Private equity firm Hellman & Friedman is acquiring education company Renaissance Learning for $1.1 billion cash from fellow private-equity firm Permira, Renaissance said.
1 min read · 13 March 2014
Diamond S Shipping Group Inc's largest shareholder, Wilbur Ross, said the tanker company's initial public offering had been canceled because the suggested price was too low, Bloomberg reported, citing an email from the billionaire investor.
1 min read · 12 March 2014
Blue Buffalo, the premium pet food company, has hired banks for an initial public offering that could come later this year, sources told Reuters.
1 min read · 12 March 2014
Moelis & Co LLC , the financial firm founded by banker Ken Moelis, opened an office in Brazil on Tuesday, the latest move by an independent investment bank into the merger and acquisitions business in Latin America's biggest economy.
2 min read · 12 March 2014
Finnish start-up Next Games has raised $6 million in funding in the latest of several venture capital investments in the Nordic country's booming mobile games industry, sister news service Reuters reported.
1 min read · 12 March 2014
Japanese private equity firm Unison Capital is raising 60 billion yen ($581 million) for its fourth fund, sister news service Reuters reported, with demand for capital from buyout firms expected to grow as companies look to expand their businesses.
1 min read · 12 March 2014
Blackstone Group, the world's biggest alternative asset manager, said on Tuesday it has agreed to buy most of cybersecurity firm Accuvant Inc from investment firm Sverica International.
1 min read · 12 March 2014
Men's Wearhouse Inc said it would acquire rival Jos. A. Bank Clothiers Inc for about $1.8 billion, ending a five-month saga that started with Jos. A. Bank offering to buy its larger menswear rival.
4 min read · 12 March 2014
Bank of America Corp named Rodrigo Xavier as chief executive of its Brazilian wholesale and investment banking unit, the bank's press office in the country said on Tuesday.
1 min read · 12 March 2014
As Energy Future Holdings prepares for what could be one of the largest-ever U.S. bankruptcies, some of its private-equity lenders are pushing a breakup of the company that could reap them more than $1 billion in tax savings, two people close to the matter said this week.
6 min read · 12 March 2014
