Singapore state investor Temasek Holdings has agreed to buy almost a quarter of health and beauty retailer A.S. Watson for about $5.7 billion in what would be its single biggest investment and one that would boost its exposure to Asia's fast growing consumer sector, Reuters reported.
3 min read · 21 March 2014
TPG Specialty Lending (TSL), private equity firm TPG Capital LP's business development company, said it priced its initial public offering at $16 per share, the low end of its planned range.
1 min read · 21 March 2014
New Zealand's Superannuation Fund on Friday said it would invest $250 million in North American gas and oil investments run by global private equity firm KKR & Co LP, tripling its investment in the company as the state pension fund increases its exposure to private equity.
2 min read · 21 March 2014
Tarena International Inc, a provider of IT education in China, said it expects to price its initial public offering of 15.3 million class A American Depositary Shares (ADS) at $8-$10 per share, Reuters reported.
2 min read · 20 March 2014
Marc Spilker, whom Apollo Global Management LLC hired in 2010 to help take it public, is stepping down as president of the private equity and credit investment firm.
2 min read · 20 March 2014
Online home-rental marketplace Airbnb Inc is in advanced talks with private equity firms including TPG Capital Management LP to raise funds that would value the company at about $10 billion, the Wall Street Journal reported on Thursday.
1 min read · 20 March 2014
Activist investor Carl Icahn on Wednesday called on eBay Inc to sell 20 percent of its PayPal payments unit in an initial public offering, a change in tack from his previous call for a complete spinoff, Reuters reported.
2 min read · 20 March 2014
Medical transcription company M*Modal filed for bankruptcy protection on Thursday as the firm owned by J.P. Morgan Chase & Co's private-equity arm seeks to reduce debt, Reuters reported.
1 min read · 20 March 2014
Loral Space & Communications Inc (LORL.O: Quote, Profile, Research, Stock Buzz), which holds a majority stake in Canadian satellite communications company Telesat Holdings Inc, has selected private equity firm Apax Partners LLP and two Canadian pension funds to negotiate a sale of Telesat, sources told Reuters.
4 min read · 20 March 2014
Buyout firm GrowthGate Capital plans to take freight-forwarding company Able Logistics Group public in Dubai around the end of this year, a senior GrowthGate executive told Reuters, in a sign of growing strength in the region's equity markets.
3 min read · 20 March 2014
