Here are some potential target ideas, rumored or official, to jumpstart your deal pipeline. Our sources are various news reports and the Buyouts "Seeking Buyers" list. Aker USA, may sell Aker Philadelphia Shipyard ASA and Aker Drilling USA. (BusinessWeek) Norilsk Nickel is considering selling a control stake in Stillwater Mining Co., according to American Metal Market. (AMM) Palm is seeking buyers after a week of rumours, Bloomberg reported. The company hired Goldman Sachs to shop it. HTC Corp. and Lenovo Group are two potential bidders.
CHICAGO (Reuters) – DynCorp International Inc (DCP.N) has accepted a $1.5 billion takeover bid, including the assumption of debt, from private equity firm Cerberus Capital Management LP, the defense contractor said on Monday, sending its shares up 48 percent. Under the deal approved by DynCorp’s board, shareholders will receive $17.55 in cash for each share […]
Munchkin Inc., a North Hills, Calif.-based maker of infant and toddler products, has sold a "significant minority stake" to Ontario Teachers' Pension Plan for an undisclosed amount.
LONDON (Reuters) – Jon Moulton’s Better Capital (BCAP.L) on Friday said it had bought the UK arm of Reader’s Digest from its administrator, securing the future of a monthly magazine sent to nearly 500,000 readers. The private-equity firm said on Friday it had bought the business, which also sells books and CDs and runs a […]
IntraLinks, a New York-based provider of SaaS solutions for securing managing and sharing content, has filed for a $150 million IPO. Morgan Stanley, Deutsche Bank and Credit Suisse are serving as co-lead underwriters. The company reports around $140 million in 2009 revenue, compared to around $143 million in 2008 revenue. Gross profit for 2009 was […]
Denham Capital has invested an undisclosed amount of equity into Trans-Tasman Resources Ltd., an Australian company that explores and develops iron sands deposits off of New Zealand.
ESSEN, Germany (Reuters) – The insolvency administrator of Karstadt is still in talks with potential investors about a sale of the venerable German department store chain, he said on Monday at a meeting of Karstadt creditors. The creditors are meeting for the second time to vote on the department store chain’s insolvency plan, kicking off […]
LONDON (Reuters) – Private equity firm Warburg Pincus has joined a consortium working on a bid for Interactive Data Corp (IDC.N), a person familiar with the matter said, as suitors bolster their teams ahead of second round bids. Warburg Pincus has joined an effort by Hellman & Friedman and Silver Lake Partners to get hold […]
1 Of the firm’s three target areas—business and technology services, communications and health care—where do you see the most opportunity? WH: We see solid investment opportunities in all three areas. In our most recent advisory committee meeting, when we went through our active deal pipeline, not only was the pipeline filled with opportunities across all […]
Mark Anson has joined Oak Hill Investment Management as a managing partner and chair of the firm’s investment committee. He previously was with Nuveen Investments as president and executive director of investment services. Before that, he served as CEO of Hermes Pensions Management and as CIO for CalPERS. Bill Aulet has been named managing director […]