Oaktree Capital LLC, the world's largest distressed debt investor, said its two founders could each receive as much as $79.9 million in a secondary offering of its shares if the firm clears net proceeds of $367.6 million, Reuters is reporting.
2 min read · 21 May 2013
Former top commodities traders from Deutsche Bank are in talks with U.S. private equity group Riverstone to set up a $0.5-1.0 billion venture that will both invest and trade in commodities, Reuters is reporting.
2 min read · 21 May 2013
Blackrock, the $4 trillion U.S. fund manager, has bought private equity real estate fund MGPA in a deal that boosts its presence in Asia and continental Europe, Reuters is reporting.
1 min read · 21 May 2013
Seven West Media Ltd, owner of Australia's top-rated free-to-air television network, said on Tuesday that its major shareholder private equity firm KKR & Co had sold its entire A$260 million stake in the company, Reuters is reporting.
2 min read · 21 May 2013
Specialty chemicals producer Rockwood Holdings Inc's pigments businesses have attracted offers from buyout firms including Blackstone Group LP and Advent International Corp, several sources told peHUB.
3 min read · 20 May 2013
Dell Inc said in a letter to suitors Carl Icahn and Southeastern Asset Management that the company would not provide more information about itself unless the board determined that their proposal was "superior" to founder Michael Dell's, Reuters is reporting.
2 min read · 20 May 2013
Yahoo Inc said it is acquiring blogging service Tumblr for $1.1 billion cash, a bold bet by Chief Executive Marissa Mayer to revitalize the struggling Internet pioneer by co-opting a Web property with strong visitor traffic but little revenue, Reuters said.
1 min read · 20 May 2013
Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday.
2 min read · 20 May 2013
Blackstone Group LP is planning to create a hedge fund which will consist of the boldest trades from the third-party hedge funds it invests with, the Financial Times reported.
1 min read · 17 May 2013
Private equity group HgCapital has put on ice a sale of Schleich, the German company that makes high-quality miniature animal figures and Smurfs toys, sources told Reuters.
2 min read · 16 May 2013
