German real estate company Deutsche Annington's first dividend to shareholders following its 2013 listing could come to about 0.70 euros per share, writes Reuters. The group, which listed in Frankfurt in July but is still majority-owned by British financier Guy Hands' private equity group Terra Firma, has said it plans to pay out 70 percent of its profits as a dividend.
CareView Communications a patient and clinically focused information technology provider to the healthcare industry, has announced changes to its senior management team and board of directors. Also, HealthCor Partners Management and HealthCor Hybrid Offshore Master Fund have committed to make an additional $5 million investment in the company in the form of a senior convertible note.
Real estate investment and asset management company Brookwood Financial Partners has acquired Heritage Square I & II, a two-building, multi-tenant office property located in Dallas, TX. Brookwood has extensive plans to improve to the property.
Private equity firms are increasingly seeking to partner with U.S. companies rather than buying them outright, as they struggle to find ways to put their huge piles of money to work at a time when frothy markets have made takeovers expensive, Reuters reports.
Activist investor Daniel Loeb's Third Point Capital LLC has taken a stake of less than 5 percent in Hertz Global Holdings Inc, the second largest U.S. car rental company, CNBC reported.
Warren Buffett's Berkshire Hathaway Inc struck a deal to buy a Phillips 66 business that makes chemicals to improve the flow potential of pipelines for around $1.4 billion of stock, Reuters reported.
Private equity firm KKR & Co LLP has reported a 6.8 percent stake in chipmaker Marvell Technology Group Ltd, according to a regulatory filing.
Billionaire businessman Carlos Slim's private equity fund has sold its stake in Mexican pharmaceutical company Landsteiner Scientific to a fund related to that company.
Restaurant chain Cracker Barrel Old Country Store Inc has rejected activist investor and top shareholder Sardar Biglari's demand to sell itself, Reuters reported.
Insight Venture Partners has bought a "substantial" stake in Planview. No financial terms were disclosed. Lazard advised Planview on the transaction. In conjunction with the funding, Greg Gilmore has been named president and CEO of Planview. Also, Larry Handen, Peter Sobiloff and Hilary Gosher, managing directors at Insight Venture Partners, will join the firm's board of directors. Based in Austin, Texas, Planview is a provider of portfolio and resource management software.