KKR has launched an offer to take full control of German cutlery and coffee-machine maker WMF, which it then would delist from the Frankfurt stock exchange.
1 min read · 14 July 2014
Fred Buenrostro admitted that he intentionally conspired with a former California Public Employees' Retirement System board member and others to accept bribes and devise a fraudulent scheme involving Calpers' investments, Reuters reported.
3 min read · 11 July 2014
Fred Buenrostro admitted that he intentionally conspired with a former California Public Employees' Retirement System board member and others to accept bribes and devise a fraudulent scheme involving Calpers' investments, Reuters reported.
3 min read · 11 July 2014
Silver Lake Partners LP agreed to pay $29.5 million to settle a lawsuit that accused it and several other large private equity firms of conspiring not to outbid each other on takeovers prior to the financial crisis, court records showed.
2 min read · 11 July 2014
Germany's largest private-sector chain of rehabilitation clinics, Median Kliniken, has been put up for sale by its private-equity owners, sources told Reuters, as the German healthcare facilities market consolidates further.
1 min read · 11 July 2014
Friends Life Group Ltd said it would sell Lombard, its European wealth advisory arm, to Blackstone Group for an initial consideration of 317 million pounds ($532 million), and use part of the proceeds to buy back shares, Reuters reported.
2 min read · 11 July 2014
Dutch software company Exact Holding is in sale talks with a series of private equity funds, including Apax and KKR, in a deal to take the company private that could be worth around one billion euros ($1.4 billion), sources told Reuters.
2 min read · 11 July 2014
San Francisco-based 137 Ventures said it raised $137 million for its second fund, underscoring the eagerness of investors to buy shares in start-ups before they hold initial public offerings, Reuters reported.
1 min read · 10 July 2014
SSP Group has priced its London float at 210 pence per share, the bottom of its revised range, giving the owner of Upper Crust and Caffe Ritazza a market valuation of just under 1 billion pounds ($1.7 billion), the Telegraph reported on Wednesday.
1 min read · 10 July 2014
Global investment company Kohlberg Kravis Roberts & Co LP has joined with Pacific Equity Partners (PEP) to ready a joint bid for compliance company SAI Global, Australian media reported on Thursday.
1 min read · 10 July 2014