peHUB First Read

First Read kicks off your week with news of Hillary Clinton making official her 2016 presidential bid, Chinese hackers reportedly spied on Southeast Asia for a decade and Apple Watch’s U.S. pre-orders hit one million on launch day,

PE-owned Trainline plans IPO

Trainline, a UK online provider of train tickets and booking solutions, is planning on launching an IPO, confirms a spokesperson at the firm. The company plans on listing its stock on the London Stock Exchange. The number of shares the stock will sell as well as its pricing terms have yet to be disclosed. Trainline is owned by British private equity firm Exponent.

OMERS Seals Financing for V.Group

Canadian pension fund Ontario Municipal Employees Retirement System has sealed additional financing for its acquisition of Scotland-based shipping services company V.Group, Reuters reported Friday. HSBC and Citi joined the Royal Bank of Canada in underwriting a $260 million loan for the acquisition. OMERS acquired V.Group in July from private equity firm Exponent for $520 million backed by leveraged loans solely underwritten at the time by RBC, Reuters wrote.

Exponent Private Equity Buying Gorkana

Exponent Private Equity has agreed to buy Gorkana, a journalist database for PR pros, according to PaidContent. The deal is valued at under £25 million, with Exponent merging Gorkana with existing portfolio company Durrants.

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