UPDATE 1-Fresenius set to walk away from Danone unit - sources
Friday November 28th, 2014 06:37:04 PM
* Frustration with slowness, complexity of process - source
UPDATE 1-Swedish Match in talks with private equity firms to sell STG
Friday November 28th, 2014 05:40:53 PM
(Adds first round bid deadline, background, updates share price)
Apax, Bain submit offer for Portugal Telecom assets-sources
Friday November 28th, 2014 05:25:47 PM
LISBON, Nov 28 (Reuters) - Private equity funds Bain Capital and Apax Partners, together with Portuguese conglomerate Semapa , submitted on Friday a firm offer to buy Portugal Telecom's operations in...
Bondholders throw their support behind Towergate
Friday November 28th, 2014 04:45:53 PM
LONDON, Nov 28 (IFR) - Towergate's senior secured and unsecured bondholders both issued statements supporting the troubled UK insurance broker on Friday, flying in the face of speculation that...
Swedish Match in talks with private equity firms to sell STG -Bloomberg
Friday November 28th, 2014 04:28:46 PM
STOCKHOLM, Nov 28 (Reuters) - Swedish Match AB and Skandinavisk Holding, the owners of Scandinavian Tobacco Group, are in talks with private-equity firms about a possible sale of the cigar maker,...
Canadian startups woo Silicon Valley expats for top jobs
Friday November 28th, 2014 03:38:32 PM
TORONTO, Nov 28 (Reuters) - Technology startups in Canada are seeking to lure back expatriates from Silicon Valley with the promise of executive roles, generous stakes and the chance to stamp their...
TPG exits China Grand Auto via Haitong sale
Friday November 28th, 2014 03:19:43 PM
HONG KONG, Nov 28 (Reuters) - TPG is exiting its whole investment in car dealership China Grand Automotive Services (CGA) through a sale to Haitong Securities and a third party investor, according to...
UPDATE 1-Austria re-opens sale of Hypo Balkan network - sources
Friday November 28th, 2014 03:13:24 PM
* Sale process pushed into next year (Adds details and background)
Altice to partner with Portgual's postal service if it wins telecom deal
Friday November 28th, 2014 02:56:08 PM
PARIS, Nov 28 (Reuters) - Telecoms group Altice said it would partner with CTT, Portugal's postal service, on projects in the event that it won a bidding war with private equity funds to buy the...
TRLPC-BCA owner CD&R set for dividend payout
Friday November 28th, 2014 01:24:11 PM
LONDON, Nov 28 (Reuters) - The UK's largest seller of second-hand vehicles British Car Auctions (BCA) is seeking to raise a minimum 148 million pounds (232.30 million US dollar) of new loans to...
UPDATE 2-S.Korea fails to sell controlling stake in Woori Bank again
Friday November 28th, 2014 10:22:02 AM
* Chinese insurer Anbang sole bidder for controlling stake
Smaller alternative funds complain of European 'passport' costs
Friday November 28th, 2014 09:06:37 AM
LONDON, Nov 28 (Reuters) - Hedge fund and real estate fund managers are facing unexpected charges and administrative hurdles to sell their funds across Europe, deterring some from doing so and...
Australian billboard firm oOh! Media plans $141 mln IPO
Friday November 28th, 2014 08:46:36 AM
SYDNEY, Nov 28 (Reuters) - Australian billboard company oOh! Media said it plans to raise A$166 million ($141 million) in an initial public offering, the latest in a series of listings by private...
S.Korea's Woori Bank receives lone bid in $2.7 bln stake auction -Yonhap
Friday November 28th, 2014 08:29:04 AM
SEOUL, Nov 28 (Reuters) - South Korea's auction of a controlling stake in Woori Bank, the country's second-largest lender, attracted only one bid, from China's Anbang Insurance Group Co Ltd, local...
Private equity funds see promise in Australia's battered mines
Thursday November 27th, 2014 09:00:00 PM
* Private funds look for bargains in struggling mining sector
UPDATE 2-Apax's $300 mln mid-market Israeli fund to start investing - source
Thursday November 27th, 2014 05:24:22 PM
LONDON, Nov 27 (Reuters) - European private equity house Apax is nearing the target on its $300 million Israeli mid-market fund and is expected hold a so-called "first close" next week, allowing it...
EU mergers and takeovers (Nov 27)
Thursday November 27th, 2014 05:12:06 PM
BRUSSELS, Nov 27 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:
Italian fund plans vehicle to help banks manage bad loans
Thursday November 27th, 2014 03:59:51 PM
MILAN, Nov 27 (Reuters) - Private equity fund Opera plans to set up an investment vehicle to manage some of the bad loans of Italian banks in an attempt squeeze more value out of them.
Egypt's Qalaa to issue shares by May for swap, restructuring
Thursday November 27th, 2014 02:39:32 PM
ABU DHABI, Nov 27 (Reuters) - Egypt's Qalaa Holding will issue shares worth 4 billion Egyptian pounds ($560 million) by May 2015 to advance a major restructuring of the loss-making investment fund, a...
TRLPC-3i seeks dividend payment from Dutch retailer Action
Thursday November 27th, 2014 02:11:11 PM
LONDON, Nov 27 (Reuters) - Private equity firm 3i is set to take 285 million euros (355.65 million US dollar) from its Dutch retailer Action as part of a wider 840 million euro refinancing, banking...