Dealmakers celebrating a record year for mergers and acquisitions (M&A) that was bolstered by mega deals are pinning their hopes on a larger number of smaller deals to fuel consolidation in 2016, Reuters News reported.
Goldman Sachs Group Inc's private equity arm and buyout firm Thomas H. Lee Partners LP have agreed to acquire facility management company GCA Services Group Inc from Blackstone Group LP, sources told Reuters News.
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 […]
Sycamore Partners came close to an agreement to acquire U.S. women's apparel maker Chico's FAS Inc late last month, but financing and valuation concerns have since weighed on the negotiations, sources told Reuters News.
Blackstone Group LP (BX.N) is exploring the sale of GCA Services Group Inc, in a deal that could value the provider of janitors and cleaners to schools and businesses at more than $1 billion, including debt, sources told Reuters News.
KKR & Co LP said on Thursday that its second-quarter earnings rose 67 percent year-on-year, reaching a quarterly record that far exceeded most analysts' expectations, as its private equity funds appreciated far more than the wider market.
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.
Thoma Bravo LLC has been speaking to some of its largest private equity investors about putting together a bid for NCR Corp (NCR.N) that could value the ATM maker at around $9 billion, including debt, sources told Reuters News.
Blackstone Group LP (BX.N), the world's largest alternative asset manager, reported a 62 percent slump in second-quarter earnings on Thursday, yet performance fee revenue generated from selling assets surpassed many analysts' expectations.