Providence Equity Partners related stories
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Ontario Teachers linked with biggest ever buyout(2)Shares in BCE, a Canadian telecoms group, soared today following speculation that the Ontario Teachers’ Pension Plan is talking to potential private equity partners about a $45 billion buyout.
- Providence to buy Clear Channel division for $1.2bn(2)
Clear Channel is selling a group of 54 television stations to Providence Equity Partners for $1.2 billion. The media giant is also in agreements to sell 161 radio stations for $331 million.
- Providence appoints STAR chief to Hong Kong post(2)
Providence Equity Partners continues its Asian expansion, this time with the appointment of the former CEO of STAR, a leading media and entertainment company on the continent.
- Carlyle and Providence in Australia media deal(2)
The Carlyle Group and Providence Equity Partners have become the new partners for Irish publishing group Independent News & Media in the latter’s listed media business in Australia and New Zealand.
- Providence closes $12bn fund(2)
The Providence, Rhode Island-based firm has tripled the size of its previous fund with the closing of its sixth, Providence Equity Partners VI.
- Colony to acquire Station Casinos for $9bn(2)
The Los Angeles private equity real estate firm is leading a management buyout of the casino operator as it continues its activity in the gaming sector.
- Providence Equity Partners opens Asian offices(2)
Providence Equity Partners is opening offices in Hong Kong and India to support growing investment activities in the region. The private equity firm has recruited in Hong Kong.
- US buyout groups join BVCA(2)
Bain Capital, Blackstone, Carlyle and KKR have signed up to the BVCA, a UK trade body, as the industry continues its charm offensive.
- KKR-led group set to acquire Laureate
KKR teams up with a consortium of banks, hedge funds and investors to buy the world’s largest higher education provider, in a $3.8 billion deal.
- Cerberus-backed group increases Affiliated bid
A Cerberus-backed bid for IT outsourcing firm Affiliated Computer Services has been raised nearly 5 percent – after its board’s rejected the investors’ request to enter into exclusive negotiations.