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Brazos to make 3x its money with Vision Source sale

Winding down hasn’t stopped Brazos Private Equity Partners LLP from posting big gains. Brazos expects to make nearly 3x its money with the sale of Vision Source, a source familiar with the deal said. On Thursday, Essilor of America Inc, a subsidiary of Essilor International, agreed to buy Vision Source. Financial terms weren’t announced. The […]

The wheels of an indoor bicycle are seen spinning at a SoulCycle class at their Union Square location in New York April 13, 2011. RREUTERS/Shannon Stapleton

PE HUB Second Opinion

In Second Opinion, the U.S. economy grew 2.3 percent in the second quarter, NBCUniversal is reportedly close to investing in BuzzFeed and Vox and workout chain SoulCycle files for an IPO

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PE HUB First Read

First Read ushers in your morning with news that Shell will be cutting 6,500 jobs after posting a sharp drop in profits, Baidu is planning a $1 billion buyback to bolster its declining stock price and India will have more people than China by 2022.

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PE HUB Second Opinion

In Second Opinion, the Federal Reserve says it is close to hiking up interest rates as job market improves, Yahoo will be rolling out a silent video chat app Livetext tomorrow and investigators are probing whether plane debris found near Madagascar is from the Malaysian Airlines plane that disappeared in March 2014.

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PE HUB First Read

First Read begins your morning with news that Solvay is buying Cytec Industries for $5.5 billion, Chevron is cutting 1,500 jobs to help cut costs by $1 billion and Microsoft launches Windows 10.

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PE HUB Second Opinion

In Second Opinion, U.S. stocks leap to triple digits as China’s market finally stabilizes, a German regulator says that Facebook cannot prevent users from using fake names and Jonathan Pollard, who was convicted in the U.S. 30 years ago as a spy for Israel, will be released on parole this November.

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PE HUB First Read

First Read kicks off your morning with news that Honeywell has acquired Elster for $5.1 billion, police raid fake iPhones factory in China and Amazon launches its Prime Music streaming service in the UK.

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