First Data Corp will receive a $3.5 billion injection from existing and new investors, it said on Thursday, as its private equity owner, Kohlberg Kravis Roberts & Co, tries to offer debt relief to the one of the world's largest leveraged buyouts, Reuters reported.
British hedge fund firm Man Group has bought U.S. peer Numeric Holdings, backed by TA Holdings, for an initial $219 million to broaden its computer-driven business and increase its presence in the United States.
ClearLight Partners has sold TASI Group to Berwind Group. Terms of the transaction were not disclosed.
First Data has announced a $3.5 billion private placement led by KKR. First Data is a business that helps make payment transactions secure, fast and easy for merchants, financial institutions and their customers.
SR Labs is acquiring Wombat from Intercontinental Exchange. The business is a provider of low latency market data and market access solutions for the financial industry.
The Abraaj Group has submitted a mandatory tender offer to acquire Cairo Medical Center. The business is listed on the Egyptian Stock Exchange.
Performance measurement firm Silent Edge has received backing from Rockpool Investments. Silent Edge is Rockpool's seventh investment of 2014.
St. Neots Packaging has been sold to flexible and rigid plastic packaging manufacturer Coveris. St. Neots operates out of two facilities in Cambridgeshire, UK and is an Endless portfolio company. Livingstone advised on the deal.
IK Investment Partners is selling GHD GesundHeits GmbH Deutschland, a German provider of homecare services to Nordic Capital Fund VIII. Financial terms of the transaction were undisclosed.
Neapolitan Live Events has signed a five year deal with Blenheim Palace and will invest to bring live music back to the venue in June 2015, the first time in a decade. The series of concerts, for a capacity daily audience of 10,000, will once again be situated in the Great Court within the palace walls looking out across the lake.