Sterling Investment Services’ Private Equity News

  • GSK CEO says significant interest in auction of mature drugs Wednesday July 23rd, 2014 11:47:57 AM
    LONDON, July 23 (Reuters) - GlaxoSmithKline has seen "very significant" interest from mid-sized pharmaceutical companies and private equity firms in acquiring a range of older drugs that it plans to...

  • CORRECTED (OFFICIAL)-Fidelity to boost equities team with City Financial fund buy Wednesday July 23rd, 2014 10:30:00 AM
    LONDON, July 22 (Reuters) - Fidelity Worldwide Investment said on Tuesday it planned to boost its UK equities team by acquiring the City Financial UK Opportunities Fund, led by market-beating manager...

  • Deals of the day- Mergers and acquisitions Wednesday July 23rd, 2014 09:58:53 AM
    July 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 0930 GMT on Wednesday:

  • BRIEF-UK's financial regulator imposes recruitment ban on the Financial Group Wednesday July 23rd, 2014 09:48:15 AM
    * FCA imposes recruitment ban on the Financial Group for failing to control its appointed representatives

  • China's WH Group to close institutional books early on $2 bln HK IPO-IFR Wednesday July 23rd, 2014 08:42:57 AM
    HONG KONG, July 23 (Reuters) - China's WH Group Ltd, the world's biggest pork company, has decided to stop taking orders from institutional investors for its $2.05-billion Hong Kong initial public...

  • RBS considers sale of Irish unit to private equity firm - Irish examiner Wednesday July 23rd, 2014 08:25:54 AM
    DUBLIN, July 23 (Reuters) - State-backed British lender Royal Bank of Scotland is considering selling its Irish unit Ulster Bank to a private equity firm, the Irish Examiner reported on Wednesday,...

  • CORRECTED-Kenyan private equity house Ascent raises $50 mln Wednesday July 23rd, 2014 08:21:18 AM
    NAIROBI, July 23 (Reuters) - Ascent, a Kenyan private equity firm, has raised $50 million for investment in about a dozen fast-growing companies across the east Africa region, it said on Wednesday.

  • INDIA PRESS-Reliance Private Equity's management to buy majority stake of fund - Economic Times Wednesday July 23rd, 2014 03:28:38 AM

  • JPMorgan nears sale of half its private equity business -WSJ Tuesday July 22nd, 2014 11:45:40 PM
    July 22 (Reuters) - JPMorgan Chase & Co is close to a deal to sell half its private equity business, One Equity Partners, the Wall Street Journal reported, citing people familiar with the matter.

  • Deals of the day- Mergers and acquisitions Tuesday July 22nd, 2014 08:00:39 PM
    (Adds Max Petroleum, Banca Carige, APM Terminals, Healthcare Group Holdings)

  • Max Petroleum says reviewing strategic options Tuesday July 22nd, 2014 05:07:58 PM
    July 22 (Reuters) - Oil and gas company Max Petroleum Plc said it was reviewing strategic options, including a sale.

  • Lindorff targeting high-yield bond for LBO Tuesday July 22nd, 2014 03:44:56 PM
    LONDON, July 22 (IFR) - Lindorff is looking to raise a high-yield bond to back Nordic Capital's recent acquisition of the company, said a banker on the deal.

  • RLPC-Bankers prepare 2.8 bln euro debt for SIG buyout Tuesday July 22nd, 2014 03:12:25 PM
    LONDON, July 22 (Reuters) - Bankers are working on around 2.8 billion euros ($3.77 billion) of debt financing to back the potential sale of SIG Combibloc Group, the world's second largest maker of...

  • Maersk's APM Terminals to sell container terminal in Virginia Tuesday July 22nd, 2014 02:54:17 PM
    COPENHAGEN, July 22 (Reuters) - Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said it would sell a big U.S. container terminal to infrastructure investor Alinda Capital...

  • Fidelity to boost equities team with City Financial fund buy Tuesday July 22nd, 2014 01:25:18 PM
    LONDON, July 22 (Reuters) - Fidelity Worldwide Investment said on Tuesday it planned to boost its UK equities team by acquiring the City Financial UK Opportunities Fund, led by market-beating manager...

  • AppDynamics raises $120 mln, joining billion-dollar valuation club Tuesday July 22nd, 2014 12:00:00 PM
    SAN FRANCISCO, July 22 (Reuters) - U.S. software-management company AppDynamics said Tuesday it raised $120 million in venture capital, launching the company into the growing group of startups valued...

  • UPDATE 2-Winoa Group pulls bond after investor resistance Tuesday July 22nd, 2014 11:09:47 AM
    * Banker says high-yield market still open (Adds further background and quotes)

  • Winoa Group will not proceed with high-yield bond deal Tuesday July 22nd, 2014 08:25:17 AM
    LONDON, July 22 (IFR) - The Winoa Group will not proceed with a planned high-yield bond deal after investors pushed back on the transaction's structure, a banker close to the deal said on Tuesday.

  • Baring says buys "substantial" stake in UK brand Cath Kidston Tuesday July 22nd, 2014 08:18:49 AM
    HONG KONG, July 22 (Reuters) - Baring Private Equity Asia said on Tuesday it bought a "substantial" stake in British lifestyle and fashion brand Cath Kidston for an undisclosed sum, looking to...

  • BRIEF-Baring Private Equity Asia acquires substantial stake in Cath Kidston Tuesday July 22nd, 2014 08:11:19 AM
    * Announced today that funds advised by firm have acquired a substantial stake in uk-based global lifestyle brand company, Cath Kidston, from its existing majority shareholder TA associates

  • UPDATE 2-Goldman, Warburg among investors nearing $2 bln Huarong deal -sources Tuesday July 22nd, 2014 06:57:59 AM
    * Goldman, Warburg Pincus, Khazanah among seven investors in Huarong

  • UPDATE 1-China's WH Group set to raise $2 billion in scaled-down IPO -source Tuesday July 22nd, 2014 06:47:23 AM
    * Shares offered at HK$6.20 each after April deal rebuffed

  • China's WH Group set to raise $2 billion in revised IPO -source Tuesday July 22nd, 2014 05:56:33 AM
    HONG KONG, July 22 (Reuters) - Chinese pork producer WH Group Ltd will launch a fixed price initial public offering in Hong Kong to raise just over $2 billion on Wednesday, a person with direct...

  • Goldman, Warburg Pincus and others nearing $2bln Huarong deal-sources Tuesday July 22nd, 2014 05:07:54 AM
    HONG KONG, July 22 (Reuters) - Goldman Sachs and private equity firm Warburg Pincus are among the investors nearing a deal to buy an up to 20 percent stake in China Huarong Asset Management Ltd for...

  • INDIA PRESS-Aditya Birla Private Equity to buy 10 pct stake in Cibil for 1.20 bln rupees-Economic Times Tuesday July 22nd, 2014 03:24:05 AM
    Note: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Aby Jose Koilparambil in Bangalore)

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