Sterling Investment Services’ Private Equity News

  • New players, smaller landlords in next wave of SFR bonds Friday October 31st, 2014 06:56:23 PM
    NEW YORK, Oct 31 (IFR) - Market participants are preparing for the next phase of single-family rental (SFR) bonds, as a fresh crop of players gain momentum in financing smaller batches of rented out...

  • Slovenia picks Deutsche Telekom, 4 funds to bid for telecoms firm-sources Friday October 31st, 2014 05:55:22 PM
    LONDON/FRANKFURT, Oct 31 (Reuters) - Slovenia has narrowed the field of bidders for its largest telecoms provider to Deutsche Telekom and four buyout firms, several sources said, as the government...

  • German IVG aims to sell institutional funds business Friday October 31st, 2014 04:34:40 PM
    FRANKFURT, Oct 31 (Reuters) - German property company IVG Immobilien is gearing up to sell its institutional funds business as part of a broader effort to offload assets after emerging from...

  • CORRECTED-Design site Minted raises new cash, expands into textiles Friday October 31st, 2014 03:55:52 PM
    SAN FRANCISCO, Oct 30 (Reuters) - Minted, an online marketplace for stationery and art, has raised $38 million in new financing as it taps into consumer demand for small-batch, high-participation...

  • All eyes on Scientific Games LBO bond Friday October 31st, 2014 03:17:53 PM
    NEW YORK, Oct 31 (IFR) - Underwriters are facing another problem when backing leveraged buyouts - and this time it's not regulators but unpredictable debt markets.

  • Bulgaria's prospective PM douses hopes of Corpbank rescue Friday October 31st, 2014 03:10:59 PM
    SOFIA, Oct 31 (Reuters) - The man expected to be Bulgaria's next prime minister on Friday poured cold water on a plan by a consortium to rescue Corporate Commercial Bank (Corpbank) , nudging the...

  • RLPC-Changes to Fat Face's leveraged loan hits banks Friday October 31st, 2014 02:32:24 PM
    LONDON, Oct 31 (Reuters) - Changes to British outdoor clothing chain Fat Face's leveraged loan will bring losses for its arranging banks as investors demand higher returns after recent global market...

  • Siemens seen picking EQT for hearing aids next week Friday October 31st, 2014 09:25:27 AM
    MUNICH/LONDON, Oct 31 (Reuters) - Siemens is likely to pick EQT next week to buy its hearing aids unit for about 2 billion euros ($2.5 billion), two sources familiar with the matter said.

  • BRIEF-Lewis Group makes offer to buy Beares brand, some stores from Ellerine Furnishers Friday October 31st, 2014 05:15:07 AM
    * Has pursuant to a competitive bid process, submitted an offer to acquire "Beares" brand, some selected stores, from Ellerine Furnishers Proprietary Ltd ("Ellerines")

  • RadioShack lender Salus seekS to add debt holdings -Bloomberg Thursday October 30th, 2014 11:43:18 PM
    Oct 30 (Reuters) - A major RadioShack Corp lender is attempting to buy a bigger part of the electronic retailer's debt in exchange for backing the company's store-closing plan, Bloomberg reported,...

  • UPDATE 1-Energy company Seven Generations set to raise C$810 million in IPO Thursday October 30th, 2014 06:11:19 PM
    TORONTO, Oct 30 (Reuters) - Seven Generations Energy Ltd is poised to raise C$810 million ($724.31 million) via an initial public offering that priced at the lower end of a previously anticipated...

  • IVG attracts bids for landmark Squaire building in Frankfurt - source Thursday October 30th, 2014 05:23:10 PM
    FRANKFURT, Oct 30 (Reuters) - German property company IVG Immobilien has attracted three bids for Frankfurt office and hotel building The Squaire, as it seeks to offload assets after emerging from...

  • Carlyle-Vitol joint venture looks to buy European refining assets Thursday October 30th, 2014 04:38:26 PM
    LONDON, Oct 30 (Reuters) - A joint venture by private equity firm Carlyle Group and oil trader Vitol is looking to buy more midstream and downstream assets in Europe, including at least one refinery...

  • Seven Generations IPO set to raise C$810 million Thursday October 30th, 2014 03:53:48 PM
    TORONTO, Oct 30 (Reuters) - Seven Generations Energy is set to raise C$810 million ($723 million) via an initial public offering that priced at the lower end of a previously anticipated range,...

  • UPDATE 3-Vattenfall eyes sale of German lignite assets after posting huge loss Thursday October 30th, 2014 02:34:00 PM
    * Q3 operating loss SEK 19.4 bln vs year-ago profit of 4.9 bln

  • UPDATE 1-Private equity firm Advent, EBRD to buy Hypo's Balkans arm Thursday October 30th, 2014 01:33:40 PM

  • Design site Minted raises new cash, expands into textiles Thursday October 30th, 2014 01:00:00 PM
    SAN FRANCISCO, Oct 30 (Reuters) - Minted, an online marketplace for stationery and art, has raised $38 million in new financing as it taps into consumer demand for small-batch, high-participation...

  • UPDATE 1-Bahraini investment firms buy US company PRO Unlimited Thursday October 30th, 2014 12:58:22 PM
    DUBAI, Oct 30 (Reuters) - Bahrain-based alternative investment fund Investcorp and sovereign fund Mumtalakat have acquired U.S. software and services firm PRO Unlimited for around $300 million.

  • BRIEF-Prezzo says deadline for possible offers from Advent, TPG Capital extended Thursday October 30th, 2014 11:26:39 AM
    * Board has sought consent of takeover panel for an extension to deadline in order to further explore each of proposals

  • UPDATE 2-Hyundai ad arm Innocean readies IPO in push for global business Thursday October 30th, 2014 10:54:34 AM
    SEOUL, Oct 30 (Reuters) - Innocean Worldwide Inc, the in-house advertising agency for Hyundai Motor Group, chose bankers on Thursday to manage an initial public offering that it hopes enables it to...

  • Bayer says animal health unit large enough Thursday October 30th, 2014 10:13:04 AM
    FRANKFURT, Oct 30 (Reuters) - Bayer sought to dampen expectations that any proceeds from a separate listing of its plastics unit would be used for takeover deals to bolster its animal health...

  • Bahrain's Investcorp, Mumtalakat buy U.S. workforce services firm PRO Unlimited Thursday October 30th, 2014 07:43:45 AM
    DUBAI, Oct 30 (Reuters) - Bahrain-based alternative investment fund Investcorp said on Thursday it and sovereign fund Mumtalakat had acquired United States-based software and services firm PRO...

  • Advent, EBRD to buy Hypo Balkans network Thursday October 30th, 2014 07:23:38 AM
    VIENNA, Oct 30 (Reuters) - Nationalised Austrian lender Hypo Alpe-Adria-Bank International AG has agreed to sell its Balkans network to private equity firm Advent International and its partner the...

  • Australia's AMP first company to buy stake in a Chinese pension firm Thursday October 30th, 2014 06:24:00 AM
    SYDNEY, Oct 30 (Reuters) - Australian wealth manager AMP Ltd said on Thursday it agreed to buy a 19.99 percent stake in China's largest pension annuities company, making it the first foreign firm to...

  • Hyundai ad arm Innocean readies IPO in push for global business Thursday October 30th, 2014 02:45:14 AM
    SEOUL, Oct 30 (Reuters) - Innocean Worldwide Inc, the in-house advertising agency for Hyundai Motor Group, will soon choose bankers to manage an initial public offering that it hopes enables it to...

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