Private equity firm Cinven has agreed to acquire pharmaceutical contract research organization Medpace Inc from buyout firm CCMP Capital Advisors LLC for a little over $900 million, writes Reuters. Cinven and CCMP declined to comment, while a Medpace representative did not immediately respond to requests for comment.
3 min read · 24 February 2014
German industrial machinery and process engineering group GEA will shortly narrow the list of contenders for its heat exchangers division to about three bidders, possibly including the same groups eyeing rival Alstom's heat exchanger unit, sources told Reuters.
2 min read · 21 February 2014
U.S. grocery store operator Safeway Inc is in advanced talks with private equity firm Cerberus Capital Management LP over a leveraged buyout deal that may come within the next few weeks, sources told Reuters.
3 min read · 21 February 2014
Spain's largest cable operator Ono has hired Deutsche Bank and JPMorgan to coordinate its plans for a stock market flotation, a source told Reuters.
1 min read · 21 February 2014
Focus Media Holding Ltd, a Chinese display advertising company backed by Carlyle Group and other private equity firms, plans a $1 billion initial public offering in Hong Kong early in 2015, IFR reported on Friday, citing sources familiar with the plans.
1 min read · 21 February 2014
WhatsApp is just one more success story for Sequoia Capital, which continues to win big while many other venture firms struggle to remain relevant.
5 min read · 21 February 2014
Activist Investor Nelson Peltz renewed his crusade to convince PepsiCo Inc to spin off its slow-growing beverage business from its flourishing snacks division, less than a week after the company poured cold water on the idea, Reuters reported.
2 min read · 20 February 2014
U.S.-based investment fund Colony Capital and the founder of Risanamento have offered to buy stakes in the loss-making Italian property company from creditor banks, Reuters reported.
1 min read · 20 February 2014
Private equity firm Blackstone Group LP and Singapore sovereign wealth fund GIC are in advanced talks to buy minority stakes in Kronos Inc that could value the human resources software company at around $4.5 billion, including debt, three people familiar with the matter said.
2 min read · 20 February 2014
Global private equity firm KKR & Co LP plans to offer funding to struggling companies in India where rising bad loans has constrained bank lending and low demand has ruled out share sales for many small and mid-sized firms.
2 min read · 20 February 2014
