Catherine Badour
Greece’s largest lender Piraeus Bank (BOPr.AT) said on Tuesday it had agreed to sell a 1.45 billion euro ($1.7 billion)portfolio of secured, non-performing business loans to Bain Capital Credit as part of moves to reduce its bad debts.
JAB Holdings, the private company of Germany’s billionaire Reimann family, is expanding its coffee empire with a majority stake in British sandwich and coffee shop chain Pret A Manger, Reuters reported.
Brazilian electronics company Multilaser Industrial SA on Thursday filed for regulatory clearance to launch an initial public offering, according to a securities filing.
German investment house ATON raised its takeover offer for Murray & Roberts (MURJ.J) by around 13 percent to $426 million on Friday, attempting to secure investor backing after the South African builder struck a deal of its own last week, Reuters reported.
A consortium led by Swiss asset manager Partners Group Holding (PGHN.S) will buy Techem from Macquarie (MQG.AX) in a deal that values the German metering company at an enterprise value of 4.6 billion euros ($5.4 billion), Partners Group said on Friday.
Varsity Brands Inc is exploring a sale that could value the U.S. company behind yearbook and class ring maker Herff Jones and cheerleading uniforms label Varsity Spirit at over $2.5 billion, including debt, sources told Reuters.
Eddie Bauer LLC and Pacific Sunwear of California LLC are exploring a merger to consolidate their store footprint and weather a prolonged downturn in the U.S. brick-and-mortar retail sector, sources told Reuters.
trong>DynCorp International Inc, a U.S. defense contractor owned by private equity firm Cerberus Capital Management LP, is exploring a sale that could fetch more than $1.3 billion, Reuters reported.
Italy’s Trevi (TFI.MI) has chosen Bain Capital Credit for a deal worth more than 900 million euros ($1.06 billion) to rescue the engineering firm, sources told Reuters.
French spare car parts distributor Autodis said on Wednesday it had decided to suspend its planned initial public offering due to a “cautious” market environment.