Mexican private equity firm Ventura Capital Privado said on Friday it had offered close to $60 million to acquire Maxcom, as part of the telecoms company's restructuring process.
1 min read · 23 August 2013
Baring Private Equity Asia is set to buy a controlling stake in Indian outsourcing services provider Hexaware Technologies Ltd for about $400 million, sources told Reuters.
2 min read · 23 August 2013
Toshiba Corp, U.S. private equity firm Kohlberg Kravis Roberts & Co (KKR) and a consortium including Bain Capital are expected to participate in the final round of bids next week for Panasonic Corp's healthcare business, a deal that could fetch as much as $1.5 billion, sources told Reuters.
1 min read · 23 August 2013
Steven Sinofsky, the hard-charging former Microsoft Corp executive, has joined the prominent Silicon Valley venture capital firm Andreessen Horowitz as a part-time "board partner," representing the firm on certain boards of companies it invests in, Reuters reported.
1 min read · 22 August 2013
KKR (KKR.N: Quote, Profile, Research, Stock Buzz) and Permira PERM.UL are looking to wind down their stake in German commercial broadcaster ProSiebenSat.1 (PSMGn.DE: Quote, Profile, Research, Stock Buzz) after failing to find a buyer for all the shares, three sources told Reuters.
1 min read · 22 August 2013
Singapore's sovereign wealth fund GIC is in exclusive talks to buy Blackstone Group's stake in the Broadgate office and retail complex in London for 1.7 billion pounds ($2.67 billion), Britain's Times newspaper said.
1 min read · 22 August 2013
(Reuters) - Sweden is demanding that private equity firm EQT Partners and some of its employees pay 647 million Swedish crowns ($100 million) in tax on past profits as it cracks down on buyout firms, Reuters reported.
2 min read · 21 August 2013
(Reuters) - New China Trust, which was leading a consortium of Chinese investors in a $4.8 billion bid for American International Group Inc's (AIG.N: Quote, Profile, Research, Stock Buzz) (AIG) aircraft-leasing unit, pulled out of the deal in May, a source told Reuters.
2 min read · 21 August 2013
Online retailers JustFab and ShoeDazzle, which are both backed by VCs, are making a bigger-is-better play and merging in an effort to grow faster, Reuters reported Wednesday.
2 min read · 21 August 2013
NYSE Euronext has tapped JPMorgan Chase & Co and Societe Generale to help arrange a potential $1 billion IPO for its European equity operations, Bloomberg news agency reported.
1 min read · 21 August 2013
