Goldman Sachs and private equity firm Warburg Pincus are among the investors nearing a deal to buy an up to 20 percent stake in China Huarong Asset Management Ltd for about $2 billion, people familiar with the matter told Reuters.
1 min read · 22 July 2014
German private equity firm Aurelius said on Monday it is buying Reckitt Benckiser's Scholl shoe business in its efforts to expand internationally, betting on the brand's growth potential, Reuters reported.
1 min read · 21 July 2014
Opponents of a long-shot plan to break California into six states demanded an investigation on Thursday into the signature-gathering techniques used by proponents trying to put their proposal before voters in 2016.
2 min read · 21 July 2014
Catalent Inc, controlled by Blackstone Group LP, said it expects its initial public offering to be priced between $19 and $22 per share, valuing the health technology company at about $2.57 billion at the top end, Reuters reported.
1 min read · 18 July 2014
Private equity firm Sycamore Partners is in talks with regional discount store operator Fred's Inc about a potential takeover, sources told Reuters.
2 min read · 18 July 2014
U.S. private equity firm General Atlantic is in talks to buy a 2 to 5 percent stake each in India's Just Dial Ltd and Info Edge India Ltd, two sources told Reuters.
1 min read · 18 July 2014
British hospital group Spire Healthcare opened up slightly at 211 pence a share in its London stock market debut, after pricing at 210 pence, the bottom of the range and valuing the firm at 842 million pounds ($1.4 billion).
2 min read · 18 July 2014
Blackstone Group LP, KKR & Co LP and TPG Capital LP are in talks to settle a U.S. lawsuit accusing them of conspiring not to outbid each other and other buyout firms on takeovers of companies, two people familiar with the matter said on Thursday.
2 min read · 18 July 2014
Japan's public pension fund has hired a London-based private equity executive for its investment committee, as Prime Minister Shinzo Abe aims to make the fund more capable of riskier investments and less concentrated in government bonds.
2 min read · 18 July 2014
The Carlyle Group LP raised about $78 million by selling its entire holding in India's Repco Home Finance Ltd, exchange data showed, making a near nine-fold return on its six-year old investment, Reuters reported.
1 min read · 17 July 2014
