Providence Equity-backed Altegrity Inc, which owns the provider of background checks for the U.S. government that vetted former spy agency contractor Edward Snowden, has revived talks to sell its unit that screens private-sector employees, two people familiar with the matter said.
3 min read · 27 January 2014
Private equity firm Carlyle Group LP said on Thursday it has agreed to acquire a strategic minority stake in privately held Vogue International, the maker of the Organix Hair Care product line, Reuters reported.
1 min read · 24 January 2014
Italian fashion group Roberto Cavalli said on Friday it had not signed any agreement on a possible sale of the group, Reuters reported.
1 min read · 24 January 2014
KKR & Co and BlackRock Inc are among the investors in talks to buy a stake in China Huarong Asset Management Co Ltd as the bad debt manager seeks to raise more than $2 billion, people familiar with the matter told Reuters.
1 min read · 24 January 2014
AOL Inc has agreed to buy Gravity, a company that tailors content according to the reader's interest, for $83 million, a move to help better target advertising the company said on Thursday.
1 min read · 23 January 2014
French media group Lagardere has received three preliminary offers for the magazines it has put up for sale and expects firm offers by Feb. 15, French daily Le Figaro reported on Thursday.
1 min read · 23 January 2014
Prestige Cruises International Inc, backed by private equity firm Apollo Global Management LLC , filed with U.S. regulators to raise up to $250 million in an initial public offering of common stock.
1 min read · 23 January 2014
Private equity group IK Investment Partners has hired Goldman Sachs (GS.N) to find a buyer for Germany-based fire extinguisher maker Minimax, two people familiar with the process told Reuters.
1 min read · 23 January 2014
Italy's $8 billion jewellery industry is drawing interest from Asian and Middle East investors, keen to exploit Italian style and design as they battle for market share both at home and abroad, writes Reuters. Once the world's top exporter of jewellery, Italy now has fierce competition from India, China and Turkey where costs are lower and quality is gradually improving to internationally marketable standards.
3 min read · 23 January 2014
Jan 22 (Reuters) - Zenefits, a human resources software company that is taking on industry giant Workday, said it had raised $15 million in financing led by venture firm Andreessen Horowitz.
1 min read · 22 January 2014
