Private equity group Advent International and its partner the European Bank for Reconstruction and Development (EBRD) have clinched a deal to buy the Balkans network of nationalised Austrian lender Hypo Alpe Adria for up to 200 million euros ($245 million), the finance ministry said on Tuesday.
1 min read · 23 December 2014
Canadian performance company Cirque du Soleil has hired investment bank Goldman Sachs Group Inc (GS.N) to help in its previously disclosed effort to find a strategic partner, a spokeswoman for the company said on Friday.
2 min read · 22 December 2014
Germany's Gerry Weber (GWIG.DE) said on Monday it had agreed to buy fashion group Hallhuber from private equity firm Change Capital Partners LLP, expanding into a market catering to women in their mid-twenties and above, Reuters reported.
1 min read · 22 December 2014
China's Xiaomi is raising over $1 billion from investors including Singapore sovereign wealth fund GIC that would value the smartphone maker at over $45 billion, a source told Reuters.
3 min read · 22 December 2014
Flipkart, India's largest online retailer, on Saturday said it had raised funding worth $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country.
1 min read · 22 December 2014
Chief executives got their deal-making confidence back in 2014, emboldened by a clearer outlook for their businesses to take the global value for mergers and acquisitions (M&A) to their highest annual level since 2007.
4 min read · 22 December 2014
HKBN Ltd, the second-largest broadband Internet provider in Hong Kong, filed late on Friday for an initial public offering, with shareholders including private equity firm CVC Capital Partners Ltd set to cut their stakes as part of the deal, Reuters reported.
1 min read · 19 December 2014
Private equity firm Fortress Investment Group LLC is exploring a sale of TRAC Intermodal LLC, a logistics equipment leasing company that could be valued at more than $1.7 billion, sources told Reuters.
2 min read · 19 December 2014
Clothing manufacturer American Apparel Inc has been approached by private equity firm Irving Place Capital for a possible takeover, The Wall Street Journal reported, citing sources.
1 min read · 19 December 2014
Thai Union Frozen Products PCL , the world's biggest producer of canned tuna, has agreed to buy U.S. peer Bumble Bee Seafoods for $1.5 billion as part of a plan to double revenue through overseas acquisitions.
3 min read · 19 December 2014
