French private equity firm Mantra Investissement urged shareholders of German phone maker Gigaset to participate in a capital increase to block a takeover attempt by Singapore-based Goldin Fund Pte. Ltd, Reuters reported.
1 min read · 07 October 2013
U.S. private equity group Starwood Capital has provided a 288 million pound ($463 million) refinancing facility to London's Heron Tower, saving the 46-storey skyscraper from the threat of receivership and a possible sale, Reuters reported.
1 min read · 07 October 2013
U.S.-based food business Darling International is to buy Dutch meat producer Vion's ingredients division for 1.6 billion euros ($2.18 billion), according to a company statement on Monday, in a blow to private equity firms bidding for the unit, Reuters reported.
2 min read · 07 October 2013
Private equity firm KKR & Co LP (KKR.N) is nearing a deal to acquire lifting equipment company Crosby Group LLC for around $1 billion, two people familiar with the matter said on Sunday.
2 min read · 07 October 2013
Apollo Global Management is considering seeking approval to raise the limit on its new flagship fund following investor interest, Bloomberg reported, writes Reuters. Apollo has discussed with investors about getting permission to increase the $15 billion limit on Apollo Investment Fund VIII LP, writes Reuters.
1 min read · 07 October 2013
Boutique investment bank FT Partners said on Friday it hired former Goldman Sachs banker Jeff Haughton as managing director, based in San Francisco, Reuters reported.
1 min read · 04 October 2013
Some investors received token allocations on the 320 million euro ($435.05 million) leveraged loans backing the buyout of Campbell Soup's European businesses after the deal raised more than 1 billion euros in syndication, Reuters reported.
2 min read · 04 October 2013
Activist investor Carl Icahn, who ended his months-long campaign against Michael Dell's planned buyout of Dell Inc last month, on Friday signaled his final retreat from the struggling personal computer maker, Reuters reported.
1 min read · 04 October 2013
(Reuters) - When Twitter goes public in coming weeks, one of the biggest winners will be a 47-year-old financier who guards his secrecy so zealously that he employs a person to take down his Wikipedia entry and scrub his picture from the Internet.
7 min read · 04 October 2013
Sotheby's adopted a "poison pill" to ward off an unwanted takeover, two days after activist investor Daniel Loeb's Third Point LLC announced that it raised its stake in the auctioneer and called for its chief executive to step down, Reuters reported.
1 min read · 04 October 2013
