Marquette Transportation Company LLC, a U.S. towboat operator, is exploring a sale that could value it at more than $1 billion and has attracted the interest of Dell Inc Chief Executive Officer Michael Dell, according to people familiar with the matter.
1 min read · 30 January 2015
Blackstone Group LP, the world's largest alternative asset manager, reported a 6 percent decline in fourth-quarter profit on Thursday as its real estate funds appreciated less than they did a year ago.
2 min read · 29 January 2015
The private equity firm TPG Capital LP has sued former spokesman Adam Levine, accusing him of taking confidential documents and distributing them to the New York Times and other media after being denied a promotion to a partnership position.
2 min read · 29 January 2015
Burger chain Shake Shack Inc (SHAK.N) now expects its initial public offering to be priced at $17-$19 per share, up from $14-$16 expected earlier, valuing the company at up to $674.5 million, Reuters reported.
2 min read · 29 January 2015
Australian mining products maker Bradken Ltd said private equity bidders Bain Capital and Pacific Equity Partners pulled a $730 million takeover proposal because of volatility in the commodities sector, sending its shares down by a third.
2 min read · 28 January 2015
Phatisa's $246 million African Agriculture Fund has invested in General Plastics, a Kenyan manufacturer of packaging products, the private equity firm said on Wednesday.
1 min read · 28 January 2015
A consortium that includes Canadian asset management firm InstarAGF Asset Management Inc and fund manager AGF Management sealed a deal to acquire the passenger terminal at Toronto's island airport from Porter Aviation Holdings Inc, Reuters reported. The consortium, called Nieuport Aviation Infrastructure, also includes Kilmer Van Nostrand Co, Swiss private equity firm Partners Group and a group of institutional investors.
2 min read · 27 January 2015
Japan's Orix Corp and South Korean private equity firm Pinestreet have submitted bids for a controlling stake in securities brokerage Hyundai Securities Co Ltd, a source told Reuters.
1 min read · 27 January 2015
Bateel, which makes chocolate-covered dates and other delicacies, is looking to sell a minority stake and two international investors are said to be interested, sources told Reuters.
2 min read · 27 January 2015
Chinese online food delivery service Ele.me said on Tuesday it has raised $350 million from investors including CITIC Private Equity, Tencent Holdings Ltd (0700.HK), JD.com Inc (JD.O), Dianping and Sequoia Capital.
2 min read · 27 January 2015
