RN

Reuters News

UBM explores sale of PR Newswire for $700 mln -- Reuters

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

Salesforce working to field takeover offers: Bloomberg

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's first-quarter earnings drop on French tax ruling-Reuters

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

LSE in talks with six bidders for Russell Investment-FT

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. firm plans stake sale in India's CARE Hospitals for up to $300 million -- Reuters

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

Former Dish Network executive joins Weather Channel -- Reuters

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 spurns Rent-A-Center takeover approaches - Reuters

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

Advent's perfume chain Douglas attracts takeover interest, say sources-Reuters

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

Carlyle to pay $600 mln for Brazil's Rede D'Or stake, says source

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 looking to take Safeway public this year: CNBC

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

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