(Reuters) - The price of the digital currency bitcoin slid to its lowest level in nearly two months on Monday after bitcoin digital marketplace Mt. Gox said a halt on withdrawals it announced on Friday would continue indefinitely after it detected "unusual activity."
3 min read · 11 February 2014
Contemporary women's retailer Bebe Stores Inc is exploring a potential sale and is reaching out to private equity firms, sources told Reuters.
1 min read · 10 February 2014
China's Rundong Automobile Group, backed by private equity firm KKR, plans to raise up to $300 million through a Hong Kong listing in the first half of 2014, according to IFR, writes Reuters. The car dealership company in eastern China joins a number of mainland peers targeting Hong Kong listings to fund expansion after a pick-up in China's automobile demand in 2013.
1 min read · 10 February 2014
Sweden's Bufab, a supplier of components to the manufucturing industry, has applied for a listing of its shares on the Stockholm stock exchange, writes Reuters. Bufab, owned by private equity firm Nordic Capital, said up to 72.5 percent of its shares would be sold in the offering for 44 to 50 crowns per share, giving it a market capitalization of between 1.7 billion and 1.9 billion Swedish crowns ($262-286 million).
1 min read · 10 February 2014
Private equity firm AEA Investors LP is in advanced talks to acquire Gypsum Management and Supply Inc (GMS), a privately held maker of specialty building materials, for more than $700 million, sources told Reuters.
1 min read · 07 February 2014
U.S. private equity firm Cerberus Capital Management LP completed a sale on Friday of its stake in Japanese property operator Kokusai Kogyo Co for about 140 billion yen ($1.37 billion), sources told Reuters. .
1 min read · 07 February 2014
Antero Resources Midstream LLC filed with U.S. regulators to raise up to $500 million in an initial public offering of its common stock.
1 min read · 07 February 2014
Apollo Global Management LLC (APO.N) reported a 37 percent drop in fourth-quarter profit per share on Friday despite a big rise in the value of its private equity funds, as it failed to match the carried interest income from a year ago.
1 min read · 07 February 2014
The Canada Pension Plan Investment Board (CPPIB) named Ed Cass as its new chief investment strategist and a member of its senior management team on Feb 6, giving him responsibility for the overall investment strategy of the massive pension fund.
1 min read · 06 February 2014
Sub-Saharan Africa attracted $1.6 billion of private equity investment in 2013, the most in five years, with the East Africa region experiencing the biggest increase in deal activity, a survey showed on Wednesday.
2 min read · 06 February 2014
