Private equity-backed French flooring maker Tarkett will price a planned stock market listing in Paris in a range of 27.75 euros and 33.90 euros a share, writes Reuters. Last month, Tarkett submitted a registration filing for an initial public offering in which it said KKR, which owns 50 percent of the company, would sell part of its stake.
1 min read · 11 November 2013
Germany's Boehringer Ingelheim, the world's largest unlisted drugmaker, is looking to expand its animal health business and is set to make an offer for poultry vaccine and feed additives maker Lohmann, sources told Reuters.
1 min read · 08 November 2013
LAKE FOREST, Calif., Nov 8 (Reuters) - On a sleepy suburban street near Los Angeles, Reno Mendenhall walks up to a modest home and knocks on the door. The tall, blonde, 31-year-old is so clean cut that he says he is sometimes told he looks like Britain's Prince William.
6 min read · 08 November 2013
Healthcare conglomerate Danaher Corp has teamed up with Blackstone Group LP to bid for Johnson & Johnson's diagnostics unit, which makes blood screening equipment and laboratory blood tests and could fetch more than $4 billion, sources told Reuters.
2 min read · 08 November 2013
Cable company Numericable's shares rose as much as 8 percent in a stock market debut on Friday, valuing the group at about 3 billion euros ($4.01 billion) and raising 652.2 million to help the group repay debt and upgrade its broadband network.
3 min read · 08 November 2013
Italian private equity fund Clessidra said on Friday it has a strong interest in fashion house Versace, which is currently looking to sell a stake of between 15 and 20 percent, Reuters reported.
1 min read · 08 November 2013
India's Kedaara Capital, co-founded by a former India head of Singapore sovereign fund Temasek Holdings, has raised $540 million for its maiden fund, Reuters reported, at a time when first-time funds in Asia are struggling to raise capital.
1 min read · 08 November 2013
(Reuters) - Twitter Inc shares rose 73 percent in a frenzied trading debut that drove the seven-year-old company's value to $25 billion. The stock closed its first trading day at $44.90 a share from the IPO price of $26 set late on Wednesday, falling back from a near-doubling in price at a session high of $50.
6 min read · 07 November 2013
Canada’s Chemtrade Logistics Inc is in advanced talks to buy General Chemical Corp, two people familiar with the matter said on Wednesday, in a deal that could value the specialty chemicals maker at around $1 billion, Reuters reported.
2 min read · 07 November 2013
NEW YORK, Nov 7 (Reuters Breakingviews) - The Great Separation has arrived in private equity. For a long stretch, investors barely distinguished among the publicly traded stocks of Apollo, Blackstone, Carlyle and KKR.
2 min read · 07 November 2013
