anadian private equity firm Onex Corp and entertainment company Cineplex Inc have together emerged as the leading contender to buy restaurant and arcade chain Dave & Buster's Inc, the Wall Street Journal reported, citing people familiar with the matter.
1 min read · 15 April 2014
Barcode printer maker Zebra Technologies Corp said it would buy Motorola Solutions Inc's enterprise business, which makes rugged mobile computers, tablets and barcode scanners, for $3.45 billion in cash, Reuters reported.
2 min read · 15 April 2014
The global private equity industry will focus more on emerging markets in coming years as Brazil and China become the leading global recipients of capital from the sector, a senior industry executive said on Monday.
2 min read · 15 April 2014
Morgan Stanley's private equity arm is in advanced talks to sell Learning Care Group Inc, the second-largest for-profit child care provider in North America, to buyout firm American Securities LLC, sources told Reuters.
2 min read · 14 April 2014
Japanese railway and property conglomerate Seibu Holdings set its IPO price at 1,600 yen, the low end of a tentative range announced last week, according to a filing.
1 min read · 14 April 2014
Malaysia's largest asset manager Permodalan Nasional Bhd has partnered with Tokyo-based Inspire Corp to form Japan's first fund devoted to investing in Malaysian sharia-compliant firms, Reuters reported.
1 min read · 14 April 2014
Private equity firm Blackstone (BX.N) is set to launch a $4.2 billion financing to back its $5.4 billion acquisition of auto parts maker Gates Global. The deal is the second-largest U.S. leveraged buyout financing of the year, according to Thomson Reuters data, and is also the largest private equity buyout of an industrial company in more than four years.
2 min read · 14 April 2014
French private equity firm Ardian said on Monday it had sold food ingredient maker Diana to Germany's Symrise in a deal valuing the business at around 1.3 billion euros ($1.81 billion).
1 min read · 14 April 2014
Blackstone and Goldman Sachs' investment arm are set to buy Ipreo from KKR in a private equity secondary deal that values the data company at $975 million, the Financial Times reported, writes Reuters. The planned sale comes barely three years after KKR acquired Ipreo for $425 million, writes Reuters.
3 min read · 14 April 2014
Demonstrations against the grip on San Francisco held by wealthy technology workers took a personal turn on Friday with protesters taking aim at a Google lawyer they say personifies the tensions being stirred by abundant tech money, sister news service Reuters reported. One of those targeted recently is Kevin Rose, a partner at Google Ventures.
3 min read · 11 April 2014