Morgan Stanley said its Asia private equity unit has raised $1.7 billion in its fourth Asia fund as it seeks investment opportunities in China and South Korea, Reuters reported.
3 min read · 07 July 2014
Formula One's Bernie Ecclestone has raised the possibility of making a multi-billion dollar bid to buy back the sport's commercial rights from owners CVC Capital Partners, writes Reuters. London-based private equity firm CVC are the largest shareholder in Formula One with a stake of around 35 percent.
2 min read · 07 July 2014
3i is considering a sale or initial public offering of its Finish telecommunication unit, Eltel Networks, in a deal that may value it about 1 billion euros ($1.4 billion) including debt, Bloomberg reported, writes Reuters. Morgan Stanley and French bank BNP Paribas SA were advising on the sale, according to reports.
1 min read · 07 July 2014
Activist hedge fund Jana Partners LLC said it planned to ask PetSmart Inc to explore a sale, underlining troubles at the pet products retailer, Reuters reported.
2 min read · 03 July 2014
China's Huaxia Dairy Farm Ltd said on Wednesday it has received $106 million in investment capital from a consortium led by Singapore sovereign wealth fund GIC and private equity firm Olympus Capital, to expand its farming operations and retail dairy business, Reuters reported.
1 min read · 03 July 2014
Australia's CHAMP Private Equity sold industrial transport company LCR Group to rival buyout firm Archer Capital after a logistics business which had an option to buy LCR failed to bid, a source familiar with the deal told Reuters.
1 min read · 03 July 2014
India's ReNew Power Ventures Pvt Ltd has raised $140 million from three investors, including a private equity fund managed by Goldman Sachs, the renewable energy firm said on Thursday.
1 min read · 03 July 2014
Facebook Inc is acquiring video advertising company LiveRail in the Internet social network's latest step to make video ads a bigger part of its business, Reuters reported.
1 min read · 03 July 2014
Swedish private equity firm Altor said on Thursday it had raised 2 billion euros ($2.73 billion) for its fourth buyout fund, the same amount it raised for a fund in 2008.
1 min read · 03 July 2014
Lululemon Athletica Inc founder Dennis Wilson's advisers have been talking to private equity firms to find out if they are interested in buying the yoga gear maker, the Wall Street Journal reported, writes Reuters. Leonard Green & Partners is among the interested parties, according to reports.
1 min read · 03 July 2014
