The Abraaj Group has acquired a majority stake in Yörsan Group, a Turkish manufacturer and distributor of dairy products. The transaction is in partnership with the European Bank for Reconstruction and Development and the Yörük family.
Private equity firm Electra Private Equity will acquire footwear retailer Hotter Shoes, The Telegraph reported on Sunday, writes Reuters. The shoe company, which was founded in 1959 as Beaconsfield Footwear, had hired investment bank Rothschild early last year to explore strategic options for the business.
Apollo Global Management's bite of Chuck E Cheese's parent appears to be more of a morsel.
HONG KONG/NEW YORK, Jan 17 (Reuters) - Anheuser-Busch InBev SA is in advanced discussions to buy South Korea's Oriental Brewery from private equity owners KKR & Co LP and Affinity Equity Partners for more than $4.5 billion, according to people familiar with the matter.
Bids due on Monday for the oil and gas exploration offshoot of German utility RWE AG will value the unit at some 4 billion euros ($5.4 billion), sources said on Friday, well below expectations and sending its shares lower.
CRG, a private equity firm that focuses on the natural resources sector, has acquired a majority stake in a copper asset based in Kazakhstan. No financial terms were disclosed.
Private equity firm Carlyle Group is seeking to raise up to $290 million by selling a stake in Chinese home appliance maker Haier Electronics Group Ltd, IFR reported on Friday, citing a term sheet of the deal.
Swiss machinery manufacturer Sulzer's has attracted offers from peer Oerlikon as well as buyout group EQT for its coatings unit Metco, sources told Reuters.
Brookfield Asset Management has formed a strategic alliance with Japanese transport company Mitsui O.S.K. Lines Ltd (MOL), which is intended to expand MOL's container terminal business. Under the terms of the strategic alliance agreement, MOL will transfer a 49 percent stake in its subsidiary International Transportation Inc (ITI) to a Brookfield-controlled fund. ITI is a holding company of TraPac LLC, and operates container terminals in the U.S. ports of Los Angeles and Oakland. Financial details of the transaction were not disclosed. Based in Toronto, Brookfield is a $175 billion manager of alternative assets.
Jan 16 (Reuters) - Apollo Global Management LLC said it will buy CEC Entertainment Inc, the parent of Chuck E Cheese restaurant chain, for about $948 million, adding to a portfolio that includes companies ranging from cruise ship operators to casinos.