Catherine Badour
Private equity firm KKR & Co (KKR.N) is nearing an agreement to acquire U.S. physician services provider Envision Healthcare Corp (EVHC.N) for $46 a share, or about $5.5 billion, a person familiar with the deal told Reuters on Sunday.
Starboard Restructuring Partners and buyout firm Apollo Global Management LLC (APO.N), have proposed to invest in convertible bonds to be issued by Brazilian appliance retailer Maquina de Vendas SA, a source told Reuters.
London-based private equity group Bridgepoint is considering an Initial Public Offering (IPO) of Smyk in Warsaw, a children’s apparel and toy store chain, sources told Reuters.
Ant Financial Services Group, operator of China’s biggest online payment platform, on Friday said it raised around $14 billion in what market watchers called the biggest-ever single fundraising globally by a private company.
IWG Plc (IWG.L) said on Friday that U.S. property investment firm Starwood Capital and British private equity fund TDR Capital will now have until June 29 to make firm offers for the company or walk away.
PetSmart Inc, the largest U.S. pet retailer, has hired restructuring advisers to explore ways to trim its debt pile of more than $8 billion as it continues to face falling profits, Reuters reported.
Mirvac Group (MGR.AX), an Australian diversified landlord and property developer, said on Wednesday it will buy a 50 percent stake in a Sydney property from a Blackstone Group LP-managed fund.
A Kuwaiti creditor is refusing to agree to a debt settlement deal with Abraaj, which could push the private equity firm to seek provisional liquidation, sources told Reuters.
PetSmart Inc, the largest U.S. pet retailer, has hired restructuring advisers to explore ways to trim its debt pile of more than $8 billion as it continues to face falling profits, sources told Reuters.
Oil and gas producer Devon Energy Corp (DVN.N) said on Wednesday it plans to sell its interests in EnLink Midstream to an affiliate of fund manager Global Infrastructure Partners for $3.13 billion in cash.