BlackRock Inc has decided to sell four private-equity portfolios with a value of approximately $200 million, Reuters reported November 24, citing a person with knowledge of the investments.
Sweden’s Dometic has set the price in its initial public offering at 48 crowns per share, giving it a market capitalization of 14.2 billion Swedish crowns ($1.64 billion)ahead of its market debut on Wednesday, the company said in a statement.
Three mid-level bankers in Goldman Sachs Group Inc‘s (GS.N) technology investment banking group in San Francisco have left to take positions at ride service company Uber Technologies Inc in recent months, people familiar with the matter told Reuters.
U.S. private equity firm Bain Capital is selling shares in Hero MotoCorp Ltd, the world’s largest seller of motorcycles and scooters, to raise as much as $116 million, IFR reported, citing a person close to the deal.
EMC Corp, in a bid to boost shareholder support for its sale to Dell Inc, will retain a majority stake in Virtustream and abandon a plan to place the loss-making cloud services provider in a joint venture with VMware Inc, Reuters News reported.
Deliveroo has raised another $100 million (£66 million) in venture financing, its third investment round this year, as it rapidly seeks to expand its high-end restaurant takeaway order business to Asia, the company said on Tuesday.
Newly privatized Japan Post Bank Co, which manages 205 trillion yen ($1.67 trillion) in mainly Japanese government bonds, will set up a division to look for opportunities in private equity investments, the bank said on Tuesday.
European media giant Bertelsmann (BTGGg.F) is looking for a private equity partner to help it buy the rest of publisher Penguin Random House should co-owner Pearson (PSON.L) want a swift exit from the business, sources told Reuters.
The nation’s largest public pension, the California Public Employees’ Retirement System, expects to reveal this week how much private equity firms take as a profit from its $28.8 billion investment in that asset class, Reuters News reported.
Private equity firms Carlyle Group LP (CG.O) and TPG Capital Management [TPG.UL] are selling their entire remaining stake in Australian healthcare operator Healthscope Ltd (HSO.AX) in a deal worth about $612 million, IFR reported on Monday, Reuters News reported.
General Electric Co said on Monday it would sell its $5.9 billion portfolio of UK home loans to an investment consortium led by Blackstone Group LP, as it exits its UK mortgage business.
Hong Kong-listed G-Resources has agreed to sell its main asset the Martabe gold mine in Indonesia, for $775 million, including assumed debt, to a consortium led by a private equity firm headed by its vice chairman, Reuters reported.
French investment firm Eurazeo said on Monday that it plans to pay up to 335 million euros ($355.7 million) to buy 90 percent of Irish group Fintrax, a provider of VAT refunds for tourists.
Warburg Pincus LLC said on Monday it amassed $12 billion for its latest private equity fund, its biggest since the 2008 financial crisis and its first generalist fund since ex-U.S. Treasury Secretary Timothy Geithner became its president last year.
Pfizer Inc, the maker of Viagra and Lipitor, has struck a deal to buy Botox-maker Allergan Plc in a transaction valued at about $160 billion, Reuters News reported.
U.S. private equity firm Patriarch Partners LLC said on Sunday it has filed for Chapter 11 bankruptcy protection for Zohar I to protect the debt fund against efforts by MBIA Inc and MBIA Insurance Corp to obtain its assets, Reuters News reported.
Private equity firm CVC Capital Partners Ltd and Canada Pension Plan Investment Board (CPPIB) are nearing a deal to acquire Petco Holdings Inc, valuing it at around $4.7 billion, including debt, sources told Reuters News.
Private equity firm Lightyear Capital is looking to sell its majority stake in real estate investment manager Clarion Partners LLC for around $800 million, sources told Reuters.