values it at more than $7 billion, Reuters News reported.
2 min read · 03 June 2015
Friedman Fleischer & Lowe said on Wednesday it had raised $2 billion for its fourth private equity fund, its largest to date, Reuters News reported.
1 min read · 03 June 2015
At Home Stores LLC has selected banks to prepare for an initial public offering that could value the home decor chain at around $1 billion, including debt, sources told Reuters.
1 min read · 02 June 2015
Time Warner Cable Inc (TWC.N) said Chief Financial Officer Arthur Minson would step down effective immediately, less than a week after Charter Communications Inc (CHTR.O) agreed to buy the company for $56 billion, Reuters News reported.
1 min read · 02 June 2015
Ellen Pao, the former partner at Kleiner Perkins Caufield & Byers who unsuccessfully sued the firm alleging gender discrimination, said she will appeal the jury verdict in the case, Reuters reported.
2 min read · 01 June 2015
Discount retailer Dollar Tree Inc (DLTR.O) agreed to sell 330 Family Dollar Stores Inc (FDO.N) stores to private equity firm Sycamore Partners to get antitrust approval for its $8.5 billion takeover of Family Dollar, Reuters reported.
1 min read · 01 June 2015
Australia's Quadrant Private Equity on Monday said it agreed to buy V.I.P. Petfoods (Aust) Pty Ltd, the world's largest supplier of chilled petfood, for A$410 million ($313.86 million), with plans to grow exports to the United States.
2 min read · 01 June 2015
Private equity firm CVC Capital Partners on Monday agreed to buy German perfume retailer Douglas from U.S. buyout group Advent and the Kreke family for an undisclosed sum, Reuters reported.
1 min read · 01 June 2015
