The Carlyle Group has acquired a 40% stake in Turkish healthcare services company Medical Park Sağlık Hizmetleri AS. No pricing terms of the all-equity deal were disclosed.
NEW YORK (Reuters) – Discounter Dollar General Corp’s (DG.N) reported a quarterly profit on Thursday as the retailer benefited from higher customer traffic from bargain-seeking shoppers, sending shares up in premarket trading. Dollar General, which prices most its merchandise for below $10, said profit in its fiscal third quarter ended Oct. 30 was $75.6 million, […]
Telegraph Hill Partners has merged portfolio companies Nexus Biosystems Inc. and Aurora Biotechnologies. Nexus is a Poway, Calif.-based provider of automated sample management systems. Aurora is a Carlsbad, Calif.-based developer of microplates for use in sample storage, high-throughput screening and cellular imaging.
GenNx360 Capital Partners has completed its tender offer for GVI Security Solutions Inc. (OTC BB: GVSS), for $0.3875 per share in cash. GVI is a Carrolton, Texas-based provider of video security surveillance solutions. Following the merger, it will be delisted from the OTC.
Francisco Partners has agreed to acquire Cybit Holdings PLC for approximately £23 million. Cybit is a listed UK company with three business lines: Vehicle Telematics Solutions, Maritime Solutions and Private Mobile Radio-based tracking and precise positioning solutions.
PARIS (Reuters) – French state-owned rocket propellant maker SNPE has entered exclusive negotiations to sell its Isochem civil chemicals unit to German investment fund Aurelius, French newspaper Les Echos reported on Thursday. In addition, the supervisory board of France’s Safran (SAF.PA) could begin formal talks on Dec. 16 to buy SME, SNPE’s core space and […]
FRANKFURT (Reuters) – A strategic player looks set to clinch Ratiopharm after a raft of private equity bidders dropped out of the race to bid for the German generic drugs maker, sources familiar with the matter said Wednesday. Private equity firms KKR, TPG Capital and Permira have already dropped out of the auction, people familiar […]
NEW YORK (Reuters) – Upscale retailer Neiman Marcus Inc reported sharply lower quarterly profit as worried consumers continued to avoid luxury items amid a slowdown the company expects will last for some time. Sales at its namesake Neiman Marcus and Bergdorf Goodman stores open for at least a year, or same-store sales, continued to fall, […]
Metalmark Capital is in talks to acquire a stake in Airborne Systems, a Pennsauken, N.J.-based maker of military and cargo parachutes, according to Dow Jones. www.airborne-sys.com
NEW YORK (Reuters) – Talbots Inc (TLB.N) laid out an acquisition and financing plan that would reduce debt and end a 21-year relationship with Japan-based majority owner Aeon Co Ltd (8267.T), boosting the clothing retailer’s stock 19 percent.Talbots, which caters to mature women with sweaters, blazers and other apparel, also reported a surprising quarterly profit […]