Private Equity
3 min read · 06 May 2011
1 min read · 06 May 2011
HONG KONG, May 5 (Reuters) - Affinity Equity Partners, one of Asia's largest and most successful private equity firms, has taken a hit to its reputation and seen some credit lines pulled over two failed investments. Affinity sold a majority stake in Jaya Holdings for S$202.6 million to a Deutsche Bank-led consortium in February, after struggling for a year to offload the troubled Singaporean shipping firm.
5 min read · 05 May 2011
2 min read · 04 May 2011
NEW YORK, May 4 (Reuters) - Wells Fargo Securities, part of Wells Fargo & Co., said on Wednesday it has hired John Jinishian to head up its West Coast technology mergers and acquisitions group. Wells Fargo has been on a hiring spree lately; earlier this week Reuters reported JPMorgan’s Mark Solomons and Akhil Ahuja joined the bank’s tech banking team.
1 min read · 04 May 2011
1 min read · 04 May 2011
2 min read · 03 May 2011
NEW YORK, May 2 (Reuters) - Insight Communications Co, controlled by The Carlyle Group, is expected to receive first-round bids over the next two weeks as part of its sale process, three sources familiar with the situation said. The country's ninth-largest cable operator in the United States had hired Bank of America Merrill Lynch and UBS AG in March to run the company sale process.
3 min read · 02 May 2011
1 min read · 02 May 2011
NEW YORK (Reuters) - Final buyout bids for Warner Music Group are due on Monday and the company could be sold by the end of the week in a deal valued at over $3 billion, according to a person familiar with the matter. The third round of bids is led by two competing financial groups Len Blavatnik's Access Industry and a joint bid by Tom and Alec Gores' Platinum Equity and Gores Group, according two people.
3 min read · 02 May 2011
