A group of investors led by Mexican private equity firm Ventura Capital Privado has acquired 44.69 percent of telecom Maxcom's outstanding shares after concluding its tender offer, according to stock exchange filings on Friday, Reuters reported.
1 min read · 27 September 2013
Britain's Royal Mail postal service should command a value of as much as 3.3 billion pounds ($5.3 billion) when it makes its stock market debut next month, the government said on Friday as it began taking orders for the selloff, Reuters reported.
4 min read · 27 September 2013
Months before Fairfax Financial Holdings Inc bid $4.7 billion for BlackBerry Ltd, Fairfax boss Prem Watsa played a role in securing a golden parachute worth as much as $55 million for the smartphone maker's chief executive, according to company filings.
4 min read · 27 September 2013
Southeastern Grocers LLC, which operates supermarket chains Winn-Dixie and BI-LO, filed with U.S. regulators to raise up to $500 million in an initial public offering of common stock, Reuters reported.
1 min read · 26 September 2013
EBay Inc said it would buy payment gateway Braintree for about $800 million in cash to strengthen PayPal's presence on smartphones and tablets, Reuters reported.
2 min read · 26 September 2013
Vodka maker Stock Spirits plans to sell at least a quarter of its shares next month in a London listing which could value it at up to 700 million pounds as it looks to expand across eastern Europe, Reuters reported.
3 min read · 26 September 2013
Germany's biggest bathroom fittings company Grohe has been snapped up by Japanese building products group Lixil in a 3.06 billion euro ($4.13 billion) deal, marking the largest ever investment by Japan in Europe's biggest economy, writes Reuters. Lixil's leveraged buyout of Grohe from financial investor TPG Capital and the private equity arm of Credit Suisse shows renewed appetite by Japanese firms for deals outside their home market.
3 min read · 26 September 2013
BioDigitial has raised a $4 million round led by FirstMark Capital and joined by the NYU Venture Fund, according to VentureBeat. The company wants to completely change the way we understand and explore the human body, reports VentureBeat.
2 min read · 26 September 2013
Private equity-backed drinks maker Stock Spirits plans to sell at least a quarter of its shares in a London listing next month, writes Reuters. The British-headquartered firm, which is the biggest vodka producer in Poland and the Czech Republic, said it would raise 52 million pounds ($84 million) by selling new shares to pay down debt.
1 min read · 26 September 2013
Global private equity firm TPG Capital has agreed to sell its China leasing business UT Capital Group Co Ltd to Haitong International Holdings, a unit of Haitong Securities, for $715 million, Reuters reported.
2 min read · 25 September 2013
