sunrise after storm

peHUB First Read

Click on the latest links after the weekend including fundraising news from AXA Private Equity and JPMorgan’s Highbridge; CPP targeting a nuclear fuel producer and find out why healthcare costs are going through the roof.

Slideshow: In Good Health

Healthcare buyouts accounted for 65% of the value of the top ten global private equity deals in 2011, according to a report by Bain & company. This top ten takes a look at who paid the highest price and for what deals.

peHUB First Read

So Um What’s the real unemployment rate? Oh.

So Um What’s the most shared links on Tweetminster today?

So Folks Are paying how much for Norwegian butter?

So Prokhorov wants to run the Nets and Russia

Entrepreneurs This is how you throw a holiday party that doesn’t piss off your investors

Financial Investigator Roddy Boyd lays the smackdown on Neil Shen

In a Flash! Apple homes in on venture-backed flash memory company Anobit

Anyone for Chinese logistics? Canada Pension Plan says yes!

Specialist Advice: Trident Gets the Big Data Expert

Back to Private Equity Roots: Chinese sovereign wealth fund real estate head Lau switches to become Euro PE head

VIP Treatment: Australian pet food producer subject of private equity duel

Australian Funds Flood in: QIC wins billion dollar private equity mandate

Gowalla Investors are Cool with $3m Facebook shares deal

TPG, CPP To Buy IMS Health for $5.2 Billion

TPG Capital and the Canada Pension Plan have agreed to buy IMS Health (NYSE: RX), a provider of data on prescription drug sales, for $22 per share (50% premium to last Friday’s closing price). The total deal would be valued at around $5.2 billion, including the assumption of debt. Goldman Sachs is providing the leveraged finance.

CPP, Sterling To Take Livingston International Private

(Reuters) – Canadian logistics services provider Livingston International Income Fund (LIV_u.TO) agreed to be taken private by Canada Pension Plan Investment Board and Sterling Partners in a deal valued at about C$225.3 million ($213.6 million). Under the deal, Livingston’s unit holders would receive C$8 per unit in cash, representing a premium of 20 percent based […]

Canadian LPs Deny Dow Jones Story

The Canada Pension Plan and Ontario Teachers’ Pension Plan are both denying a Dow Jones report that they are part of a group designed to “press buyout firms to give them a greater say over how their money is managed.” The article listed four groups as part of the lobbying effort, including CPP, Ontario Teachers, AlpInvest (Netherlands) and GIC (Singapore). In all the quartet manages over $100 billion of private equity assets.

“It is categorically untrue,” says Deborah Allen, director of communications for Ontario Teachers. “We regularly talk to other LPs — that’s part of our job — but we have no exclusive conversations or organization like was described… I think the technical term would be ‘poppycock.’”

PEHUB Community

Join the 12501 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

Psst! Got any hot tips?

  • This field is for validation purposes and should be left unchanged.

PE HUB News Briefs

RSS Feed Widget

Marketplace

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget