JAKARTA (Reuters) – Two units of Indonesia’s Lippo Group won minority shareholder approval for a $790 million deal in which private equity firm CVC Partners will take a controlling stake in Lippo’s department store chain. The deal, announced in January and one of the biggest foreign investments in the country’s retail sector, had been criticised […]
Thoma Bravo has agreed to acquire PLATO Learning Inc. (Nasdaq: TUTR), a provider of online learning solutions for K through adult. The deal is valued at approximately $143 million, or $5.60 per share (closed yesterday at $4.91 per share).
NEW YORK (Reuters) – Private equity firm Cerberus Capital has agreed to buy a Boston-based hospital system called Caritas Christi Health Care in a $830 million deal, which includes funds earmarked for upgrades to CCHC’s hospitals, they said on Thursday. CCHC, a group of six hospitals, have Catholic identities that will be retained under the […]
(Reuters) – U.S. electronics retailer RadioShack Corp (RSH.N) is exploring strategic alternatives that include a share buyback or a possible sale of the company that could net more than $3 billion, the New York Post said, citing sources close to the situation.Investment bankers have already begun pitching their private equity clients about a leveraged buyout […]
Main Capital has acquired a "substantial minority stake" in IASO Backup Technology, a Dutch provider of online backup software. No financial terms were disclosed.
Golden Gate Capital has agreed to buy restaurant brand On The Border Restaurant Grill and Cantina from Brinker International Inc. (NYSE: EAT). No financial terms were disclosed.
NEW YORK/LOS ANGELES, March 25 (Reuters) – Lions Gate Entertainment Corp (LGF.N) has decided it will not increase its offer for Metro-Goldwyn-Mayer, after being told it was outbid by Time Warner Inc (TWX.N), two sources familiar with the matter told Reuters on Thursday. Lions Gate and billionaire Len Blavatnik’s industrial holding company Access Industries had […]
Caltius Equity Partners has acquired a control stake in Diversified Human Resources Inc., an outsourced provider of HR, insurance brokerage, payroll processing and temporary staffing solutions. No financial terms were disclosed.
Energy Investors Funds has sold the Glen Park Hydroelectric Project to Fort Chicago Energy Partners for $80.1 million. Glen Park is a 33-megawatt hydroelectric generation facility near Watertown, New York.
Stripes Group has acquired a minority stake in Sandata LLC, a Port Washington, N.Y.-based provider of IT solutions to the home healthcare market. No financial terms were disclosed, except that TD Bank provided new senior debt financing.