Energy Investors Funds and NTE Energy LLC have formed a joined venture to develop, build and operate large-scale hybrid renewable energy facilities in the U.S. No financial terms were disclosed.
Alinda Capital Partners reportedly has paid $505 million to acquire NorTex Gas Storage, operator of two natural gas storage facilities in Texas, from Falcon Gas Storage, a portfolio company of Arcapita. www.alinda.com
Omninet Capital has completed its $200 million sale of PWP Industries, a manufacturer of amorphous polyethylene terephthalate) disposable products, to Pactiv Corp. (NYSE: PTV).
Egeria has completed its acquisition of AEGON's Dutch funeral insurance business for €212 million. Egeria is a Dutch investment group.
Nautic Partners has agreed to sell Medegen, a Scottsdale, Ariz.-based developer of infusion therapy solutions, to CareFusion Corp. (NYSE: CFN). The deal is valued at $225 million in cash.
GeoDigm Corp., a portfolio company of Welsh, Carson, Anderson & Stowe, has agreed to acquire National Dentex Corp. (Nasdaq: NADX), an owner and operator of dental laboratories in North America. The deal is valued at nearly $98 million, or $17 per share (70% premium to last Thursday's closing price).
Groeb Farms Inc., a portfolio company of Horizon Partners, has acquired Miller's American Honey Inc., a Colton, Calif.-based honey producer. No financial terms were disclosed. Houlihan Smith & Co. advised Miller's American Honey on the deal.
NEW YORK (Reuters) – U.S. hotels firm Extended Stay is favoring a new planned bid for it from investment companies Centerbridge Partners and Paulson & Co over a rival one on the table from a group led by Starwood Capital Group, a source familiar with the situation said on Sunday. The Starwood-led group had agreed […]
NEW YORK (Reuters) – Billionaire investor Wilbur Ross said on Sunday he is prepared to commit up to 500 million pounds ($760 million) to support Virgin Money in its bid to buy the branch network of the Royal Bank of Scotland (RBS.L). Ross said he has also invested $100 million ($152 million) in Virgin Money, […]
(Reuters) – SkillSoft Plc (SKIL.O) said SSI Investments III Ltd , a consortium of private equity firms, raised its cash offer for the e-learning software maker to $1.2 billion, sending its shares up 8 percent. The consortium of funds owned by Berkshire Partners, Advent International and Bain Capital has revised its offer for SkillSoft to […]