A planned sale of shares in Indonesian Internet service provider PT Link Net Tbk by CVC Capital Partners and other shareholders has been cut by a third to around $455 million as investors fret over prospects for reform in the country, Reuters reported.
2 min read · 24 October 2014
Spanish cement company Cementos Portland Valderrivas majority owned by FCC, has approached Blackstone over the refinancing of 345 million euros ($436.36 million) of debt, a source close to the matter said on Friday.
1 min read · 24 October 2014
Last year Madrid’s city and regional governments sold almost 5,000 rent-controlled flats to private equity investors including Goldman Sachs and Blackstone. At the time, the tenants were told their rental conditions would remain the same, Reuters reported.
9 min read · 24 October 2014
A senior U.S. Securities and Exchange Commission official on Thursday urged private equity firms to follow Blackstone Group LP's decision to stop a controversial fee practice in its portfolio companies, Reuters reported.
1 min read · 23 October 2014
Dubai-based private equity firm TVM Capital Healthcare Partners plans to invest $200 million over the next four year to expand its companies across the Gulf Arab region and India, its chairman told Reuters.
2 min read · 23 October 2014
Philippine specialty retailer SSI Group Inc priced its initial public offering (IPO) at the top end of its indicative range, allowing it to raise $166 million in the country's third and biggest maiden share sale this year, Reuters reported.
1 min read · 23 October 2014
Bankers are preparing debt financing packages of around 250 million pounds (400.70 million US dollar) to back private equity firm Warburg Pincus' potential sale of UK survival equipment company Survitec, banking sources said on Thursday.
1 min read · 23 October 2014
Private equity firm KKR & Co LP reported a lower-than-expected 27 percent year-on-year drop in third-quarter profit on Thursday, as its holdings appreciated more than many analysts foresaw and it generated more cash by exiting its investments.
2 min read · 23 October 2014
China Grand Automotive Services, the country's largest car dealership, has decided to put on hold an up to $800 million Hong Kong initial public offering, IFR reported on Thursday, sources told IFR, a Thomson Reuters publication.
1 min read · 23 October 2014
Private equity firms are circling Bayer's (BAYGn.DE) 10 billion-euro ($12.7 billion) plastics business, hoping to divert the German drugmaker from its plan to list the division, sources told Reuters.
2 min read · 22 October 2014
