LONDON (Reuters) – Britain’s Royal Bank of Scotland (RBS.L) is mulling a private sale of health group The Priory, abandoning plans for a flotation due to turbulent financial markets, the Financial Times reported on Thursday. RBS has held talks with private equity groups over a potential sale of The Priory, favoured by celebrities for its […]
MELBOURNE, May 21 (Reuters) – Troubled drug maker Sigma Pharmaceuticals (SIP.AX) said on Friday it has received a $570 million takeover offer, the second Australian healthcare firm put into play in a week, and sending its shares up 47 percent. Sigma did not disclose the name of the bidder and advised shareholders to take no […]
Priceline.com has acquired TravelJigsaw, a UK-based online travel agent specializing in car rental. No financial terms were disclosed. The seller was ISIS Private Equity, which sponsored a £25 million management buyout of TravelJigsaw in 2005. Livingstone managed the sale process.
EN Engineering, a portfolio company of Clearview Capital, has acquired Wheatland Systems Inc., a Lawrence, Kansas-based provider of services to the power and utility industries. No financial terms were disclosed.
David Bell, a professor of business and agriculture at Harvard Business School, has joined Paine & Partners as an advisor on the agribusiness and food industry.
Charlesbank Capital Partners and H.I.G. Capital have acquired eye care services company TLCVision out of Chapter 11 bankruptcy.
Charlesbank Capital Partners has sponsored a recapitalization of Tulsa-based cedar distributor Cedar Creek, in exchange for a majority ownership position. ClearRidge Capital advised Cedar Creek on the deal. No financial terms were disclosed.
Stant Corp., a portfolio company of H.I.G. Capital, has acquired the assets of Expert Corp., a Romeoville, Ill.-based maker of evaporative emission canisters and front end carriers for the automotive industry.
Terry Bartz has been named managing partner of the new Minneapolis office of turnaround firm MorrisAnderson. He previously was COO of Verifications Inc.
Altus Capital Partners and Dunrath Capital have sold Gichner Holdings Inc., a Dallastown, Penn.-based maker of shelters for the U.S. military, to Kratos Defense & Security Solutions Inc. for $133 million in cash.