Reuters News
Volkswagen unit Audi is in talks to buy Italian motorcycle maker Ducati, writes Reuters. Investindustrial is the Italian private equity owner of Ducati. Reuters – Volkswagen unit Audi is in talks to buy Italian motorcycle maker Ducati, sources familiar with the matter told Reuters on Tuesday. Audi is in advance talks with Investindustrial, the Italian […]
Blackstone Group and PAI Partners, the private equity owners of UK-based United Biscuits have appointed Credit Suisse to split the food company’s salty snack business from its other operations, the Wall Street Journal reported on Monday, writes Reuters. The buyout firms had in 2010 attempted to sell the company for 2 billion pounds ($3.13 billion), […]
Indian private equity fund TVS Capital and International Finance Corp, an arm of World Bank, have jointly invested 1.24 billion rupees ($24.81 million) in Indian rice processor, Dunar Foods, writes Reuters. Dunar, based in the northern Indian state of Haryana, exports basmati rice to Middle East, Europe and the US. Reuters – Indian private equity […]
Get ready for a fight! Yahoo is suing Facebook over 10 patents.
Sealy Corp‘s second-largest shareholder has called for a shake up of the board, blaming the mattress maker’s private-equity backer and largest shareholder, KKR, for the company’s poor performance, the Wall Street Journal said, writes Reuters. H Partners Management, which holds 14.5 percent of the company’s shares, said in a letter to the board that KKR […]
Haitong Securities, China’s No.2 brokerage by assets, is set to make its second attempt to list in Hong Kong, with a share offering of around $1.5 billion, IFR reported on Monday, writes Reuters. Private equity firm Warburg Pincus and Japan’s Chuo Mitsui Trust & Banking Co, a unit of Sumitomo Mitsui Trust Holdings Inc, had […]
US private equity firm Warburg Pincus and International Finance Corp, an arm of World Bank, have jointly invested $50 million in Indian non-banking finance company, Au Financiers (India) Pvt Ltd, according to Reuters. The investment will be mainly used to fund future growth of the company, Au Financiers said in a statement. Reuters – US […]
(Reuters) – Northern European private equity firm Triton Partners is hoping to raise at least 2.5 billion euros ($3.3 billion) for buyouts, just two years after finalizing its last deals fund, two people familiar with the situation said. Triton, which owns Nordic healthcare group Ambea and electrics and plumbing installation company Bravida, is preparing a […]
Greenpark Capital has launched a $500 million global fund to invest in private equity secondary markets, with a $100 million cornerstone investment from International Financing Corp, the finance arm of the World Bank, according to sources familiar with the matter, writes Reuters. The fund will initially invest in Asia, where Greenpark has just established a […]
Abraaj Capital is investing about $125 million in Moroccan insurance holding company, Saham Finances, writes Reuters. The business has majority stakes in three subsidiaries: Casablanca-listed CNIA Saada, sub-Saharan insurance firm Colina and Isaaf, a firm which focuses on the assistance services market in Morocco, Abraaj said in a statement. Reuters – Abraaj Capital is investing […]