Private equity firm Clayton Dubilier & Rice LLC (CD&R) is the frontrunner among four bidders for Germany-based, but Dubai-owned, packaging group Mauser, Britain's Sky News reported on its website on Saturday, without citing its sources.
1 min read · 24 March 2014
China's largest internet company Tencent has agreed to spend $180 mln on a 15 percent stake in online services provider Leju Holdings, stepping up its rivalry with fellow online heavyweight Alibaba Group, Reuters reported.
1 min read · 24 March 2014
Mobileye, whose collision-avoidance technology has been adopted in cars made by the likes of BMW and General Motors is planning an initial public offering on Nasdaq this year, the Calcalist financial news website said on Monday.
2 min read · 24 March 2014
GrubHub Inc said it expects to price its initial public offering of 7.03 million shares at $20-$22 per share, valuing the largest U.S. online food delivery services provider at up to $1.72 billion, Reuters reported.
2 min read · 24 March 2014
Japan Bank for International Cooperation (JBIC) and Sumitomo Mitsui Trust Bank said they have agreed to invest in CVC Capital Partners Ltd's CVC.UL fourth Asian fund, which is seeking to raise around $3 billion.
2 min read · 24 March 2014
Private equity firms Advent International and Bain Capital, along with Danish pension fund ATP, are to buy payment services company Nets Holding from a group of Nordic banks for 17 billion Danish crowns ($3.14 billion), writes Reuters. Nets is was owned by a group of 186 banks.
2 min read · 24 March 2014
Japan Bank for International Cooperation and Sumitomo Mitsui Trust Bank are to invest in CVC Capital Partners' fourth Asian fund, which is seeking to raise around $3 billion, writes Reuters. London-based CVC plans to invest the fund in companies across the region, in countries such as Indonesia, Malaysia, the Philippines and China.
2 min read · 24 March 2014
Media General Inc said it would buy LIN Media LLC for $1.6 billion to create a broadcaster reaching nearly a quarter of U.S. households with a television, Reuters reported.
2 min read · 21 March 2014
2 min read · 21 March 2014
Private equity firm Golden Gate Capital disclosed a 9.5 percent stake in women's apparel retailer Ann Inc and said it believed the company's stock was undervalued, Reuters reported.
1 min read · 21 March 2014
