Reuters News

(Reuters) – DST Systems Inc has received several buyout overtures from private equity firms in recent months, including one led by activist investor Russell Glass, according to people with knowledge of the situation. Glass, founder and head of New York investment firm RDG Capital, told Reuters he had teamed up with a private equity firm […]

(Reuters) – Silicon Valley venture capitalists are betting big on new technologies to protect computer networks, hoping they will profit from a spate of high-profile cyber attacks on corporate and government bodies. Many security start-ups are focusing on protection at the network level, rather than individual computers or hardware, spurred by the proliferation of mobile […]

(Reuters) – Carlyle Group has raised $1 billion to invest in South America, the private equity firm said on Wednesday, giving it a total of $14 billion assets under management in emerging markets. Carlyle raised $776 million for its Carlyle South America Buyout Fund, whose main focus is Brazil, it said in a press release. […]

(Reuters) – It may take the Supreme Court to end a years-long battle between a pair of Olympic rowing twins and Facebook Inc founder Mark Zuckerberg. Zuckerberg has lost a court ruling that he hoped would lead to the end of litigation by Cameron and Tyler Winklevoss, who accused him of stealing their idea for […]

Former Utah Governor Jon Huntsman will announce his bid for the White House next Tuesday, bringing a moderate Republican and expert on America’s fastest growing competitor into the race to challenge President Barack Obama in 2012. “I intend to announce that I will be a candidate for the presidency a week from today,” Huntsman, former […]

SAN FRANCISCO, June 13 (Reuters) – Google Inc. plans to buy online advertising company AdMeld to grab a larger slice of the market for graphical display ads. It is the latest deal in Google’s buying spree of technology and engineering talent to bolster initiatives outside its Internet search business, from social networking to mobile advertising. […]

CHICAGO, June 13 (Reuters) – Wendy’s/Arby’s Group Inc said it would sell most of struggling roast beef sandwich chain Arby’s Restaurant Group Inc to private equity firm Roark Capital Group for about $130 million in cash. Roark, whose portfolio already includes the Auntie Anne’s, Carvel Ice Cream and Cinnabon chains, will also assume about $190 […]

(Reuters) – Private equity funds are shrinking as investors become choosier and funds that have fallen behind in performance could drop off the radar when they return to the market, executives and investors said at a major conference this week. Data from London-based private equity research firm Preqin in April showed that $46.1 billion was […]

(Reuters) – Private equity-backed Avaya Holdings Corp, a telecom equipment maker, on Thursday became the latest in a rush of IPOs and filings by technology sector companies. The Basking Ridge, New Jersey-based company was taken private by Silver Lake Partners and TPG in 2007 for just over $8 billion. On Thursday, it filed to raise […]

(Reuters) – U.S. private equity firms TPG Capital and Carlyle Group  are in talks to buy a stake in the tower unit of Indian telecom company Reliance Communications , Bloomberg reported, citing people with knowledge of the matter. Reliance Communications, controlled by billionaire Anil Ambani, has also received interest from Blackstone Group and London-based Apax […]