Private equity firms KKR & Co LP, Warburg Pincus LLC and Cinven Ltd are weighing bids for PRA International, a clinical research group, which is for sale and could fetch as much as $1.3 billion, sources told Reuters.
2 min read · 05 June 2013
Private-equity backed life insurer Partnership Assurance Group has brought forward its planned London stock market debut, sources told Reuters, indicating it has received strong demand for the shares.
2 min read · 05 June 2013
The Blackstone Group is in advanced talks to buy a business park in India's financial capital Mumbai for about 10 billion rupees ($176 million), Reuters reported.
1 min read · 04 June 2013
Carlyle Group LP's aerospace communications firm Arinc Inc has drawn early takeover interest from industry conglomerates and private equity firms in an auction that may fetch between $1.3 billion and $1.4 billion, Reuters reported.
2 min read · 04 June 2013
The head of Pirelli has reached a draft agreement with the Malacalza family to reshape the ownership structure of the Italian tiremaker, a source tells Reuters.
1 min read · 04 June 2013
The head of Pirelli is lining up new investors in order to keep his grip on the Italian tyremaker after falling out with stakeholder Malacalza Investimenti, which in turn is negotiating an exit.
2 min read · 04 June 2013
Private equity firm ChrysCapital has invested about $44.01 million in Indian consumer products maker CavinKare, writes Reuters. The investment will be used to strengthen and expand the brand portfolio of the south India-based consumer products company, CavinKare said, without disclosing further terms of the transaction.
1 min read · 04 June 2013
The California Public Employees' Retirement System registered to sell its 4 percent stake in Carlyle Group LP on Monday, one month after it moved to sell a quarter of its 8 percent stake in Apollo Global Management LLC, Reuters reported.
1 min read · 03 June 2013
New York-based private equity firm Clayton Dubilier & Rice is considering buying and merging the office maintenance units of Balfour Beatty's and Rentokil Initial's, the Financial Times reported on Monday.
1 min read · 03 June 2013
Tiger Global Management, a large private-equity and hedge-fund firm, has increased its investment in online ticketing start-up Eventbrite through a secondary transaction, Reuters reported.
2 min read · 03 June 2013
