British private equity firm CVC Capital Partners is selling a 7.5 percent stake in Spain's Abertis, broker UBS said on Tuesday, halving its stake in the infrastructure firm and raising over 1 billion euros ($1.12 billion).
1 min read · 04 March 2015
Novetta Solutions LLC, a provider of software and IT services to the U.S. intelligence community, is exploring a sale which could value it at more than $650 million, including debt, sources told Reuters.
2 min read · 04 March 2015
U.S. private equity firm Hellman & Friedman and U.S. asset manager Fortress Investment Group are lining up a joint bid for Italian bank services provider ICBPI, ahead of a March 23 deadline, two sources familiar with the matter said.
2 min read · 04 March 2015
Britain agreed to sell its 40 percent stake in the Eurostar rail link for 585 million pounds ($899.79 million) to a consortium of Canadian public pension fund Caisse de Depot du Placement du Quebec and British asset manager Hermes, Reuters reported.
2 min read · 04 March 2015
The operating unit of casino company Caesars Entertainment Corp unveiled its plan to cut $10 billion of debt and to exit Chapter 11 in a late Monday filing with a U.S. Bankruptcy Court, Reuters News reported.
2 min read · 04 March 2015
Macquarie Group on Wednesday said it will raise A$500 million ($390.65 million) to fund its $4 billion acquisition of a portfolio of planes from AWAS Aviation Capital Ltd, one of the world's biggest aircraft lessors, Reuters News reported.
1 min read · 04 March 2015
John Doerr took the stand Tuesday in Ellen Pao's discrimination suit against Kleiner Perkins Caufield & Byers, as the trial continues.
3 min read · 04 March 2015
Onetime highflying tech executive Ray Lane testified on Monday during a sex discrimination trial involving his former employer, Kleiner Perkins Caufield & Byers, that he made a mistake in judgment involving the harassment of a female venture capitalist at the firm.
2 min read · 03 March 2015
The Waddington Group, a private equity-owned manufacturer of plastic plates, cups and cutlery, is exploring a sale that could value the company at around $1.5 billion, including debt, sources told Reuters.
1 min read · 03 March 2015
Truven Health Analytics Inc, a U.S. provider of data to hospitals, doctors and companies, is preparing for an initial public offering it hopes will value it at more than $3 billion, including debt, sources told Reuters.
2 min read · 03 March 2015
