Atlanta-based private equity firm Roark Capital Group has bought a majority stake in CKE from Apollo Gold Management. No financial terms were disclosed. Goldman Sachs and Wells Fargo Securities advised CKE on the deal while Credit Suisse advised Roark. Headquartered in Carpinteria, Calif., CKE is the parent of the Hardees and Carl’s Jr fast food chains.
Private equity firm KKR & Co LP said on Tuesday it would invest C$250 million ($235 million) in Torq Energy Logistics Ltd, an operator of transloading terminals in Canada that is benefiting from the country's resources boom, Reuters reported.
Toronto-based Pinetree Capital has purchased 1 million common shares and 500,000 warrants of Coro Mining Corp. No financial terms were disclosed. As a result of the transaction, Pinetree now holds an aggregate of 15,715,000 common shares of Coro. Headquartered in Vancouver, British Columbia, Coro is a mining company focused on medium-sized base and precious metals […]
Madison Dearborn Partners said Tuesday that it has agreed to acquire a majority stake in Ikaria in a transaction valued at approximately $1.6 billion. Existing Ikaria shareholders, which include New Mountain Capital and members of the company’s management team, will receive a minority stake. Credit Suisse is advising Ikaria on the deal while Madison Dearborn is being advised by Barclays and Goldman Sachs. Headquartered in Hampton, NJ, Ikaria is a provider of proprietary and innovative therapies for the critical care units in hospitals.
Primary Natural Resources III, a portfolio company of Quantum Energy Partners, has completed the sale of its Anadarko Basin assets in Ellis and Roger Mills Counties in Western Oklahoma for $336 million. The buyer has not been identified. RBC Capital Markets and Conner & Winters advised Primary on the transaction.
Singapore's sovereign wealth fund GIC was named as British Land's new partner in London's Broadgate office and retail complex on Tuesday, buying out U.S. private equity group Blackstone for around 1.7 billion pounds ($2.8 billion).
Turkish hospital chain Medical Park's shareholders including U.S. private equity firm Carlyle signed a deal to sell a majority stake in the chain to Turkish buyout firm Turkven, Can Deldag, co-head of Carlyle MENA Partners said on Tuesday.
Private equity firm KKR & Co LP said on Tuesday it would invest C$250 million ($235 million) in Torq Energy Logistics Ltd, an operator of transloading terminals in Canada that is benefiting from the country's resources boom, Reuters reported.
Private equity firm Carlyle Group LP is nearing an agreement to acquire Johnson & Johnson's ortho clinical diagnostics unit, sources told Reuters on Monday, in a deal expected to be worth around $4 billion.
Noah Education Holdings Ltd. said Tuesday that it has received a going private proposal from certain existing shareholders that include MSPEA Education Holding Limited, which is controlled by Morgan Stanley Private Equity. According to terms of the proposal, the consortium would buy all outstanding shares of Noah Education Holding at a price of $2.80 per ordinary share and $2.80 per American depository share. Based in China, Noah is a provider of education services.