The sale of the Los Angeles Dodgers heats up with seven bidders remaining. Proposals worth from $1.2 billion to $1.5 billion.
Lower middle market private equity firm Platte River Ventures has put an undisclosed amount into TPG Mt. Vernon Marine. Based in Indianapolis, TPG is a harbor services business operating on the Ohio and Green Rivers. Terms of the deal were not released. Platte River Ventures is based in Denver. PRESS RELEASE Platte River Ventures (“PRV”) […]
H.I.G. Europe and financial services software company FNZ Holdings Ltd. announced Monday that General Atlantic will acquire a minority stake in FNZ alongside H.I.G. and the management team. Terms of the transaction were not disclosed. H.I.G. first invested in the company in early 2009. PRESS RELEASE H.I.G. Europe (“H.I.G.”), the European arm of global private […]
Private equity investor 3i Group has taken a majority stake in Geka, a manufacturer of brushes, applicators and comprehensive packaging systems for the cosmetics industry. Terms of the deal were not released. 3i is buying the company from investor Halder. Geka is based in Bechhofen, Germany. PRESS RELEASE 3i, an international investor focused on private […]
South Korea’s SK Innovation Co. said that it has stopped looking into a takeover of U.S. oil and gas company Chaparral Energy Inc., Reuters reported Monday. SK said in a regulatory filing that it would continue to consider buying promising oil fields. (Reuters) – South Korea’s SK Innovation Co Ltd said on Monday that it […]
A group of investors led by Apollo Global Management has agreed to buy El Paso Corp.’s oil and gas exploration and production assets for about $7.15 billion. The deal is subject to the completion of the merger between Kinder Morgan and El Paso Corp., as well as other customary closing conditions. Other investors include Riverstone […]
Should David Pogue stick to gadget reviews? Want to learn more about the Google recruiting machine? Or perhaps you'd like to see one tycoon's *other* $80 million mansion. Read on.
Nautic Partners LLC is shopping Agilex Flavors & Fragrances, a maker of fragrances used in cosmetic, household and specialty products, sister magazine Buyouts has learned from a source who has reviewed a book marketing the sale. It shouldn’t be a shocker that Nautic is looking to unload the company, considering that it has been in […]
Designer Kenneth Cole has offered to pay $15 per share to take private his company, Kenneth Cole Productions Inc. Cole, who acts as chairman and chief creative officer for the company, currently owns about 47% of common stock. The proposal values Kenneth Cole Productions at $280 million. PRESS RELEASE Kenneth D. Cole today announced that […]
Residential mortgage loan servicer Nationstar Mortgage Holdings Inc., which is backed by private equity firm Fortress Investment Group, has priced its upcoming initial public offering, Reuters reported Friday. The Lewisville, Texas-based company expects to sell 16.7 million shares at $17 to $19 apiece. (Reuters) – Residential mortgage loan servicer Nationstar Mortgage Holdings Inc said it […]