Apple Inc is close to paying a record $3.2 billion for Beats Electronics, two people with knowledge of the matter said, an expensive foray into music streaming and headphone gear that would mark a departure for the usually cash-conservative iPhone maker.
4 min read · 09 May 2014
Apollo Global Management LLC (APO.N), manager of the largest private equity fund since the financial crisis, said on Thursday its buyout funds appreciated much less than before and that it saw more opportunities to increase its credit investment assets.
3 min read · 09 May 2014
Viper Energy Partners LP, an affiliate of oil and gas company Diamondback Energy Inc, filed with U.S. regulators on Wednesday to raise up to $100 million in an initial public offering of common stock.
1 min read · 08 May 2014
Brazilian online sports goods retailer Netshoes has received a new round of $170 million investment led by Singapore's sovereign wealth fund GIC, Reuters reported.
1 min read · 08 May 2014
CVC Capital Partners has agreed to buy South Korea's KFC franchise from a subsidiary of Doosan Co Ltd for 100 billion won ($98 million), Doosan said on Thursday.
2 min read · 08 May 2014
Boot Barn's private equity owners are preparing an initial public offering later this year for the retailer and are in the process of interviewing banks, sources told Reuters.
1 min read · 08 May 2014
Gannett Co Inc (GCI.N), one of the newspaper owners of Cars.com, is exploring a bid for all of the auto sales website and has discussed teaming up with private equity firms in a deal that could reach $3 billion, people familiar with the matter said.
2 min read · 08 May 2014
Private equity firm GI Partners is in exclusive talks to acquire Peak 10 Inc in a deal that could value the information technology infrastructure company at between $800 million and $900 million, according to people familiar with the matter.
2 min read · 08 May 2014
Part-way through Alibaba Group Holding Ltd's long-awaited IPO prospectus was a subtle, but striking, warning: investors should know that lead founder and executive chairman Jack Ma might work against the company's best interests.
4 min read · 08 May 2014
Google Ventures has led a $130 million investment in oncology-data company Flatiron Health, writes Reuters. Flatiron was founded in 2012.
2 min read · 08 May 2014
