Three longtime banks for private equity firm KKR & Co LP have snubbed a request for a $725 million buyout loan over concerns it is too risky to pass muster with U.S. regulators, Reuters reported, citing sources familiar with the situation.
3 min read · 30 May 2014
GlaxoSmithKline (GSK.L) has invited private equity firms to consider making offers for a range of its older drugs sold in Western markets, Reuters reported, citing three people with direct knowledge of the matter.
3 min read · 29 May 2014
(Reuters) Sequoia Capital, best known for its early stage investments in companies such as Google, has raised $530 million for its fourth India-focused fund, the U.S. venture capital fund said in a statement.
1 min read · 29 May 2014
HackerOne, a California-based security firm, said on Wednesday it had raised $9 million to expand its program to reward researchers who find software flaws, Reuters reported.
2 min read · 29 May 2014
TerraForm Power Inc, a unit that solar company SunEdison Inc created to own and operate some of its solar power plants, filed for an initial public offering to raise up to $50 million, Reuters reported.
2 min read · 29 May 2014
Apple Inc (AAPL.O) will buy Beats for about $3 billion and bring recording mogul Jimmy Iovine into its ranks, hoping to win points with the music industry and help it catch up in fast-growing music streaming.
3 min read · 29 May 2014
The A$500 million ($460.93 million) IPO of Australian hotel chain Mantra will proceed after investors who rebuffed it two months ago changed their minds in light of strong performances from other floats, writes Reuters. The flotation will give owners CVC Asia Pacific Ltd and UBS AG an exit from an asset they have wanted to sell for years, writes Reuters.
2 min read · 29 May 2014
Dutch pension fund APG Asset Management will pay up to $650 million to take a 20 percent stake in Chinese warehouse firm e-Shang, also setting up a joint venture to expand in China, writes Reuters. E-shang is backed by private equity firm Warburg Pincus.
1 min read · 29 May 2014
The owners of Norwegian cable firm Get plan to list its shares on the stock market and have hired banks to advise on an offering that could value it at around 15 billion Norwegian crowns ($2.5 billion) including debt, sources told Reuters.
2 min read · 28 May 2014
Irish packaging company Ardagh Group plans to hold its long-planned initial public offering (IPO) in the United States in the second half of 2015 and will not seek to raise private equity ahead of the share sale, its chairman said on Wednesday.
1 min read · 28 May 2014
