Radio station operator Townsquare Media LLC filed with U.S. regulators on Tuesday to raise up to about $143.8 million in an initial public offering, Reuters reported.
2 min read · 25 June 2014
U.S. fast-food chain Del Taco, which specializes in Mexican cuisine as well as American favorites like burgers and fries, is in the early stages of exploring a sale that could fetch more than $500 million, Reuters reported.
2 min read · 25 June 2014
UK private hospital group Spire is to list its shares on the London Stock Exchange, seeking to raise 315 million pounds ($534.6 million) to cut debt and finance its expansion plans, writes Reuters. The company, owned by private equity firm Cinven, will be valued at around 1 billion pounds, excluding debt, in the sale of new and existing shares, writes Reuters.
2 min read · 25 June 2014
(Reuters) - Alberta Investment Management Corp (AIMCo), the $80 billion provincial pension manager, is steering clear of investments tied to existing roads, bridges and transmission lines as their growing popularity squeezes returns.
2 min read · 24 June 2014
Two large groups of investors that control roughly 20 percent of the shares of Tuckamore Capital Management Inc have gone public with their discontent over a management-led buyout of the firm, being sponsored by Birch Hill, a private equity player, Reuters reported.
2 min read · 24 June 2014
Drugmaker Endo International Plc said it would buy privately owned DAVA Pharmaceuticals Inc for $575 million in cash to bolster its generics portfolio, Reuters reported.
1 min read · 24 June 2014
Green Bancorp Inc, a Texas bank owned by three private equity firms, filed with U.S. regulators on Tuesday in an initial public offering of its common stock, Reuters reported.
2 min read · 24 June 2014
KKR is to buy a one-third stake in the energy arm of Spain's Acciona for 417 million euros ($567 million), writes Reuters. The portfolio will include Acciona Energia's operating renewable assets outside Spain, amounting to 2.3 gigawatts across 14 countries including the United States, Italy and South Africa.
2 min read · 24 June 2014
Japanese car electronics maker Pioneer Corp is selling its audio-video operations to Hong Kong-based Baring Private Equity Asia and Pioneer's Japanese rival Onkyo Corp, writes Reuters. Baring will own a 51 percent stake in Pioneer Home Electronics Corp, which makes and sells DVD players, digital photo frames and other audio equipment.
1 min read · 24 June 2014
Creditors of Energy Future Holdings, Texas's largest power company, are turning on each other in court over the bankrupt power company's proposed refinancing plan, sister news service Reuters reported.
2 min read · 23 June 2014
