Reuters News

Private equity firm Everstone hires top Goldman official as CEO: Reuters

India-focused private equity fund Everstone Group has hired a top executive from Goldman Sachs in Asia as its new chief executive, it said on Tuesday.

Private equity funds bid for Finnish insulation firm Paroc, say sources-Reuters

Private equity funds TPG, Nordic Capital, CVC and Cinven are among those to have put in first-round bids for Finnish insulation material maker Paroc, sources told Reuters.

Online home furnishings retailer Wayfair files for IPO-Reuters

Online home-furnishings retailer Wayfair Inc filed for an initial public offering of its Class A common stock, the company said in a regulatory filing with the U.S. Securities and Exchange Commission on Friday.

United Internet buys stake in Rocket Internet-Reuters

German Internet service provider United Internet AG is investing 435 million euros ($582 million) for a 10.7 percent stake in venture capital group Rocket Internet,, Reuters reported.

Switzerland's Partners Group to buy majority of Spain's Savera for $325 mln, say sources-Reuters

Swiss investment manager Partners Group Holding AG has agreed to buy the majority of China-focused elevator guide rail maker Savera Group for around 2 billion yuan ($325 million), sources told Reuters.

Dollar General enters race for Family Dollar with $8.95 billion bid-Reuters

Dollar General Corp (DG.N) offered to buy Family Dollar Stores Inc (FDO.N) for $8.95 billion, trumping an offer by Dollar Tree Inc (DLTR.O), to strengthen its position as the No. 1 U.S. discount retailer, Reuters reported.

Burger chain Shake Shack preparing for an IPO: Reuters

Shake Shack, the fast-food restaurant chain famous for its hamburgers and milkshakes, is preparing to go public, seeking to tap stock market demand for popular casual dining companies.

Canada's Alberta Investment Management buys OMERS mortgage portfolio-Reuters

Canada's Alberta Investment Management Corp said on Friday it had acquired a C$520.3 million ($477 million) mortgage portfolio from the Ontario Municipal Employees Retirement System (OMERS), Reuters reported.

Singapore's GIC takes 18.5 pct stake in Brazil education firm April-Reuters

Singapore sovereign wealth fund GIC said on Friday it has acquired an 18.5 percent stake in Brazilian education services company Abril Educacao SA., Reuters reported.

China's AVIC confirms interest in buying aircraft lessor Avolon-Reuters

A subsidiary of Aviation Industry Corporation of China (AVIC) said on Friday it was in talks to buy Dublin-based aircraft leasing firm Avolon, confirming media reports that takeover discussions were under way, Reuters reported.