(Reuters) - Cisco Systems will invest $15 million in Israeli venture capital funds as part of a broader plan to expand its operations in Israel and outside the United States, the company said on Wednesday.
2 min read · 19 June 2013
A majority stake in Saudi fast food chain Kudu has been put up for sale and private equity firm KKR is among the bidders, sources told Reuters.
3 min read · 19 June 2013
Silicon Valley executives and investors gathered on Tuesday at the Reuters Technology Summit in San Francisco to discuss whether new sources of private financing have dimmed the allure of an initial public offering.
7 min read · 18 June 2013
British buyout firm 3i Group Plc , which is carrying out a major restructuring, confirmed on Tuesday that the head of its UK private equity operation has left and that his counterpart in the Nordic region plans to leave soon, Reuters said.
1 min read · 18 June 2013
SunGard Data Systems Inc, the computer software maker that was taken private in 2005 for $11.4 billion, is exploring a sale of its data managing operations that could fetch up to $2 billion, sources told Reuters.
2 min read · 18 June 2013
Billionaire investor Carl Icahn promised Dell Inc shareholders that the company would buy back up to $16 billion of stock if they join his campaign to stop the computer maker from going private, Reuters reported.
3 min read · 18 June 2013
Billionaire investor Carl Icahn told Dell Inc shareholders that an investment bank would help fund his offer for the PC maker as he sought to assuage concerns over his means to fund the bid.
1 min read · 18 June 2013
German industrial conglomerate Siemens is seeking offers from private equity firms to buy its stake in its telecoms equipment joint venture Nokia Siemens Networks (NSN), sources told Reuters.
1 min read · 18 June 2013
Dutch firm CSM NV, which is selling its core bakery business, is returning 250 million euros ($334 million) to shareholders and setting targets for its remaining ingredients operations, which will be renamed Corbion, writes Reuters. CSM shareholders will receive a special all-cash dividend of 0.70 euro per share, or 50 million euros in total, and the remainder through a share buy-back.
2 min read · 18 June 2013
Johnson Controls Inc is speaking to private equity firms about selling its roughly $1 billion automotive electronics unit, after buyout interest from many rival auto parts suppliers faltered, writes Reuters. The unit's performance was weaker than industry bidders had expected, disappointing some interested parties and prompting Johnson Controls to reach out to a broader group of buyers. The company had not included private equity firms earlier in the auction process, writes Reuters.
2 min read · 18 June 2013
