State-backed Royal Bank of Scotland (RBS.L) said attracting private equity firms to inject cash into its Irish arm was one of several options it was considering as part of a restructuring of its Ulster Bank business.
1 min read · 25 July 2014
Asset manager Legg Mason Inc said it would buy UK-based international equity specialist firm Martin Currie, continuing an effort to revamp its business, Reuters reported.
2 min read · 24 July 2014
Private equity firm Advent International and a Bulgarian-Russian consortium led by businessman Denis Barekov are favorites to buy Hypo Alpe Adria's Balkan bank network, sources told Reuters.
2 min read · 24 July 2014
Israel-based Atox Bio, a developer of therapeutics for severe infections, said on Thursday it has raised $23 million in an investment round led by SR One, the healthcare venture capital fund of GlaxoSmithKline.
1 min read · 24 July 2014
Private equity giants TPG Capital Ltd and Carlyle Group LP will price shares in Australian hospital company Healthscope Ltd at A$2.10 ($1.98) each, the upper end of the target range, a person familiar with the sale told Reuters.
2 min read · 24 July 2014
U.S. small-business lender CIT Group Inc said it would buy California bank OneWest Bank NA for $3.4 billion in cash and stock, a deal that will give CIT a more reliable source of funding, Reuters reported.
3 min read · 23 July 2014
PetSmart Inc has hired investment bank JPMorgan Chase & Co to evaluate a range of alternatives, including a leveraged share buyback and a potential deal with private equity, according to people familiar with the matter.
2 min read · 23 July 2014
Ascent, a Kenyan private equity firm, has raised $50 million for investment in about a dozen fast-growing companies across the east Africa region, it said on Wednesday.
1 min read · 23 July 2014
European private equity firm BC Partners has appointed Bank of America Merrill Lynch and Goldman Sachs to run the listing of its OVS Industry fashion chain, sources told Reuters.
1 min read · 22 July 2014
WH Group Ltd is set to raise $2.05 billion in a scaled-down Hong Kong initial public offering, a person with direct knowledge said on Tuesday, the Chinese pork producer's second attempt to list this year after investors rebuffed a pricier deal.
2 min read · 22 July 2014
