British private equity fund Apax Partners said on Wednesday it will create a $500 million mid-market fund to invest in Israeli companies in the technology, telecom, healthcare and consumer sectors, Reuters reported.
1 min read · 19 March 2014
British private equity fund Apax Partners said on Wednesday it will create a $500 million mid-market fund to invest in Israeli companies in the technology, telecom, healthcare and consumer sectors, Reuters reported.
1 min read · 19 March 2014
The private equity arm of Goldman Sachs Group Inc and Oak Investment Partners are in talks to sell iHealth Technologies Inc in a deal that could value the medical claims company at more than $1 billion, sources told Reuters.
2 min read · 19 March 2014
Japan's Fast Retailing Co Ltd, parent of apparel chain Uniqlo, is no longer in talks to buy U.S. clothing retailer J.Crew Group Inc from its private equity owners, sources told Reuters.
2 min read · 19 March 2014
Blackstone Group LP is working on a higher takeover bid for industrial conglomerate Gates Global Inc after its previous offer of roughly $5.5 billion was turned down by Gates' owners last week, sources told Reuters.
2 min read · 19 March 2014
Danish ship fuel supplier OW Bunker is aiming for a stock market value of up to 5.5 billion Danish crowns ($1 billion), writes Reuters. Main shareholder private equity company Altor could also raise as much as 3.2 billion crowns if it sells the maximum amount of shares under consideration at the top price.
2 min read · 19 March 2014
Macquarie Group Ltd, Australia's top investment bank, has agreed to sell its private equity funds management division to the unit's three managers, a source with direct knowledge of the deal told sister news service Reuters on Tuesday.
1 min read · 18 March 2014
Pantera Capital Management LP, a hedge fund that manages money for Fortress Investment Group LLC executives, invested about $10 million in Bitstamp Ltd months before it emerged as the world's dominant dollar-bitcoin exchange, Bloomberg reported.
2 min read · 18 March 2014
Chinese e-commerce giant Alibaba Group Holding Ltd will hold the kickoff meeting for its planned U.S. initial public offering on March 25, setting in motion the most high-profile listing since Facebook Inc's offering nearly two years ago, sources told Reuters.
1 min read · 18 March 2014
Hertz Global Holdings Inc said it would spin off its equipment rental business, aiming to raise $2.5 billion to repay debt and focus on its car rental business, Reuters reported.
2 min read · 18 March 2014
