Reuters News

Private equity investor India Value says to raise $700 mln fund-Reuters

Indian private equity fund India Value Fund Advisors (IVFA) said it expected to conclude fundraising in the next 90 days for an up $700 million sector-agnostic fund that would focus on midsized companies.

Pamplona's PPF deal backed by 220 mln euros of debt financing-Reuters

Private equity firm Pamplona Capital Management's acquisition of Partner in Pet Food (PPF) will be financed by about 220 million euros ($238 million) of leveraged loans, banking sources said on Thursday.

Citigroup planning to sell Prime Re - Bloomberg

Citigroup Inc (C.N) is planning to sell Prime Reinsurance Co, a unit created five years ago when the bank spun off its life insurance business, Primerica Inc (PRI.N), Bloomberg reported.

California Treasurer urges CalSTRS divestment from assault weapon manufacturer-Reuters

California's state treasurer sent a stern letter to the state's teachers' pension fund on Wednesday, asking that the fund's managing partner, Cerberus Capital Management, fully divest from the assault weapon manufacturer, Freedom Group, Reuters reported.

Everstone buys Aon Hewitt's Asia-Pacific payroll business-Reuters

Private equity fund Everstone Capital said on Wednesday it had bought Payfront Technologies Pte Ltd, the Asia-Pacific payroll business of Aon Hewitt, for an undisclosed amount.

Samson Resources says may file for Chapter 11 bankruptcy-Reuters

U.S. oil and gas producer Samson Resources Corp said in a filing on Tuesday that it might file for Chapter 11 bankruptcy protection if the company is unable to refinance its debt obligations.

Ontario Teachers' Pension Plan scouting for energy assets -- Reuters

The Ontario Teachers' Pension Plan, one of Canada's biggest investors, said on Tuesday it is actively scouting for energy assets as it looks to trim positions in oil and gas derivatives and invest instead directly in producing assets, Reuters News reported.

Etsy IPO expected to be priced at $14-$16/share -- Reuters

Etsy Inc, which operates a website that sells handmade goods and craft supplies, said its initial public offering was expected to be priced at $14-$16 per share, Reuters News reported.

GoDaddy IPO values company at $4.5 billion -- Reuters

Web hosting company GoDaddy Inc has priced its initial public offering at $20 per share, above its previously indicated $17 to $19 per share range, valuing it at around $4.5 billion, including debt, sources told Reuters News.

Credit bureau TransUnion files for IPO -- Reuters

TransUnion, one of the largest credit bureaus in the United States, filed with U.S. regulators on Tuesday for an initial public offering of common stock, Reuters News reported.