Reuters News

Just as the Carlyle Group is taking its IPO on the road, it looks like the PE firm is also hiring bankers to deal its Metaldyne auto parts asset, Reuters reports.

A Toshiba Corp unit plans to buy IBM Corp‘s point-of-sale terminal business for $850 million, writes Reuters. Toshiba Tec Corp said it aims to buy the business in the second half of June or in July. Reuters – A Toshiba Corp (6502.T) unit said on Tuesday it plans to buy IBM Corp’s (IBM.N) point-of-sale terminal […]

Carlyle Group-owned AvanStrate, a Japanese maker of glass used for liquid crystal displays, has cancelled plans for a $266 million initial public offering, pulling its IPO for the second time in a year, writes Reuters. Carlyle bought AvanStrate in 2008, at the end of the boom in global leveraged finance deals. Reuters – Carlyle Group-owned […]

There's a new king in the all-important mobile gaming league tables for Facebook. King.com overtakes a gaming titan--so is it a target next?

Openwave Systems, a maker of software for mobile phones, is to sell its core service mediation and messaging products businesses to California-based Marlin Equity Partners, writes Reuters. The private equity firm plans to rename the acquired businesses Openwave Mobility and Openwave Messaging. Reuters – Openwave Systems Inc, which makes software for mobile phones, said it […]

Great Wolf Resorts has received an offer from KSL Capital Partners to buy the company for $7 per share, according to Reuters. This comes days after Great Wolf’s largest investor rejected an earlier bid made by Apollo Global. Reuters – Great Wolf Resorts said late on Sunday it received an offer from KSL Capital Partners […]

Dutch telecoms firm KPN is considering a sale of its Belgian mobile-phone unit in a deal possibly worth 1.8 billion euros ($2.4 billion), news agency Bloomberg reported on Saturday, writes Reuters. KPN’s unit BASE, Belgium’s third-largest mobile operator, will probably attract interest from private equity firms such as Apax Partners, Bloomberg said on its website, […]

Private equity firm Carlyle Group is seeking to raise between $701.5 million and $762.5 million as the company presses on with an initial public offering (IPO) that is expected in early May, writes Reuters. Carlyle is expected to file an IPO registration document stating it is looking to sell 30.5 million units at between $23 […]

South Africa’s government pension fund could invest as much as $3.8 billion in African private equity, its chief executive said, writes Reuters. The Public Investment Corporation, which manages more than 1 trillion rand ($125 billion) on behalf of civil servants, is looking for potential private equity partners, Elias Masilela told Reuters in an interview. Reuters […]

Japanese Able & Partners Inc., a holding company with real estate operations, said on Friday that it has agreed to be purchased by AC Corp. in a deal priced at 33 billion yen ($407 million). AC Corp, which is owned by Able & Partners’ chairman, will pay 580 yen per Able share in a management […]