RN

Reuters News

MBK and Affinity Eye Stake in Korean Water Purifying Company Woongjin Coway

Woongjin Holdings has put a 30.9% stake in Woongjin Coway on the block and hired Goldman Sachs to manage the sale, which it hopes will fetch as much as $1.7 billion, Reuters reports.

2 min read · 19 April 2012

PE Firm Emerging Capital Partners Plans to Invest 'Significant Amount' in East Africa

Private equity firm Emerging Capital Partners is planning to deploy a "significant amount" of capital in fast-growing east Africa, which includes Kenya, Uganda, Tanzania, Burundi and Rwanda.

2 min read · 19 April 2012

Flush with VC, Manhattan Tech and Media Startups Grow Up and Out

Growing tech and media startups are driving up rents in Manhattan. Rent in the most desirable Midtown South buildings rose 33% from a year earlier and by $10.08 from the prior quarter to $67.52 per square foot.

5 min read · 19 April 2012

Twitter to Limit Patent Use in Litigation

Out west in Silicon Valley, a few Fortune 100 tech companies have gotten comfortable hurling patent suits at virtually anyone--but Twitter says it plans to abstain.

2 min read · 18 April 2012

Actis Looking to Boost African Investment

2 min read · 18 April 2012

StanChart eyes $100 million Gulf PE deal

2 min read · 18 April 2012

If IPOs by Splunk, Infoblox and Proofpoint Are a Hit, VC Backers' Shares Would Be Worth Over $1.1B

Forget Facebook. The fate of the IPO market this week could depend on the public offerings of three lower profile enterprise companies backed by venture firms: Splunk, Infoblox and Proofpoint.

4 min read · 17 April 2012

Exclusive: Carlyle Group in talks with Sunoco for Philly refinery: source

The Carlyle Group is in talks to buy a 335,000 barrel per day refinery from Sunoco

2 min read · 17 April 2012

Carlyle Weighs Metaldyne Deal

Just as the Carlyle Group is taking its IPO on the road, it looks like the PE firm is also hiring bankers to deal its Metaldyne auto parts asset, Reuters reports.

2 min read · 17 April 2012

Toshiba Unit to Buy IBM Point-of-Sale Ops

1 min read · 17 April 2012

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