SINGAPORE (Reuters) – Singapore state investor Temasek [TEM.UL] has bought a stake in Freeport-McMoRan Copper & Gold Inc (FCX.N) for nearly $32 million, according to a regulatory filing seen by Reuters. The stake purchase is its latest investment in the resources sector in which it has poured more than $1 billion in the last two […]
Mid Europa Partners has agreed to invest €60 million for an equity stake in Energy 21, a Czech developer and operator of solar power parks in Central and Eastern Europe.
Providence Equity Partners has agreed to buy Virtual Radiologic Corp. (Nasdaq: VRAD), an Eden Prairie, Minn.-based national radiology practice and developer of radiologist workflow technology. The deal is valued at $294 million, or $17.25 per share. Goldman Sachs advised VRC on the deal.
Francisco Partners has agreed to acquire EF Johnson Technologies Inc. (Nasdaq: EFJI), an Irving, Texas-based provider of secure communications solutions to organizations that protect and save lives. The deal is valued at around $27.8 million, or $1.05 per share.
LONDON (Reuters) – American Express Co has teamed up with UK private equity firm Permira to bid for Royal Bank of Scotland’s payment-processing arm, the Financial Times reported in its Monday edition. French software firm Atos Origin has also joined the private equity consortium of CVC Capital Partners and Welsh Carson Anderson & Stowe to […]
Summit Partners has agreed to acquire a majority stake in European online payment processing company Ogone SA/NV. No financial terms were disclosed.
(Reuters) – Private equity firm Apollo Global Management is in talks to buy U.S. packaging maker Pactiv Corp (PTV.N) in a leveraged deal, the Wall Street Journal said, citing people familiar with the situation. Pactiv has about $1.5 billion in debt and the Apollo deal would be among the largest leveraged buyouts in the past […]
LONDON (Reuters) – Alliance Boots, Britain’s biggest pharmacy chain, posted annual profit of over 1 billion pounds ($1.5 billion) on Monday, becoming only the third UK retailer to pass that milestone. The group, taken private in 2007 in Europe’s biggest leveraged buyout, also said strong growth in own-brand products like No7 cosmetics and in its […]
PHILADELPHIA (Reuters) – Mental health facilities operator Psychiatric Solutions Inc (PSYS.O) is close to a deal to be acquired by Universal Health Services Inc (UHS.N), a source familiar with the situation said on Sunday. Hospital operator Universal Health is expected to pay between $33 and $34 a share, the source said. Psychiatric Solutions closed at […]
WILMINGTON, Del. (Reuters) – Tribune Co’s reorganization plan wrongly tries to shut down a lawsuit against Sam Zell, who took the company into bankruptcy, and block potential claims by the government, the U.S. Department of Labor said in a court filing. Zell led an $8.2 billion leveraged takeover of the owner of the Chicago Tribune, […]