HONG KONG (Reuters) – The implications of the auction for Taiwan cable TV company CNS may be felt far wider than just by the seller and the buyers involved. On the surface, MBK Partners’ sale of CNS looks like a standard private equity exit, as the firm bought it for $1.5 billion in 2006, and […]
(Reuters) – Carrefour (CARR.PA) has launched the sale of its units in Malaysia, Singapore and Thailand, sources with direct knowledge of the matter told Reuters on Monday, in a deal that could raise around $1 billion for the French retailer. Carrefour is working with investment banks Goldman Sachs (GS.N) and UBS (UBSN.VX) on the auction, […]
SAO PAULO (Reuters) – Cosan (CSAN3.SA)(CZZ.N), the world’s largest producer of sugar and ethanol, sold on Monday a 25 percent stake in its Rumo Logistica unit for 400 million reais ($226 million) to private equity firms Texas Pacific Group and Gavea Investimentos. Each fund will contribute half of the money, helping replenish the logistics unit’s […]
METI, a Sarasota, Fla.-based provider of medical simulation technologies, has acquired Lionis Software LLC, a Hungarian provider of an audiovisual and center management system for healthcare education. No financial terms were disclosed. METI is a portfolio company of Baird Capital Partners.
It’s just hours before peHUB breaks for the Fourth of July holiday and we’re wondering: what is everyone doing this weekend?
Darby Overseas Investments Ltd. said Friday that Darby Latin America Mezzanine Fund L.P.has sold its 28.7% stake in Termobarranquilla S.A. (TEBSA), a modern gas fired power plant in Colombia. Darby sold 100% of the operating company GPUI Colombia Ltda., which has the TEBSA OEM contract. Financial terms were not announced. Darby Overseas Investments is the private equity arm of Franklin Templeton Investments.
Did they or didn’t they? One day after bids for Newsweek were due, it’s still unclear if OpenGate Capital has tendered a proposal. Avenue Capital Group, the hedge fund, submitted a bid Thursday while Fred Drasner, the former New York Daily News publisher, is also in the running, according to press reports.
Upscale casual dining chain Bravo Brio Restaurant Group Inc filed with U.S. regulators on Friday to raise up to $172.5 million in an initial public offering of common stock.
Quadrant Private Equity has bought Media Monitors, which aggregates news from TV, radio and newspapers in the Asia Pacific region. Financial terms were not announced. Quadrant is a private equity firm in Australia.
EQT Partners has sold Aleris Holding to Investor AB for SEK 4.4 billion. EQT Partners, a private equity firm, said Aleris was sold through an auction process and received strong interest from both trade and financial buyers. Aleris is a pan-Scandinavian healthcare service operator. Investor AB, an industrial holding company, is part of the Wallenberg family.