Reuters News

French energy services firm Spie mulls late-2014 IPO- Les Echos

French electrical and mechanical engineering group Spie is considering a stock market listing in late 2014, Les Echos newspaper reported on Friday.

Turkey's Yildiz to buy DeMet's Candy for $221 mln - WSJ

Turkey's Yildiz Holding AS has agreed to buy privately owned DeMet's Candy Co, the U.S. maker of Flipz chocolate pretzels and Turtles covered nut clusters, for $221 million, the Wall Street Journal reported.

U.S.'s Fortress to raise $1.9 bln fund for Japan infrastructure, say sources-Reuters

U.S. asset manager Fortress Investment Group LLC aims to raise 200 billion yen ($1.9 billion) to set up Japan's first infrastructure fund, sources told Reuters on Friday.

Fortress, Harbinger back LightSquared latest bankruptcy exit plan-Reuters

U.S. wireless communications company LightSquared proposed exiting bankruptcy with financing from $2.75 billion in fresh loans and an equity investment of at least $1.25 billion, according to court documents.

TPG-backed drugmaker Aptalis files for IPO of up to $500 million-Reuters

Specialty drugmaker Aptalis Holdings Inc, owned by private equity firm TPG Capital LP, filed with U.S. regulators to raise up to $500 million in an initial public offering of its common stock, Reuters reported.

Lone Star-owned Continental Building files for $200 mln IPO-Reuters

Private equity-owned Continental Building Products Inc, created after the sale of Lafarge SA's North American gypsum business, filed with regulators to raise up to $200 million in an initial public offering of common stock, Reuters reported.

Singapore's GIC buys Blackstone out of Broadgate deal-Reuters

Singapore's sovereign wealth fund GIC was named as British Land's new partner in London's Broadgate office and retail complex on Tuesday, buying out U.S. private equity group Blackstone for around 1.7 billion pounds ($2.8 billion).

Carlyle sells stake in Turkish hospital group Medical Park-Reuters

Turkish hospital chain Medical Park's shareholders including U.S. private equity firm Carlyle signed a deal to sell a majority stake in the chain to Turkish buyout firm Turkven, Can Deldag, co-head of Carlyle MENA Partners said on Tuesday.

KKR to invest in Canadian oil depot operator Torq-Reuters

Private equity firm KKR & Co LP said on Tuesday it would invest C$250 million ($235 million) in Torq Energy Logistics Ltd, an operator of transloading terminals in Canada that is benefiting from the country's resources boom, Reuters reported.

Exclusive: Carlyle near deal to buy J&J diagnostics unit, say sources-Reuters

Private equity firm Carlyle Group LP is nearing an agreement to acquire Johnson & Johnson's ortho clinical diagnostics unit, sources told Reuters on Monday, in a deal expected to be worth around $4 billion.