Sterling Investment Services’ Private Equity News

  • UPDATE 2-Aberdeen assets dip as client withdraws 4 billion pounds Monday July 28th, 2014 09:34:36 AM
    * Shares biggest fallers on FTSE 100 index (Adds analyst, shares, background)

  • Spain's Sabadell to sell debt recovery unit to Lindorff Monday July 28th, 2014 06:34:50 AM
    MADRID, July 28 (Reuters) - Spain's Banco Sabadell said on Monday says it had agreed to sell its debt recovery business to Lindorff Espana, part of Norwegian credit manager Lindorff, for 162 million...

  • INDIA PRESS-Sime Darby, Netcare in talks to buy 51 pct of Vasan Healthcare -Economic Times Monday July 28th, 2014 06:05:37 AM
    Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Aby Jose Koilparambil in Bangalore)

  • INDIA PRESS-HDFC Property Fund to exit four investments-Mint Monday July 28th, 2014 03:48:36 AM
    Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Aby Jose Koilparambil in Bangalore)

  • Sankaty to buy JPMorgan debt portfolio for $1 bln - FT Monday July 28th, 2014 03:06:24 AM
    July 28 (Reuters) - Bain Capital's credit arm, Sankaty Advisors, is buying the debt portfolio of JPMorgan's principal investment group for more than $1 billion, the Financial Times reported.

  • INDIA PRESS-Apax Partners to invest 5 bln rupees in Chola Finance-Business Standard Monday July 28th, 2014 02:57:19 AM
    Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Aby Jose Koilparambil in Bangalore)

  • INDIA PRESS-Wipro sets up $100 mln venture capital fund to invest in start-ups-Business Standard Monday July 28th, 2014 02:52:53 AM
    Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Aby Jose Koilparambil in Bangalore)

  • JP Morgan questioned on private bank impropriety - WSJ Monday July 28th, 2014 01:03:26 AM
    July 27 (Reuters) - JPMorgan Chase & Co executives have faced regulators' questions on whether private bank advisors guide clients to buy the firm's own financial products, according to a report in...

  • UniCredit close to selling more private equity holdings -source Sunday July 27th, 2014 01:29:27 PM
    MILAN, July 27 (Reuters) - Italy's UniCredit is close to selling a new portion of its private equity holdings after a similar deal in 2013, a source close to the matter said on Sunday, as European...

  • RBS advised to sell majority Ulster Bank stake - Sunday Business Sunday July 27th, 2014 10:36:17 AM
    DUBLIN, July 27 (Reuters) - State-backed British lender Royal Bank of Scotland has been formally advised by Morgan Stanley to sell a majority stake in its Irish unit, Ulster Bank, Ireland's Sunday...

  • Millhouse Capital says submits bid for Hypo Saturday July 26th, 2014 12:15:08 PM
    VIENNA, July 26 (Reuters) - Millhouse Capital has submitted a bid for Austrian nationalised lender Hypo Alpe Adria's network of Balkan banks, the London-based investment firm said on Saturday.

  • U.S. SEC appeals crisis-era case against ex-bank executives Friday July 25th, 2014 08:16:28 PM
    WASHINGTON, July 25 (Reuters) - U.S. government lawyers asked federal regulators on Friday to overturn a judge's ruling dismissing their case against two former State Street Corp executives accused...

  • UPDATE 1-Club Med board recommends shareholders back Bonomi's offer Friday July 25th, 2014 06:45:22 PM
    * Says can't unreservedly confirm it's in Club Med's interest

  • Orion Engineered Carbons raises $350 million in New York IPO Friday July 25th, 2014 05:54:34 PM
    July 25 (Reuters) - Orion Engineered Carbons S.A. raised about $350 million in an initial public offering (IPO) in New York on Friday in which the carbon black producer issued shares at $18 each.

  • UK's fraud office settles Vincent Tchenguiz claims Friday July 25th, 2014 05:34:15 PM
    (Adds details, background, comment from Vincent and Robert Tchenguiz)

  • Hedge fund Greenlight details short bets, still likes Apple Friday July 25th, 2014 05:17:58 PM
    BOSTON, July 25 (Reuters) - Hedge fund manager David Einhorn's Greenlight Capital told investors on Friday that it has short bets against supermarket chain Safeway Inc. and Questcor Pharmaceuticals...

  • KKR to invest in troubled sand maker Preferred Sands Friday July 25th, 2014 04:48:12 PM
    NEW YORK, July 25 (Reuters) - Private equity firm KKR & Co LP said on Friday its special situations fund would lead an investment of more than $680 million in Preferred Sands, keeping one of North...

  • BRIEF-UK's SFO settles civil damages claims brought by Vincent Tchenguiz Friday July 25th, 2014 03:47:32 PM
    * The Serious Fraud Office and Vincent Tchenguiz announce settlement of civil claims

  • Nordic Capital picks banks for Thule listing in Stockholm -sources Friday July 25th, 2014 03:39:49 PM
    * Thule could be worth over 10 bln SEK including debt -sources

  • UPDATE 1-Philips picks Morgan Stanley for lighting business stake sale -sources Friday July 25th, 2014 03:04:01 PM
    * Stake sale to private equity groups an option - sources

  • BRIEF-DRDGold says to sell some mining rights, assets for 220 mln rand Friday July 25th, 2014 12:41:42 PM
    * Disposal of the mining rights of East Rand Proprietary Mines Limited and related assets and cautionary announcement

  • Philips appoints Morgan Stanley for lighting unit sale -sources Friday July 25th, 2014 12:11:48 PM
    FRANKFURT, July 25 (Reuters) - Philips has picked Morgan Stanley to organise the sale of a stake in its lighting components business, which it is carving out as part of a strategic reshuffling, three...

  • UPDATE 1-Spain's Colonial offers 650 mln euros for Realia Patrimonio Friday July 25th, 2014 09:55:44 AM
    MADRID, July 25 (Reuters) - Spanish property company Colonial said it had made a 650 million euros ($874 million) offer for Realia Patrimonio, a unit of Realia which develops and rents commercial...

  • UPDATE 1-Thyssen hires Deutsche Bank to manage VDM unit sale-sources Friday July 25th, 2014 09:04:45 AM
    FRANKFURT, July 24 (Reuters) - German steelmaker ThyssenKrupp has picked Deutsche Bank to manage the sale of its high-performance alloy unit VDM, as it renews efforts to draw a line under an...

  • RBS says attracting private equity cash one option for Irish arm Friday July 25th, 2014 07:53:24 AM
    LONDON, July 25 (Reuters) - State-backed Royal Bank of Scotland said attracting private equity firms to inject cash into its Irish arm was one of several options it was considering as part of a...

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