Belgian diaper maker Ontex plans to raise up to 620 million euros ($844 million) in one of Europe's biggest new listings this year, writes Reuters. Private equity firm TPG and Goldman Sachs acquired the company in 2010.
2 min read · 11 June 2014
Google Inc snaps up another aerospace company as it acquires VC-backed satellite company Skybox Imaging, which was seeded by Khosla Ventures.
2 min read · 10 June 2014
Swedish private equity firm EQT is planning to announce a London initial public offering (IPO) of food outlet operator SSP next week, sources told Reuters.
1 min read · 10 June 2014
Botox maker Allergan Inc on Tuesday rejected a sweetened $53 billion takeover offer from Valeant Pharmaceuticals International and activist investor William Ackman, reiterating that it undervalues the company and is too risky for shareholders, Reuters reported.
2 min read · 10 June 2014
Private equity firm PAI Partners said it was in exclusive talks to buy a majority stake in DomusVi to help the French nursing home company boost its position in France and pursue growth abroad, Reuters reported.
1 min read · 10 June 2014
Aircraft leasing company Avolon Holdings Ltd filed with U.S. regulators on Monday to hold an initial public offering, but said it has not decided how much it planned to raise.
2 min read · 10 June 2014
Web hosting company GoDaddy Inc filed with U.S. regulators on Monday to raise up to $100 million in an initial public offering of Class A common stock.
2 min read · 10 June 2014
Investors in private equity are turning their backs on established funds and putting their money in new vehicles and individual deals as returns struggle to regain pre-crisis highs, according to a survey from secondary market investor Coller Capital, writes Reuters. Over the next two years, more than four-fifths of investors in private equity will decide against reinvesting in managers whose last two funds they backed, according to data from the survey.
2 min read · 10 June 2014
Okta has raised $75 million just nine months after its last funding round, writes Reuters. Okta helps companies manage computer log-ins.
1 min read · 10 June 2014
Britain's Lloyds Banking Group has priced the stock market listing of its TSB business at below book value, aiming to attract investors amid a flurry of new issues and make progress on a much-delayed, costly sale, Reuters reported.
3 min read · 09 June 2014