Providence Equity Partners related stories
All articles and analysis
Virgin Media considers take privateA private equity consortium led by Providence Equity Partners is reportedly preparing a $15 billion bid for UK cable business Virgin Media.
- Cerberus joins BCE battle
Cerberus has joined the race to buy BCE, a $29 billion Canadian telecoms giant currently undergoing a strategic review, as the country’s biggest pension funds scramble for some involvement in the deal.
- Consortiums eyeing $24bn Alltel deal
US regional wireless carrier Alltel is reportedly in meetings with at least three groupings of major private equity firms: Blackstone and Providence, TPG and Goldman Sachs, and Carlyle and KKR.
- Providence to buy Carlyle, Welsh Carson portfolio company for $1.5bn
The Carlyle Group and Welsh Carson have agreed to sell USIS, a provider of “pre-employment screening solutions”, to Providence Equity Partners for $1.5 billion.
- Ironbridge to acquire New Zealand’s MediaWorks for $407m
Ironbridge Capital is set to take over MediaWorks in New Zealand after it reached an agreement to buy out the company’s 70 percent shareholder in a transaction that values the company at $407 million.
- Cerberus-backed group increases Affiliated bid(2)
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.
- BCE in talks with KKR, Canadian pensions(2)
Canada’s largest communications company, BCE, has announced it is in buyout discussions about a potential $28 billion privatisation.
- 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.