South Korean private equity firms MBK Partners and IMM have expressed interest in buying a controlling stake in Asiana Airlines Inc's parent firm, sources told Reuters.
2 min read · 25 February 2015
Private equity firm PAI Partners has sold its 9 percent stake in IT services group Atos, saying the business was "transformed" since July 2008 when it began buying shares, Reuters reported.
1 min read · 25 February 2015
Private equity funds are sitting on record levels of cash. And yet delegates at an industry conference in Berlin are feeling the pressure to generate adequate returns and offer value for money to investors, Reuters News reported.
3 min read · 25 February 2015
Private equity firm Sycamore Partners has abandoned its attempt to buy apparel retailer Chico's FAS Inc (CHS.N: Quote, Profile, Research, Stock Buzz) after failing to secure financing on acceptable terms, the Wall Street Journal reported quoting a person familiar with the matter.
1 min read · 25 February 2015
Technology consultant Computer Sciences Corp drew buyout interest from French consulting company Cap Gemini SA and private equity firm Carlyle Group LP, Reuters News reported.
2 min read · 25 February 2015
Providence Equity Partners LLC, owner of the parent of the grueling yet popular Ironman Triathlon race, is exploring options for the company including a potential sale or initial public offering, sources told Reuters News.
2 min read · 25 February 2015
(Reuters) - Sycamore Partners has abandoned its attempt to buy apparel retailer Chico’s FAS Inc after failing to secure financing on acceptable terms, the Wall Street Journal reported quoting a person familiar with the matter.
1 min read · 25 February 2015
Hong Kong-based Baring Private Equity Asia said on Tuesday it had raised $3.99 billion for its sixth Asia fund, the second-largest private equity funding ever for investments into the region as sovereign wealth funds and other investors flock to growth opportunities in Asia.
1 min read · 24 February 2015
U.S. buyout group Advent is preparing to return German perfume chain Douglas to the stock market as a way of offloading its stake in the group, sources told Reuters.
2 min read · 24 February 2015
Bob Geldof's African private equity fund said on Tuesday it has acquired a 42 percent stake in Orient Bank, a medium-sized Ugandan commercial bank to tap into a growing economy and a largely unbanked population, Reuters News reported.
1 min read · 24 February 2015
