Nordics-focused private equity group Altor's Fund III has entered into an exclusive process to buy a majority stake in Rossignol Group, a global ski equipment maker, writes Reuters. Altor said it planned to buy Rossignol together with management, Weber Investment, and the Boix-Vives family, who owned Rossignol group from 1955 to 2005, in a deal that would give Altor an 80 percent stake in the company, writes Reuters.
1 min read · 15 July 2013
German industrial group GEA will target private equity groups in its push to sell its heat exchanger unit, hoping to fetch a price of more than 1.3 billion euros ($1.7 billion), sources told Reuters.
2 min read · 15 July 2013
Britain will start selling its shares in Lloyds Banking Group to pension funds and insurers later this year, rejecting interest from private equity and sovereign wealth funds, sources told Reuters.
3 min read · 15 July 2013
Golf and country clubs operator ClubCorp Holdings, backed by KSL Capital Partners, filed with U.S. regulators to raise up to $100 million in an initial public offering of its shares, Reuters reported.
1 min read · 15 July 2013
Billionaire investor Carl Icahn and Southeastern Asset Management Inc sweetened their bid for Dell Inc by adding warrants they say would increase the value of the offer to a range of $15.50 to $18.00 per share from $14.00, Reuters reported.
1 min read · 12 July 2013
Walt Disney Co, Twenty-First Century Fox Inc and Comcast's NBCUniversal said on Friday they decided to keep their video streaming website Hulu and will invest $750 million to help it grow, Reuters reported.
2 min read · 12 July 2013
Michael Dell and private equity firm Silver Lake are looking increasingly likely to get shareholder approval to take Dell Inc private in a $24.4 billion deal. But agitator Carl Icahn still sees room to gamble, Reuters reports.
3 min read · 12 July 2013
Private equity firm Permira has stepped in with a bid for Norwegian state-controlled Cermaq's fish feed arm worth more than $1 billion, sources told Reuters.
1 min read · 12 July 2013
German bathroom fixtures maker Grohe has attracted takeover interest from at least two suitors, people familiar with the process said, in what could be Europe's largest private equity deal of the year, Reuters said.
4 min read · 12 July 2013
Billionaire investor Carl Icahn is preparing a higher bid for computer maker Dell Inc ahead of a key shareholder meeting after proxy firms endorsed founder Michael Dell's $24.4 billion buyout offer, Reuters reported.
1 min read · 11 July 2013
