Reuters News
TV ratings firm Nielsen Holdings has launched a follow-on offering that will allow its private-equity backers to sell as much as $760 million worth of shares, according to Reuters‘ publication IFR. The offering will allow private equity backers Blackstone, Carlyle, KKR, Thomas H. Lee, Hellman & Friedman, AlpInvest Partners and Centerview Capital to sell down […]
Carlyle has said it is focused on traditional buyouts in the Australian market, even though its two most recent deals were for a minority stake, writes Reuters. Carlyle jointly owns two of Australia’s largest privately owned firms – equipment hire firm Coates and hospital operator Healthscope. Reuters – Private equity firm Carlyle Group is focused […]
An eight-month drought in European initial public offerings is set to be broken on Tuesday as Dutch cable firm Ziggo and Swiss-based DKSH price at the top end of guidance, writes Reuters. Ziggo’s sale of as much as 25 percent will see its majority owners Cinven and Warburg Pincus, reducing their stakes. Reuters – An […]
Franklin Templeton is to raise $300 million for a fourth private equity fund that will provide growth capital to companies in emerging markets, writes Reuters. The fund will have a sub-tranche for Asia investments and about one-third of the Asian tranche is likely to be invested in China, with the balance split equally between India […]
Norit, a Netherlands-based maker of activated carbon, has filed with U.S. regulators to raise $200 million in an initial public offering, writes Reuters. In 2007, Norit was acquired by a group of investors led by British private equity fund Doughty Hanson & Co from Gilde Buy Out Partners. Reuters – Norit N.V., a Netherlands-based maker […]
Capping off an afternoon where both TNT Express and Peyton Manning found new homes, Kiva Systems and its robotics technology makes it a Merger Monday.
Monday kicks off with a big LBO deal, with a New York-based company being taken private by a pair of big backers.
Middle Eastern private equity firm Abraaj Capital is set to unveil more deal-making and is planning a major push into India, writes Reuters. Dubai-based Abraaj was founded a decade ago and has raised $7 billion since its inception, according to Reuters. Reuters – Abraaj Capital, the Middle East’s largest private equity firm, is set to […]
Private equity firm Blackstone is in exclusive talks to take over 100 million euros ($132 million) of commercial property loans owned by Societe Generale, the Financial Times reported. The French bank is seeking to curb its real estate exposure, writes Reuters. Reuters – Private equity firm Blackstone is in exclusive talks to take over 100 […]
Dutch cable company Ziggo has increased the number of shares on offer in its Amsterdam listing due to strong demand from investors, writes Reuters. This could take possible proceeds from the sale to as much as 925 million euros ($1.2 billion). Selling shareholders, which include private equity firms Cinven and Warburg Pincus will now sell […]