Hormel Foods Corp said it would buy CytoSport Holdings Inc for about $450 million, to add Muscle Milk sports nutrition products to its portfolio of brands, Reuters reported.
1 min read · 01 July 2014
A former chief executive of Calpers, the largest U.S. public pension fund, plans to plead guilty in a federal conspiracy case, according to his lawyer.
2 min read · 01 July 2014
Club Mediterranee's top shareholder, Andrea Bonomi, outbid French private equity firm Ardian and Chinese conglomerate Fosun International with an offer for the holiday company on Monday, valuing it at 790 million euros ($1.1 billion), Reuters reported.
2 min read · 30 June 2014
Univar Inc, the largest chemical distributor in North America, filed with U.S. regulators on Friday for an initial public offering, Reuters reported.
2 min read · 30 June 2014
Swiss private banking group Edmond de Rothschild has raised $530 million for its first Africa-focused fund, the Financial Times reported on Sunday.
1 min read · 30 June 2014
Companies around the world have raised almost half a trillion dollars by selling shares in 2014 so far - the highest total for the first half of a year since 2007, before the onset of the financial crisis, data showed on Monday.
4 min read · 30 June 2014
Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far in 2014, raising year-to-date global deal volumes to their highest level in seven years.
6 min read · 30 June 2014
France and China have launched a midcap private equity fund to boost investment and exposure between the two following a visit by the Chinese president to France earlier this year, writes Reuters. The Sino French midcap fund has reached a first close of 460 million euros ($627.5 million), according to its backers in line with its target final close of 500 million euros.
1 min read · 30 June 2014
TPG Capital and Carlyle Group are raising up to A$2.57 billion ($2.42 billion) by listing Australian hospital operator Healthscope Ltd, writes Reuters. Australian IPOs have raised $4.8 billion in the first half of 2014, making the country the word's fifth-biggest IPO market, according to Thomson Reuters data.
3 min read · 30 June 2014
Kleiner Perkins Caufield & Byers has filed to raise two new funds totaling $1.2 billion, writes Reuters. The new funds are an early stage growth fund of $450 million known as KPCB XVI and a later-stage fund of $750 million known as KPCB Digital Growth.
2 min read · 30 June 2014
