Almost two months ago, President Obama signed the JOBS Act into law. What happens next, is anyone's guess. Thanks, Facebook.
Will it get any better this week? peHUB's First Read comes with a piece on the break Zynga investors caught, jubilee time and why our summer might need a lil twist.
Global announced mergers crawl during holiday week.
KPS Capital Partners has completed its acquisition of Robert Bosch’s automotive foundation brakes business, through a newly-formed affiliate, Chassis Brakes International Group, the firm announced. Financial terms of the transaction were not disclosed. Lazard Frères & Co. acted as financial advisor, and Hengeler Mueller acted as legal counsel to KPS. PRESS RELEASE KPS Capital […]
Swiss buyout shop Capvis has acquired natural clothing company Hessnatur from its previous owner Primondo Specialty Group GmbH. Terms of the deal were not released. PRESS RELEASE Capvis, the leading private equity firm in Switzerland, has acquired hessnatur based in Butzbach, near Frankfurt am Main, Germany from its previous owner Primondo Specialty Group GmbH. The […]
Private equity firms have tabled offers for logistics group GEFCO, valuing the business that ships cars around the world for French auto maker PSA Peugeot Citroen at up to 1.2 billion euros ($1.48 billion), Reuters wrote Friday. At least six private equity groups including Apollo, Axa Private Equity, Bain, CVC, PAI and Pamplona tabled indicative […]
Motor sport racing company Formula One has delayed its Singapore initial public offer worth up to $3 billion due to weak markets, with the sport’s boss and part-owner, Bernie Ecclestone, saying the firm is waiting until the time is right, Reuters reported. Formula One becomes the fifth major IPO to be pulled or delayed in […]
Private equity property funds run by Blackstone and Morgan Stanley will pay A$640 million ($621 million) to acquire an A$1.9 billion portfolio of distressed property loans in Australia from a unit of Lloyds Banking Group, Reuters wrote on Friday. The firms will pay about 34 cents on the dollar for the distressed debt. (Reuters) – […]
Japanese buyout firm Unison Capital is seeking a buyer for its popular sushi restaurant chain Akindo Sushiro, in a transaction that could be worth as much as 70 billion yen ($893 million) and mark one of the largest private equity sales in the country in recent years, Reuters reported Friday. Unison, Japan’s second-largest private equity […]