Brazilian hospitals and health clinics are drawing strong interest from global buyout firms after the government recently decided to allow foreign ownership of those facilities, although the suitors may find only a few promising targets, Reuters reported.
3 min read · 27 February 2015
Samson Resources Corp, a debt-laden oil and gas exploration and production company struggling with low energy prices, has hired restructuring advisers Kirkland & Ellis LLP and Blackstone Group LP, a source told Reuters.
1 min read · 27 February 2015
Ant Financial Services Group, Alibaba's affiliate which runs online payment platform Alipay, is seeking to raise up to $4 billion in a private placement of shares and is looking at a domestic IPO in 2017, the state-run Shanghai Securities News reported.
2 min read · 27 February 2015
Trae Vassallo, a former GP at Kleiner Perkins, took the stand this week in Ellen Pao's discrimination lawsuit against the firm, to testify how she also received advances from Ajit Nazre.
3 min read · 27 February 2015
U.S. private equity fund TPG Capital Management will buy a "significant minority stake" in Indian private hospital operator Manipal Health Enterprises Ltd for 9 billion rupees ($145.86 million), the companies said in a joint statement on Thursday.
1 min read · 26 February 2015
European investment fund Star Capital is launching preparations to sell German cable group Pepcom and a separate deal to dispose of a stake in Eleclink, a company running a power cable connecting Britain and France, sources told Reuters.
2 min read · 26 February 2015
Online car marketplace operator Auto Trader has announced its intention to proceed with a flotation on the London Stock Exchange, Reuters News reported.
2 min read · 26 February 2015
Private equity group Terra Firma is planning to launch the sale of its European cinema chain Odeon & UCI Group toward the end of the year in a potential 1 billion pound ($1.55 billion) deal, its chairman told Reuters.
2 min read · 26 February 2015
Hewlett-Packard Co (HPQ.N:Quote, Profile, Research, Stock Buzz) is in talks to buy wifi network gear maker Aruba Networks Inc (ARUN.O: Quote, Profile, Research, Stock Buzz) and a deal may be announced as soon as next week, Bloomberg reported, citing people with knowledge of the matter.
1 min read · 26 February 2015
Two Canadian technology companies have secured millions of dollars to expand promising operations in online authentication and business performance monitoring, Reuters reported. Toronto's SecureKey Technologies raised $19 million from existing investors, including Rogers Venture Partners and Blue Sky Capital, while Ottawa's Klipfolio raised $6.2 million in a deal led by new investor OMERS Ventures.
2 min read · 25 February 2015
