Facebook Inc (FB.O) acquired a company that makes voice recognition technology for wearable devices and Internet- connected appliances, the latest sign of its ambition to extend its reach beyond computers and smartphones, Reuters reported.
1 min read · 06 January 2015
India's AGS Transact Technologies, partly owned by U.S. private equity firm TPG Capital, is set to file an application for an initial public offering to raise up to $200 million, sources told Reuters.
1 min read · 06 January 2015
US-based private equity firm Golden Gate Capital will back its acquisition of US-based ANGUS Chemical Company with $795 million of debt financing, banking sources told Reuters.
1 min read · 06 January 2015
Greek yogurt maker Chobani, which is recovering from a product recall, on Monday said it will name a new chief executive to replace its founder and may appoint its acting president, a turnaround expert from private equity firm TPG which lent the company $750 million last year.
2 min read · 06 January 2015
European private equity firm Cinven's acquisition of the public-sector division of British software firm Northgate Information Solutions will be backed with 285 million pounds ($434 million) of debt financing, banking sources told Reuters.
1 min read · 05 January 2015
Micromax Informatics, India's second-largest smartphone maker, plans to raise as much as $500 million through a stock market listing in its financial year beginning in April, the Economic Times newspaper reported on Saturday.
1 min read · 05 January 2015
A U.S. hedge fund founder and former private equity executive was found shot to death in his Manhattan apartment on Sunday, and New York police are seeking his son for questioning, authorities said.
1 min read · 05 January 2015
The Bank of Portugal said on Wednesday that 17 institutions have expressed interest in the sale of Novo Banco, the bank created after the collapse of Banco Espirito Santo in August.
2 min read · 02 January 2015
Private equity firm BC Partners said on Wednesday it will sell a 40.25 percent stake in its supermarket chain Migros (MGROS.IS) to Turkish conglomerate Anadolu Endustri Holding AS, Reuters reported.
1 min read · 02 January 2015
Oaktree Capital Management and other lenders are close to striking a deal with Providence Equity Partners to take control of the security company that vetted former spy agency contractor Edward Snowden, the New York Post reported.
1 min read · 31 December 2014
