Reuters News

Buyout firms in final act of Stage Entertainment bid battle, say sources - Reuters

Dutch theatre group Stage Entertainment expects final bids for the majority of its theatre business at the end of March, with buyout funds CVC Capital Partners and Providence Equity Partners sources told Reuters.

Vista looking to sell network-security firm Websense -Bloomberg

U.S. private equity firm Vista Equity Partners LLC has hired Citigroup Inc to help it find a buyer for network-security company Websense Inc, Bloomberg reported on Thursday, citing sources.

PAI Partners closes sixth fund at 3.3 bln euros-Reuters

Private equity fund PAI Partners has closed its sixth fund at 3.3 billion euros ($3.5 billion), more than originally planned, the European firm said on Friday.

EQT and Goldman Sachs sell 19 percent of ISS for $1 billion-Reuters

Private equity company EQT and funds advised by Goldman Sachs (GS.N) have sold their 19.3 percent stake in Danish business services firm ISS (ISS.CO) for 7.3 billion Danish crowns ($1.04 billion), ISS said.

TPG Capital-owned Par Pharmaceutical files for IPO-Reuters

Generic drugmaker Par Pharmaceutical Holdings Inc, owned by private equity firm TPG Capital, filed with U.S. regulators for an initial public offering of common stock, Reuters reported.

Leverage for U.S. buyouts hits 2-year low due to new regs: Reuters

U.S. regulators’ attempts to reign in risky lending are proving successful as leverage levels on the biggest buyout loans have fallen to a two-year low, according to Thomson Reuters Loan Pricing Corp data.

As Kleiner Perkins' attorney finishes cross examination, ex-partner Pao keeps cool

The cross examination of Ellen Pao wraps up in her gender discrimination suit against Kleiner Perkins, in which the judge ruled that the firm's bid to discuss her financial motives will not be admissible.

CalPERS expects to pay 8 pct less in fees next year: Bloomberg

The California Public Employees’ Retirement System expects to pay 8 percent less to investment firms next year, Bloomberg reported on Wednesday, according to Reuters.

Dutch car leasing group LeasePlan says in takeover talks-Reuters

Car leasing company LeasePlan is in talks on the sale of the company, a spokeswoman said on Wednesday.

Dubai's Arqaam Capital picks Rothschild as float adviser, say sources-Reuters

Dubai-based financial services firm Arqaam Capital has chosen Rothschild to advise it on its planned stock market flotation in the emirate later this year, sources told Reuters.