Unsecured creditors of RadioShack Corp said the electronics retailer timed its bankruptcy to benefit a hedge fund trading strategy even though it cost the company millions of dollars in added losses, according to a court filing that was reported by Reuters News.
2 min read · 19 February 2015
Pinterest Inc, a photo pin-up site, is in talks to raise $500 million in a round of funding that would more than double its valuation to $11 billion, the Wall Street Journal reported, citing people familiar with the matter.
1 min read · 19 February 2015
Credit Bureau TransUnion Corp plans to raise about $800 million in an initial public offering this year, Bloomberg reported, citing people familiar with the matter
1 min read · 19 February 2015
Philadelphia Energy Solutions, a joint venture part owned by Carlyle Group LP, filed with U.S. regulators for an initial public offering, Reuters reported.
1 min read · 18 February 2015
Private equity firm TPG Capital has sold a 17.5 percent stake in PT Bank Tabungan Pensiunan Nasional Tbk (BTPN) to an affiliate of Japan's Sumitomo Corp for 5.93 trillion rupiah ($461.8 million), Reuters News reported.
1 min read · 18 February 2015
Apollo and CVC are in a plan to sell insurer Brit Plc, the Financial Times reported, citing people familiar with the matter, according to Reuters.
1 min read · 18 February 2015
U.S. private equity group Blackstone has hired Bank of America Merrill Lynch and Morgan Stanley as global coordinators to prepare a potential London listing of British-based resorts group Center Parcs, sources told Reuters.
2 min read · 17 February 2015
Buyout group HgCapital is planning a potential 300 million euro ($342 million) sale of nursing home operator Casa Reha as the consolidation of Germany's fragmented healthcare services sector continues apace, sources told Reuters.
2 min read · 17 February 2015
Private equity funds Apollo and CVC are in a plan to sell insurer Brit Plc (BRIT.L: Quote,Profile, Research, Stock Buzz), the Financial Times reported, citing people familiar with the matter.
1 min read · 17 February 2015
Chip maker Freescale Semiconductor has hired investment bankers to explore a possible sale, the New York Post reported, citing a source familiar with the situation.
1 min read · 13 February 2015
