Sterling Investment Services’ Private Equity News

  • Women venture capitalists underperform men, say Harvard academics Thursday August 21st, 2014 03:50:44 PM
    SAN FRANCISCO, Aug 21 (Reuters) - Women venture capitalists underperform their male counterparts by some 15 percent, according to a new Harvard University study, but the performance differences have...

  • Asklepios eyes hospital deals worth 1 bln euros-magazine Thursday August 21st, 2014 02:16:34 PM
    FRANKFURT, Aug 21 (Reuters) - Unlisted German hospitals chain Asklepios plans to spend at least 1 billion euros ($1.3 billion) on buying healthcare facilities from rivals and has focused its...

  • Catalyst CEL Fund invests $42 mln in Lamina Technologies Thursday August 21st, 2014 01:55:31 PM
    JERUSALEM, Aug 21 (Reuters) - The Catalyst CEL Fund said on Thursday it had agreed to invest $42 million in Lamina Technologies, a Swiss-based maker of metal-cutting tools.

  • China private equity firm Orchid Asia raises $920 mln in sixth fund Thursday August 21st, 2014 09:59:11 AM
    HONG KONG, Aug 21 (Reuters) - Orchid Asia, one of China's oldest private equity firms, said on Thursday it had closed its sixth private equity growth fund, raising $920 million, well above its...

  • OCBC in talks with Thai tycoon to sell United Engineers stake - sources Thursday August 21st, 2014 07:25:25 AM
    SINGAPORE, Aug 21 (Reuters) - Oversea-Chinese Banking Corp , Singapore's second-biggest lender, is in talks with a group linked to Thai billionaire Charoen Sirivadhanabhakdi to sell its stake in...

  • INDIA PRESS-Laila Nutraceuticals in talks with PEs to raise $40 mln-Economic Times Thursday August 21st, 2014 03:11:43 AM
    Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Aby Jose Koilparambil in Bangalore)

  • UPDATE 1-Australia's SAI Global returns to profit as suitors line up Thursday August 21st, 2014 12:14:37 AM
    * FY14 underlying profit A$45 mln vs A$45.56 mln analysts' fcasts

  • Australia's SAI Global returns to profit on efficiency gains Wednesday August 20th, 2014 11:53:50 PM
    SYDNEY, Aug 21 (Reuters) - Australian industry compliance firm and takeover target SAI Global Ltd announced on Thursday a return to an annual net profit from a loss the previous year, hitting analyst...

  • Silicon Valley startup accelerators on the hunt for health-tech talent Wednesday August 20th, 2014 10:59:10 PM
    SAN FRANCISCO, Aug 20 (Reuters) - What do Dropbox, Stripe, Airbnb and Reddit have in common? These technology firms all received mentorship and money from Silicon Valley's so-called startup machine,...

  • UPDATE 1-Carlyle-backed Axalta Coating files for IPO Wednesday August 20th, 2014 10:07:54 PM
    Aug 20 (Reuters) - Axalta Coating Systems Ltd, a paint coatings company backed by buyout firm Carlyle Group LP, filed with U.S. regulators on Wednesday for an initial public offering of common stock.

  • Deals of the day- Mergers and acquisitions Wednesday August 20th, 2014 07:48:27 PM
    Aug 20 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:

  • UPDATE 1-Silver Lake, Bain vie for photobook maker Shutterfly-sources Wednesday August 20th, 2014 03:17:05 PM
    Aug 20 (Reuters) - Silver Lake Partners LP and Bain Capital LLC are among the buyout firms vying to acquire Shutterfly Inc , an online photo-sharing services provider with a market value of $2...

  • Silver Lake, Bain vie for photobook maker Shutterfly-sources Wednesday August 20th, 2014 02:30:06 PM
    Aug 20 (Reuters) - Silver Lake Partners LP and Bain Capital LLC are among the buyout firms in the running to acquire Shutterfly Inc, an online photo-sharing services provider with a market value of...

  • Paroc's portable bonds to aide sale Wednesday August 20th, 2014 12:58:23 PM
    LONDON, Aug 20 (IFR) - Portability language in Paroc's high-yield bonds will help the Finnish insulation firm's owners in their renewed efforts to sell the business.

  • China lighting company NVC seeks removal of CEO, alleging misconduct Wednesday August 20th, 2014 12:14:42 PM
    HONG KONG, Aug 20 (Reuters) - Chinese lighting manufacturer NVC Lighting Holding Ltd said on Wednesday it was taking emergency measures following its chief executive's refusal to step down after its...

  • RLPC-Lenders set to take control of Germany parking firm Apcoa Wednesday August 20th, 2014 12:08:15 PM
    LONDON, Aug 20 (Reuters) - German car parking business Apcoa , owned by French private equity firm Eurazeo, has agreed a financial restructuring of its 650 million euro ($863.40 million) debt...

  • UPDATE 2-Austria's BAWAG says in good shape for ECB health check Wednesday August 20th, 2014 11:26:55 AM
    * Maintains 2014 targets, H2 profit growth set to slow slightly

  • RPT-Despite lip service, Silicon Valley venture capital still a man's world Wednesday August 20th, 2014 11:00:00 AM
    SAN FRANCISCO, Aug 20 (Reuters) - When she started her child-support tracking business SupportPay, Sheri Atwood expected all kinds of suggestions - but not the tip she got from a female investor who...

  • UPDATE 1-Austrian fund a "ray of hope" for Bulgaria's Corpbank, says PM Wednesday August 20th, 2014 10:42:32 AM
    * Prime Minister says fund will present plan within 10 days

  • Sale of German mortgage bank Westimmo enters next phase -EAA Wednesday August 20th, 2014 10:26:38 AM
    DUESSELDORF, Germany, Aug 20 (Reuters) - German 'bad bank' Erste Abwicklungsanstalt (EAA), which has been tasked with winding down assets of failed German lender WestLB, said on Wednesday it expected...

  • Vienna fund a "ray of hope" for Bulgaria's Corpbank: PM Wednesday August 20th, 2014 09:23:38 AM
    SOFIA, Aug 20 (Reuters) - An unidentified fund based in Vienna has expressed interest in rescuing Bulgaria's Corporate Commercial Bank (Corpbank) and will present a concrete plan to do so within 10...

  • ABB sells Full Service business to Nordic Capital Wednesday August 20th, 2014 08:23:38 AM
    ZURICH, Aug 20 (Reuters) - Swiss engineering company ABB said on Wednesday it had agreed to sell its Full Service business unit to private equity company Nordic Capital for an undisclosed amount, the...

  • BAWAG PSK "well prepared" for bank health checks Wednesday August 20th, 2014 07:59:18 AM
    VIENNA, Aug 20 (Reuters) - Austrian lender BAWAG PSK is "well prepared" for the outcome of health checks on major euro zone banks this year, Chief Executive Byron Haynes said after the bank reported...

  • Hony Capital buys 20 pct stake in Chinese farm machinery maker for $113.3 mln Wednesday August 20th, 2014 07:50:27 AM
    BEIJING, Aug 20 (Reuters) - Hony Capital, the private-equity firm backed by Legend Holdings, said it bought a 20 percent stake in Chinese farm machinery maker Chery Heavy Industry Co Ltd for 696...

  • BAWAG PSK nearly doubles Q2 net profit Wednesday August 20th, 2014 06:06:27 AM
    VIENNA, Aug 20 (Reuters) - Austrian lender BAWAG PSK accelerated profit growth in the second quarter and more strong results ahead as it boosts revenue and keeps a tight hold on costs.

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