1 min read · 29 July 2013
Activist investor Carl Icahn urged Dell Inc's special committee to not change voting rules, as proposed by the company's founder Michael Dell, which would make it easier for a CEO-led group to take the personal computer maker private, Reuters reported.
1 min read · 29 July 2013
2 min read · 29 July 2013
Formula One moved closer to a new seven-year commercial agreement, seen as key to any future flotation, on Saturday after rights holders and the governing FIA said they had signed a preliminary document setting out the final steps, Reuters reported.
3 min read · 29 July 2013
TPG Capital LP, Warburg Pincus LLC, Ares Management LLC and Berkshire Partners LLC are competing for building products maker CPG International Inc, whose sale could fetch as much as $1.5 billion, sources told Reuters.
2 min read · 29 July 2013
KKR & Co LP said on Friday that its second-quarter earnings declined by 74 percent as a lower appreciation in its private equity funds overshadowed a quadrupling in the cash it received from the profits its funds generated, Reuters said.
4 min read · 26 July 2013
Private equity firm Cinven has approached banks for debt to help refinance its 438 million pound ($671 million) buyout of internet domain and hosting company Host Europe Group, sources told Reuters.
1 min read · 26 July 2013
Houghton Mifflin Harcourt, the textbook publisher that emerged from bankruptcy last year, is close to filing for an initial public offering that could come later this year, sources told Reuters.
2 min read · 26 July 2013
British publisher Pearson put its Mergermarket news service on the block on Friday while insisting that it intends to hang on to the Financial Times newspaper, Reuters reported.
3 min read · 26 July 2013
Private equity firm Oaktree Capital Group LLC has tapped Goldman Sachs Group to find a buyer for packaging company Tekni-Plex, in a deal that could fetch around $800 million, sources told Reuters.
2 min read · 26 July 2013