LONDON (Reuters) – Private equity firm Cinven is teaming up with retail executive Rob Templeman to consider a 500 million pound ($793.8 million) bid for UK furniture retailer DFS, the Daily Telegraph reported on Friday without citing sources. A spokesman for Cinven could not be reached for comment. Templeman is chief executive of retailer Debenhams […]
LONDON (Reuters) – U.S. private equity group Blackstone (BX.N) and British buy-out firm Resolution (RSL.L) are in the running to join National Australia Bank in a possible bid for more than 300 branches of Royal Bank of Scotland, the Financial Times reported on Friday. A spokesman for Resolution declined comment. Blackstone could not be reached […]
(Reuters) – Marlin Equity Partners said it acquired certain segments of information technology company Unisys Corp (UIS.N) and subsequently formed a new company, Burroughs Payment Systems Inc. Shares of Blue Bell, Pennsylvania-based Unisys, which rose as much as 12 percent to $35.08 Thursday morning on the New York Stock Exchange, were trading up 11 percent […]
LONDON (Reuters) – Optics specialist Carl Zeiss AG is poised to prop up its eyeglass lens maker Carl Zeiss Vision with a second equity injection which will dilute the shareholding of private equity firm EQT, two sources said on Thursday. Carl Zeiss Vision, which was formed by the merger of Sola International with the eyeglass […]
Taiwan's economic minister said the National Development Fund has decided not to inject funds into a newly established PC chip company, which will instead seek funding from the private sector.
Catterton Partners, has acquired Sun Water Systems, Inc., the maker of Aquasana, a home water filtration system. Terms of the transaction were not disclosed.
(Reuters) – Investors on Wednesday held on to their reputation of being hard to please. The shares of drugmaker Ironwood Pharmaceuticals Inc (IRWD.O) raised less than expected, although they did close 3.6 percent above their initial public offering price on their Nasdaq debut. And Boutique investment bank Imperial Capital Group Inc (ICG.N) postponed its IPO […]
(Reuters) – Private equity group 3i (III.L) is exploring selling Nordic care home operator Ambea or listing it on a stock market, several bankers close to the deal said on Wednesday. Private Capital The company, which operates under its Mehiläinen and Carema brands, could fetch somewhere in the 700 million to 1 billion euro ($1.40 […]
The World Bank's private sector lending arm is investing more than $2 billion in sub-Saharan Africa in the 2009/10 fiscal year as investment opportunities improve, the lender's head said on Thursday.
Star Avenue Capital has purchased a majority interest in J Brand, a premium denim company. Star Avenue Capital is a Los Angeles-based consumer growth equity vehicle formed in partnership with buyout firm Irving Place Capital and entertainment and sports agency Creative Artists Agency (CAA).