Steve Schwarzman, Stephen, Blackstone Group,

Goldman, Thomas H. Lee in bid to buy Blackstone’s GCA: Reuters

Goldman Sachs Group Inc’s (GS.N) private equity arm and buyout firm Thomas H. Lee Partners LP are in talks to acquire facility management company GCA Services Group Inc from Blackstone Group Inc (BX.N), according to people familiar with the matter. Goldman’s and Thomas H. Lee’s consortium has submitted an offer that values GCA at around […]


Bonduelle prepares bid for Green Giant: Reuters

French food group Bonduelle SCA (BOND.PA) is in discussions to team up with Centerview Partners in a bid to acquire General Mills Inc’s (GIS.N) Green Giant frozen and canned vegetable business, Reuters News reported.


KKR merges teams after more leaders step down: Reuters

KKR & Co LP said it would merge some of its private equity industry teams in the United States after two more of its leaders stepped down, and as it prepares the ground for raising its next flagship North American buyout fund, Reuters News reported.


Carlyle to shutter its two mutual funds: Reuters

Carlyle Group LP has decided to liquidate the two mutual funds it launched last year, regulatory filings showed this week, as the private equity firm seeks other ways to gain more traction with so-called liquid alternative funds.