British communications and events company UBM Plc is exploring a sale of PR Newswire Association LLC in a deal that could value the distributor of press releases at more than $700 million, people familiar with the matter told Reuters.
2 min read · 30 April 2015
Cloud software company Salesforce.com Inc (CRM.N) is working with financial advisers to help it field takeover offers after being approached by a potential acquirer, Bloomberg said, citing people with knowledge of the matter.
1 min read · 30 April 2015
Carlyle Group LP (CG.O) reported a 13 percent year-on-year drop in first-quarter profit, as it was asked to pay $112 million in a French tax court case involving one of its real estate funds, yet it still beat most analysts' expectations on performance, Reuters reported.
2 min read · 29 April 2015
London Stock Exchange Group Plc is in talks with at least six parties interested in buying Russell Investment Management, the investment arm of LSE-owned Frank Russell Co, the Financial Times reported, citing people close to the process.
1 min read · 29 April 2015
U.S. private equity firm Advent International is in talks with Carlyle Group(CG.O) and three separate healthcare providers to sell its 72 percent stake in India's CARE Hospitals for $250 million to $300 million, sources told Reuters News.
1 min read · 29 April 2015
Dave Shull, a former chief commercial officer and long time executive at Dish Network, is joining The Weather Channel as a group president, the company said in a memo seen by Reuters.
1 min read · 29 April 2015
Aaron's Inc (AAN.N), a U.S. electronics and furniture rental chain, has turned down several informal takeover approaches in the last 12 months from peer Rent-A-Center Inc (RCII.O), sources told Reuters News.
2 min read · 29 April 2015
Buyout group Advent has attracted interest from strategic buyers and private equity groups for Douglas as it prepares a potential 3 billion euro ($3.28 billion) flotation of the German perfume retail chain, sources told Reuters.
2 min read · 28 April 2015
Private-equity firm Carlyle Group LP agreed on Monday to pay 1.75 billion reais ($600 million) for a stake in Rede D'Or São Luiz SA, Brazil's largest hospital chain, a source told Reuters.
3 min read · 28 April 2015
AB Acquisition LLC, the holding company that owns Safeway Inc, has hired IPO bankers to plan an initial public offering for the grocery store chain later this year, CNBC reported, citing sources with knowledge of the matter.
1 min read · 28 April 2015