Canada Pension Plan Investment Board said on Wednesday it will open an office in Sao Paulo in April, intent on boosting real estate and infrastructure investments in the region even as money is flowing out of emerging markets.
2 min read · 05 February 2014
Canada Pension Plan Investment Board will open an office in Sao Paulo in April, intent on boosting real estate and infrastructure investments in the region, writes Reuters. CPPIB, a global dealmaker intent on diversifying its C$192.8 billion ($174 billion) portfolio, said the timing for opening its fifth global office is perfect, though it noted competitors like sovereign wealth funds are also hunting similar assets, writes Reuters.
2 min read · 05 February 2014
SAN FRANCISCO, Feb 4 (Reuters) - Regions around the world have long sought to replicate California's success in launching startups. Now, two venture capitalists have raised $250 million in a gambit to recreate some Silicon Valley-style growth in the U.S. Midwest.
2 min read · 04 February 2014
Private equity group 3i is preparing to sell German car parts maker Hilite International in a deal that could be worth more than 400 million euros (332 million pounds), writes Reuters. Morgan Stanley has been hired to look at options including a potential sale or refinancing, the sources added, as 3i seeks to take advantage of an upturn in car markets.
1 min read · 04 February 2014
Information technology network company Spiceworks has raised $57 million in venture capital funding led by Goldman Sachs. The Austin, Texas-based company has also secured funding in the past from Austin Ventures, Shasta Ventures, Institutional Venture Partners, Adams Street Partners, and Tenaya Capital.
1 min read · 04 February 2014
Stockton Road Capital has acquired a minority stake alongside CCMP Capital Advisors in their buy of Jamieson Laboratories. No financial terms were disclosed. Houlihan Lokey's William Hood served as investment banking advisor to Jamieson on the transaction. Headquartered in Toronto, Jamieson is a maker of natural health products.
2 min read · 03 February 2014
Valeant Pharmaceuticals International Inc said on Monday it has agreed to acquire privately held PreCision Dermatology Inc for $475 million in cash to strengthen its skin products business.
2 min read · 03 February 2014
Brazil's Investimentos e Participações em Infra-Estrutura SA will delay its initial public offering until the second quarter, a source with direct knowledge of the matter said, suggesting that investor concerns over recent turmoil in emerging markets may have eased by then.
2 min read · 03 February 2014
Jan 31 (Reuters) - Online coupon company Coupons.com Inc filed with U.S. regulators to raise up to $100 million in an initial public offering of its common stock.
2 min read · 31 January 2014
Buyout group KKR has agreed to take a roughly 10 percent stake in the capital's top division soccer club Hertha Berlin in a deal worth about 60 million euros that will boost the club's finances, the two sides said on Friday.
2 min read · 31 January 2014
