Sterling Investment Services’ Private Equity News

  • RLPC-Bankers prep $400m debt as sale of Survitec heats up Thursday October 23rd, 2014 12:41:57 PM
    LONDON, Oct 23 (Reuters) - Bankers are preparing debt financing packages of around 250 million pounds (400.70 million US dollar) to back private equity firm Warburg Pincus' potential sale of UK...

  • KKR third-quarter earnings beat expectations amid surge in cash Thursday October 23rd, 2014 12:03:00 PM
    NEW YORK, Oct 23 (Reuters) - Private equity firm KKR & Co LP reported a lower-than-expected 27 percent year-on-year drop in third-quarter profit on Thursday, as its holdings appreciated more than...

  • REFILE-Old Mutual, Henderson to merge two property funds Thursday October 23rd, 2014 11:12:18 AM
    (Refiles to add reporters' contact information with no changes to text)

  • EU mergers and takeovers (Oct 23) Thursday October 23rd, 2014 11:05:25 AM
    BRUSSELS, Oct 23 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

  • RPT - DEALTALK-As ETF M&A heats up, industry wonders who is next Thursday October 23rd, 2014 11:00:00 AM
    (Repeats for additional subscribers. For more Reuters DEALTALKS, double-click on DEALTALK)

  • DEALTALK-As ETF M&A heats up, industry wonders who is next Thursday October 23rd, 2014 05:00:00 AM
    NEW YORK, Oct 23 (Reuters) - When it comes to expanding in the $1.9 trillion exchange-traded fund market, which some forecasts say will pass the traditional mutual fund industry in size within 10...

  • TPG Capital-backed China Grand Auto halts up to $800 mln HK IPO-IFR Thursday October 23rd, 2014 04:46:05 AM
    HONG KONG, Oct 23 (Reuters) - China Grand Automotive Services, the country's largest car dealership, has decided to put on hold an up to $800 million Hong Kong initial public offering, IFR reported...

  • Private capital gets more bang in China as economic reforms step up Thursday October 23rd, 2014 12:00:01 AM
    * China, HK fees account for 55 pct of AsiaPac region in 2014

  • U.S. SEC slams tycoon Wyly's bankruptcy budget as 'staggering' Wednesday October 22nd, 2014 10:43:02 PM
    Oct 22 (Reuters) - Texas tycoon Sam Wyly, who filed for bankruptcy this week, is trying to exhaust his fortune through exorbitant spending to impede the U.S. Securities and Exchange Commission's...

  • UPDATE 3-BGC launches formal $675 mln offer for rival broker GFI Wednesday October 22nd, 2014 10:27:29 PM
    * BGC commences all-cash tender offer of $5.25 a share for GFI

  • U.S. Court hears arguments on sex discrimination at Goldman Sachs Wednesday October 22nd, 2014 09:19:53 PM
    NEW YORK, Oct 22 (Reuters) - Goldman Sachs Group on Wednesday attacked expert evidence offered by attorneys for former female employees in a U.S. federal sex discrimination lawsuit, arguing there was...

  • MOVES- HSBC, Capital Group, BNP Paribas, Kohlberg Kravis Roberts Wednesday October 22nd, 2014 07:10:18 PM
    Oct 22 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com.

  • UPDATE 1-Humana looks to sell urgent care subsidiary Concentra -sources Wednesday October 22nd, 2014 06:07:48 PM
    Oct 22 (Reuters) - Health insurer Humana Inc is exploring a sale of its urgent care subsidiary Concentra in a deal that could value it at around $1 billion, according to three people familiar with...

  • Humana looks to sell urgent care subsidiary Concentra- sources Wednesday October 22nd, 2014 05:48:38 PM
    Oct 22 (Reuters) - Health insurer Humana Inc is exploring a sale of its urgent care subsidiary Concentra in a deal that could value it at around $1 billion, according to three people familiar with...

  • RLPC-Bankers prep 500 mln euros of debt for Wittur sale Wednesday October 22nd, 2014 05:16:17 PM
    LONDON, Oct 22 (Reuters) - Bankers are preparing debt financing packages of up to 500 million euros (633.00 million US dollar) to back private equity groups Triton and Capvis' potential sale of...

  • UPDATE 1-Private equity eyes $13 bln Bayer plastics business - sources Wednesday October 22nd, 2014 05:12:18 PM
    (Adds details throughout on planned listing and potential bidders and valuation)

  • REFILE-Private equity eyes $13 bln Bayer plastics business - sources Wednesday October 22nd, 2014 05:07:47 PM
    FRANKFURT/LONDON, Oct 22 (Reuters) - Private equity firms are circling Bayer's 10 billion-euro ($12.7 billion) plastics business, hoping to divert the German drugmaker's plan to list the division,...

  • BRIEF-CVC Capital Partners buys Finland's Paroc for 700 mln euros Wednesday October 22nd, 2014 01:14:36 PM
    * Enterprise value approximately 700 mln euros ($887 million)

  • UPDATE 1-EMC to buy much of Cisco's stake in joint venture VCE Wednesday October 22nd, 2014 01:07:09 PM
    Oct 22 (Reuters) - Data storage products maker EMC Corp said it will buy much of Cisco System Inc's stake in their joint venture VCE for an undisclosed sum.

  • Fifth Street Asset Management pulls IPO, cites choppy markets Wednesday October 22nd, 2014 12:00:35 PM
    Oct 22 (Reuters) - Alternative asset manager Fifth Street Asset Management Inc withdrew its plan to go public, citing volatility for new issuers in equity markets.

  • China's Baidu, Ping An invest in Israeli VC fund Carmel Wednesday October 22nd, 2014 12:00:00 PM
    TEL AVIV, Oct 22 (Reuters) - Israeli venture capital firm Carmel Ventures said on Wednesday it raised $194 million for its Carmel Ventures IV fund with participation from new strategic investors in...

  • EU mergers and takeovers (Oct 22) Wednesday October 22nd, 2014 10:53:18 AM
    BRUSSELS, Oct 22 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process:

  • BGC set to launch tender offer for GFI - WSJ Wednesday October 22nd, 2014 04:24:49 AM
    Oct 22 (Reuters) - Interdealer broker BGC Partners Inc plans to launch its $5.25-per-share tender offer for rival GFI Group Inc as early as Wednesday after attempts to strike a deal failed, the Wall...

  • EMC to acquire much of Cisco's stake in joint venture VCE -Bloomberg Wednesday October 22nd, 2014 01:00:15 AM
    Oct 22 (Reuters) - Data storage products maker EMC Corp is buying much of Cisco System Inc's stake in their joint venture VCE, Bloomberg said, citing people with knowledge of the matter.

  • CORRECTED-UPDATE 2-U.S. regulators adopt new risk rules for securitization Tuesday October 21st, 2014 08:16:14 PM
    (Corrects year of the Dodd-Frank Act to 2010, not 2011, 2nd paragraph)

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