Cerberus Capital Management LP publicly questioned the management of Seibu Holdings on Friday, hoping to garner support for its plans to shake up the board of the Japanese railway and property group at a shareholders meeting scheduled for later this month, Reuters reported.
2 min read · 14 June 2013
Envision Healthcare Holdings Inc, which is backed by ,Clayton, Dubilier & Rice,, has filed with regulators to raise up to $100 million in an initial public offering of common stock, Reuters reported.
2 min read · 14 June 2013
British financial services firm Resolution Group and private equity firms TPG Capital and J.C. Flowers are bidding for Allstate Corp's Lincoln Benefit Life subsidiary, sources told Reuters.
2 min read · 13 June 2013
(Reuters) - Yankee Candle Co. Inc. has withdrawn a plan to borrow money in order to pay a dividend to its PE owner, Madison Dearborn, in a sign that a wave of such lucrative deals may be coming to an end.
2 min read · 13 June 2013
The Harlem Globetrotters - the highflying exhibition basketball team that has toured the world for decades - are on the block. Shamrock Capital Advisors, which owns 80% of the Globetrotters, is selling them, Reuters reports.
1 min read · 13 June 2013
(Reuters) - Private equity firms are sitting on $116 billion of assets trapped in so-called zombie funds that lie dormant but still rake in fees from investors, research showed on Thursday.
2 min read · 13 June 2013
Natural gas company Antero Resources Corp., which is controlled by Warburg Pincus LLC, on Thursday filed papers to raise $1 billion through an IPO. The SEC filing does not say how many shares the company plans to sell or the expected price of the shares.
1 min read · 13 June 2013
(Reuters) - Industrial and construction supplies distributor HD Supply Holdings Inc., backed by PE firms Bain Capital, Carlyle Group and Clayton Dublier & Rice, plans to raise as much as $1.33 billion in an initial public offering.
1 min read · 13 June 2013
Private equity firm BC Partners is on the verge of clinching the purchase of German publisher Springer Science for somewhere in excess of 3 billion euros, sources told Reuters.
2 min read · 13 June 2013
Coty priced its initial public offering at $17.50 a share on Wednesday in the middle of the expected range, a source briefed on the matter said, as the maker of celebrity perfumes went public after a recent surge in beauty company stock values, Reuters reported.
2 min read · 13 June 2013
