Shackleton Equity Partners has acquired RTI Electronics Inc. from IntriCon Corp. (Nasdaq: IIN). No financial terms were disclosed. RTI makes thermistor, film capacitor and magnetic passive electronic components.
International Meal Company Holdings, a Brazilian retail food concessionaire and multi-brand casual dining chain, has raised over $100 million in new equity funding. British Columbia Investment Management Corp. and an undisclosed Asian investment management firm were joined on the deal by existing IMC controlling shareholder Advent International.
VANCOUVER (Reuters) – Porter Aviation Holdings Inc, an upstart regional challenger to Canada’s major airlines, said on Tuesday it was suspending plans for an initial public stock offering, the latest company to be burned by the equity market’s recent volatility. The small, 3-1/2-year-old carrier, which has been luring travelers from Air Canada (ACa.TO) and WestJet […]
LONDON (Reuters) – British budget fashion retailer New Look has no plans to relaunch its stock market flotation in the near future amid an uncertain economic environment for consumers, it said on Wednesday. However the group, which postponed a planned stock market return in February due to volatile financial markets, said it was confident of […]
COPENHAGEN (Reuters) – Danish food ingredients maker Chr. Hansen’s initial public offering (IPO) of new shares is fully subscribed, sources close to the deal told Reuters on Wednesday. Last month Chr. Hansen announced plans to raise 3.16 billion Danish crowns ($516 million) in an IPO, with book-building running from May 25 to June 2. Chr. […]
The Riverside Co. has acquired NAKA & Co. Ltd., a Japanese maker of crystal oscillators and crystal units used for microwave backhaul equipment and base stations for mobile communications. No financial terms were disclosed.
Genstar Capital has acquired Granite Global Solutions, a Canadian provider of risk mitigation services to the insurance and corporate markets. No financial terms were disclosed.
Oak Hill Capital Partners has completed its $570 million acquisition of Dave & Buster's Inc., a Dallas-based interactive entertainment and restaurant chain, from Wellspring Capital Management.
CHICAGO (Reuters) – U.S. hospital operator Tenet Healthcare Corp (THC.N) said on Tuesday it is in talks to buy Healthscope Ltd (HSP.AX), Australia’s second-largest chain of private hospitals. It did not discuss a price. Healthscope owns 43 hospitals, representing 15 percent of Australia’s private hospital market, and is the country’s third-largest pathology business. While the […]
(Reuters) – NBK Capital, an investment fund owned by National Bank of Kuwait (NBKK.KW), said on Tuesday it acquired a 30 percent stake in World Eye Hospital Group and may eventually hold a public offering in the Turkish company. The value of the 30 percent stake in the closely held medical company was not clear. […]