Investors PAI and Goldman Sachs are starting preparations for a stock market listing or sale of building materials group Xella in a potential 2.5 billion euro ($2.7 billion) deal, two people familiar with the matter told Reuters.
1 min read · 25 March 2015
Kraft Foods Group Inc, the maker of Velveeta cheese and Oscar Mayer meats, will merge with ketchup maker H.J. Heinz Co, owned by 3G Capital and Berkshire Hathaway Inc, to form North America's third-largest food and beverage company, Reuters News reported.
2 min read · 25 March 2015
Private equity firm Centerbridge Partners LP has reached a deal to acquire Great Wolf Resorts Inc, the largest U.S. operator of indoor water parks, for $1.35 billion, including debt, sources told Reuters.
2 min read · 24 March 2015
U.S.-based property investment fund Aetos Capital Real Estate is preparing to sell Simplex Investment Advisors, a Japanese real estate asset management firm, seeking as much as 200 billion yen ($1.7 billion), sources told Reuters.
2 min read · 24 March 2015
Britain's Land Securities Group Plc said it had struck a deal to sell its 95 percent stake in an office building in Times Square, London, to real estate funds managed by Blackstone Group LP for 268.4 million pounds ($400.5 million), Reuters News reported.
1 min read · 24 March 2015
Private equity firm Quantum Energy Partners said it would invest up to $1 billion in a new entity to buy and develop oil and gas assets that would be managed by Linn Energy LLC, Reuters News reported.
1 min read · 24 March 2015
Apigee Corp, a developer of software to manage Web applications, has filed with U.S. regulators for an initial public offering, looking to take advantage of interest in companies that offer Internet-related services, Reuters reported.
2 min read · 23 March 2015
Israeli food and drinks maker Strauss Group reported higher quarterly net profit and is examining an initial public offering of its coffee subsidiary on a U.S. stock exchange, Reuters reported.
2 min read · 23 March 2015
Uber Technologies Inc, the online ride-hailing company, has entered into a "strategic partnership" with India's Times Internet, as it looks to expand operations in its largest market outside the United States, Reuters News reported.
1 min read · 23 March 2015
U.S. private equity firm Bain Capital LLC plans to acquire Japan Wind Development Co Ltd through a tender offer in a deal worth up to 9.7 billion yen ($81 million), the Nikkei business daily reported on Monday.
1 min read · 23 March 2015
