Reuters News

Credit card processor First Data Corp., a unit of private equity firm KKR, bought the remaining 30 percent stake in payment processor OmniPay from FEXCO, Reuters reported Monday. Financial terms of the deal were not disclosed. (Reuters) – Credit card processor First Data Corp, a unit of private equity firm KKR, bought the remaining 30 […]

Warner Chilcott is evaluating options, including a possible sale of the company, after receiving interest from strategic and private-equity buyers, Reuters reported Monday, citing Bloomberg News. Goldman Sachs is helping the Nasdaq-listed drugmaker assess interest, said the news service, citing people with knowledge of the matter. (Reuters) – Warner Chilcott is evaluating options, including a […]

Private equity group Terra Firma is in advanced talks to acquire Britain’s biggest care home operator Four Seasons Health Care, according to the Financial Times, writes Reuters. The potential deal for the company, which is seeking to refinance its debt before a September deadline, would value the group’s debt and equity at 825 million pounds […]

Private equity firm Palamon Capital Partners has completed the refinancing of its English language school group Cambridge Education, writes Reuters. Palamon Capital Partners’s deal with Royal Bank of Scotland for a new 23 million-pound ($37 million) debt package will see it recoup 1.5 times the equity it has invested in the business, and leaves finances […]

KKR's income from its share of investors' profits and the fees it charges for its assets slumped in the first quarter.

Zynga outperforms, at a critical test point. How long will their social & mobile dominance last?

Japanese private equity firm Advantage Partners has no immediate plans to launch a new fund despite the imminent expiry of the investment period for its existing 220 billion yen ($2.7 billion) fund, writes Reuters. The fund, due to mature in 2017, incurred a multibillion-dollar loss last year on an investment in Tokyo Star Bank, a […]

Carlyle has ramped up efforts to market its shares to investors with its founders trying to differentiate the private equity giant from rivals such as Blackstone and KKR, writes Reuters. Carlyle is looking to raise $701.5 million to $762.5 million as it goes public, valuing the company at as much as $7.61 billion. Pricing for […]

Private equity firm Navis said on Wednesday it has made an unconditional takeover offer for SEG International Bhd that values the Malaysian private tertiary education provider at 1.1 billion ringgit ($359 million), Reuters reported Wednesday. (Reuters) – Private equity firm Navis said on Wednesday it has made an unconditional takeover offer for SEG International Bhd […]

Private equity-backed EverBank Financial Corp. expects its initial public offering to raise as much as $350 million, valuing the lender at $1.6 billion, Reuters reported. The Jacksonville, Florida-based lender expects to sell about 25.2 million shares for between $12 and $14 each. The bank is backed by private equity firms TPG, Sageview Partners and New […]