Career Education Corp said it will sell its European education business to private equity firm Apax Partners for about $305 million, which sent its shares up more than 50 percent in extended trading on Thursday.
2 min read · 25 October 2013
Asian private equity firm RRJ Capital, founded by ex-Goldman Sachs and Hopu Management dealmaker Richard Ong, has invested a further $248 million in ING Groep's U.S. insurance unit, a person with direct knowledge of the matter told Reuters.
2 min read · 25 October 2013
(Reuters) - Seeking to avoid a repeat of Facebook Inc's much-maligned public debut, Twitter Inc revealed more modest ambitions, saying its initial offering would raise up to $1.6 billion and value the company at up to about $11 billion, Reuters reported.
4 min read · 25 October 2013
South Africa's E. Oppenheimer family and Singapore state investor Temasek Holdings have set up a $300 million private equity fund to invest primarily in consumer goods and agricultural sectors across Africa.
1 min read · 25 October 2013
Twitter said on Thursday that it intends to sell 70 million shares priced between $17 and $20 in an initial public offering that will value the company at as much as $10.9 billion.
1 min read · 24 October 2013
Energy-focused private equity firm Riverstone Holdings listed a new energy investment vehicle in London on Thursday, raising 760.3 million pounds ($1.2 billion), Reuters reported.
1 min read · 24 October 2013
Private equity group KKR is nearing a deal to restructure the debt of loss-making car repair chain Auto-Teile Unger (ATU), a household name in Germany, hoping to draw a line under an ill-fated investment, Reuters reported.
2 min read · 24 October 2013
Private equity firm KKR & Co LP reported a higher-than-expected 20 percent rise in profit on Thursday as investments funded with its balance sheet as well as its clients' money outperformed those of its peers, Reuters reported.
2 min read · 24 October 2013
Aptalis Pharma, a specialty drugmaker owned by private equity firm TPG Capital, has appointed underwriters for an IPO after efforts to sell the company failed, according to an exclusive Reuters report. Goldman Sachs and JPMorgan will lead the offering.
2 min read · 24 October 2013
Entrepreneurs and start-up companies looking for backing will be able to solicit small investments over the Internet from the general public under a new proposal to be released by U.S. regulators on Wednesday, Reuters reports.
3 min read · 23 October 2013
