General Electric Co is in early-stage talks with Wells Fargo & Co about selling its entire $74 billion U.S. commercial lending and leasing (CLL) portfolio to the bank, sources told Reuters News.
2 min read · 21 April 2015
Focus Media Holding Ltd, a Chinese display advertising company backed by Carlyle Group LP and other private equity firms, has sealed a $1.4 billion loan from a group of three banks to refinance existing debt ahead of a planned listing in Shanghai, Basis Point reported on Monday, citing sources familiar with the plans.
1 min read · 21 April 2015
Chinese e-commerce company Baozun Inc filed with U.S. regulators for an initial public offering of American Depository Shares, becoming the second e-commerce firm from the country that has filed to list in the United States this year, Reuters reported.
2 min read · 20 April 2015
Baring Private Equity Asia is nearing deal to buy 40 percent of Weetabix Ltd, the UK's second-largest branded manufacturer of cereals and cereal bars, Bloomberg reported on Monday, citing people with knowledge of the matter.
1 min read · 20 April 2015
A consortium led by U.S. private equity firm Advent International Corp. is set to buy the consumer products business of India's Crompton Greaves (CROM.NS) for up to $350 million, sources told Reuters.
1 min read · 20 April 2015
U.S. arms maker Raytheon Co (RTN.N) said it would buy cybersecurity provider Websense Inc from private equity firm Vista Equity Partners LLC for $1.9 billion, including debt.
2 min read · 20 April 2015
Private equity firm Affinity Equity Partners has hired Ronnie Behar, a senior Asia-Pacific M&A executive at Credit Suisse, as its Southeast Asia head, sources told Reuters, highlighting a flurry of changes at major investment banks.
2 min read · 20 April 2015
Founder Guy Laliberté has agreed to sell control of Cirque du Soleil, the world's largest theatrical production company, for about $1.5 billion, the Globe and Mail reported, citing sources familiar with the matter.
1 min read · 20 April 2015
TPG Capital LP has named Todd Sisitsky its new North American private equity head, people familiar with the matter said on Friday, as the firm seeks to secure money from investors for its next flagship private equity fund with a target of $10 billion.
1 min read · 20 April 2015
Chinese private equity firm Hony Capital is seeking to raise up to $1.26 billion by selling its remaining shares in CSPC Pharmaceutical Group (1093.HK), IFR reported on Thursday, citing a deal term sheet.
1 min read · 17 April 2015
