Along with members of the company’s management team, the two firms have agreed to buy Nasdaq-traded Educate in a deal worth $545m. It is Citigroup’s and Sterling’s second education-related deal announced today.
2 min read · 03 January 2013
The DLJ spinout led by Larry Schloss has already made six investments, representing approximately 40 percent of the capital raised.
2 min read · 03 January 2013
The Gordon Brothers affiliate will use the $320m fund to invest in the retail and consumer products sectors.
1 min read · 03 January 2013
New York-based private investment giant Fortress Investment, which is preparing for an IPO, will sell a 15 percent stake to Tokyo-based Nomura Holdings in a deal worth $888m.
2 min read · 03 January 2013
International Paper has also agreed to sell a separate unit to Australian forest products company Carter Holt Harvey, bringing the total value of the company’s many spinouts to approximately $11bn.
2 min read · 03 January 2013
The global private equity firm has increased its offer for ElkCorp for the second time in one week, bringing the new total offer to $1.1bn.
1 min read · 03 January 2013
New York-based private investment giant Fortress Investment, which is preparing for an IPO, will sell a 15 percent stake to Tokyo-based Nomura Holdings in a deal worth $888m.
2 min read · 03 January 2013
The two firms have teamed up to help totes>>Isotoner’s line of accessories and to expand the company’s reach.
2 min read · 03 January 2013
In a deal that stretches the term ‘private equity’ and furthers a trend toward large PIPEs, the Euronext-listed affiliate of KKR will invest $700m in an atrophied Sun Microsystems through two convertible senior notes.
2 min read · 03 January 2013
The DLJ spinout led by Larry Schloss has already made six investments, representing approximately 40 percent of the capital raised.
2 min read · 03 January 2013