Altice, which owns French and Belgian cable companies and mobile operations in Israel, plans to list its shares on Amsterdam's NYSE Euronext with the aim of raising 750 million euros ($1 billion) to cut debt, Reuters reported.
3 min read · 07 January 2014
Oil and gas company EP Energy Corp, controlled by private equity firm Apollo Global Management LLC , said it expects its initial public offering to be priced at $23-$27 per share, raising about $1.08 billion, Reuters reported.
1 min read · 07 January 2014
Europe's biggest dairy group Lactalis has agreed to acquire a controlling stake in India's Tirumala Milk Products for between $250 million and $300 million, sources told Reuters.
2 min read · 07 January 2014
Carlyle Group LP is preparing to launch its first two publicly listed mutual funds, according to a regulatory filing by the latest alternative asset manager seeking to offer its investment platform to retail investors in this way.
3 min read · 07 January 2014
Blackstone has appointed one of its senior advisers to head its Australia business, writes Reuters. Carnegie, an Australian private equity veteran and a former partner at domestic firm Archer Capital, will be a senior managing director at Blackstone and will assume a direct deal-making role.
1 min read · 07 January 2014
Jan 6 (Reuters) - Private equity fund manager Permira Advisers LLC is planning to take a controlling stake in LegalZoom.com, a provider of online legal documents that was going to go public, according to people familiar with the matter, affiliated news service Reuters reported.
2 min read · 06 January 2014
Fortress Transportation and Infrastructure Investors Ltd, managed by asset manager Fortress Investment Group LLC, filed with U.S. regulators to raise up to $100 million in an initial public offering of common stock, Reuters reported.
1 min read · 06 January 2014
Private equity fund Permira Advisers LLC is planning to take a controlling stake in LegalZoom.com, a provider of online legal documents that was going to go public, according to people familiar with the matter.
2 min read · 06 January 2014
A general shareholders' meeting has approved the termination of Todd Morgan's employment as chief executive of Strauss Coffee, parent company Strauss Group said on Sunday, writes Reuters. Last month a specialised Dutch court dismissed a suit brought by private equity firm TPG against Strauss Coffee, a Dutch-registered company.
1 min read · 06 January 2014
Israeli private equity group Fortissimo Capital has acquired one-third of One Hour Translation, a provider of online professional translation of documents, for an investment of $10 million, writes Reuters. One Hour Translation plans to use the proceeds to double its staff and hire developers, salespeople, and customer service and support people. It currently has 50 employees globally.
1 min read · 06 January 2014