VTB Capital, the investment arm of sanctioned Russian lender VTB Bank (VTBR.MM), has made a cash payment to secure a deal to buy most of Italian fashion house Roberto Cavalli before the end of November, two sources familiar with the situation said.
3 min read · 08 October 2014
Dutch private equity group Waterland is in exclusive talks to buy Median Kliniken, Germany's largest private sector chain of health rehabilitation clinics, sources told Reuters.
1 min read · 07 October 2014
Medical equipment supplier Becton Dickinson & Co's (BDX.N) acquisition of medical device manufacturer CareFusion (CFN.N) will be financed with a $9.1 billion bridge loan, bankers said on Tuesday.
2 min read · 07 October 2014
Private equity buyout firm TPG has approached troubled British grocer Tesco PLC to buy its data gathering and analysis subsidiary Dunnhumby, which is worth well over 2 billion sterling, the Sky News reported on Monday.
1 min read · 07 October 2014
U.S. private equity firm KKR has agreed to buy two French power plants from Austria's Verbund for around 150 million euros ($188 million), helping the utility draw a line under a foray into France that left it nursing losses, Reuters reported.
2 min read · 07 October 2014
Credit investment and private equity firm Oaktree Capital Group LLC appointed Jay Wintrob as CEO, effective Nov. 1.
1 min read · 07 October 2014
Apollo Global Management LLC (APO.N) and Riverstone Holdings LLC are preparing Talos Energy LLC for an initial public offering that could value the oil and gas company at over $2 billion, including debt, sources told Reuters.
2 min read · 06 October 2014
Luxury shoe maker Jimmy Choo (IPO-JIM.L) is on course to join London's main stock market next week with a value of up to $1.1 billion, industry sources said, citing the initial price range quoted by banks arranging the sale.
4 min read · 06 October 2014
Hewlett-Packard Co (HPQ.N) said it would split into two listed companies, separating its computer and printer businesses from its faster-growing corporate hardware and services operations.
3 min read · 06 October 2014
JPMorgan Chase & Co has teamed up with unregulated lenders to underwrite a highly leveraged buyout financing for the acquisition of business software maker Tibco Software Inc, which could contravene regulatory guidelines on risky lending, sister magazine Thomson Reuters IFR reported, citing sources.
3 min read · 04 October 2014